Tag: firm
Princess of Wales’s parents’ party supplies firm sold after brush with insolvency
Consulting firm Krebs Stamos Group lays off six employees
A consulting firm founded and run by two well-known cybersecurity veterans laid off six people last week, TechCrunch has learned. Krebs Stamos Group was founded in 2021 by former Facebook chief security officer Alex Stamos and Chris Krebs, the former director of the U.S. Cybersecurity and Infrastructure Agency, who was famously fired by tweet by […]
Consulting firm Krebs Stamos Group lays off six employees by Lorenzo Franceschi-Bicchierai originally published on TechCrunch
Gambling Firm Allegedly Paid Blogs To Link New Members To Its Online Games
The Advertising Standards Authority’s (ASA) guidelines state that gambling adverts must not be “socially irresponsible,” including presenting betting as a way to relieve loneliness or depression. Another parenting blog recommended “opulent games of online roulette that are easy to learn and can provide some handy winnings too.” The ASA guidelines also state that gambling must not be presented as a “solution to financial concerns.” A further three parenting blogs posted parenting articles that also contained segments recommending online casino or bingo and linking to the Coral website. A source familiar with the arrangements said Coral had paid the bloggers to include the links.
Entain, which owns Coral, said the articles including links to the Coral website had been posted between 2014 and 2016, before it bought Ladbrokes Coral in 2018. On Tuesday, the company said it would try to get them taken down as soon as possible, although they remained live on Sunday. The source, who used to work for a company that arranged such deals with bloggers, said Coral staff had read the articles and signed them off before publication. […] Only one of the blog posts disclosed that links contained in the article were the result of a sponsorship or affiliate marketing arrangement. The Guardian has chosen not to name the blogs because the authors could not be reached for comment. The source said the practice was chiefly aimed at manipulating Google’s search results by creating an association between women and online casino and bingo games.
Read more of this story at Slashdot.
Illumina wins partial victory in Icahn battle as proxy firm ISS backs CEO DeSouza
Having Rebuffed The UK Stock Market, Now This Firm Could Become The Biggest Stock Listing Of The Year
After already withdrawing its shares from London, in what could be the biggest stock market listing of the year, the…
The post Having Rebuffed The UK Stock Market, Now This Firm Could Become The Biggest Stock Listing Of The Year appeared first on TechRound.
ASML, Europe’s Most Valuable Tech Firm, Is at the Heart of the US-China Chip War
Over his nearly four decades at the company, ASML has gone from a bit player competing with the likes of Nikon, Canon and Ultratech to the world’s only maker of very high-end semiconductor lithography equipment. Its ascent has made it Europe’s most valuable technology company, with a market capitalization of over $247 billion — more than twice that of its customer Intel. In an industry where devices typically cost $10 million, ASML commands about $180 million for its current top-end machine. And although the chip market has softened recently, ASML is still growing and its long-term outlook seems intact, thanks to the insatiable demand for computing power.
“This is a company that the world can’t exist without,” said Jon Bathgate, a fund manager at NZS Capital in Denver, which has about $2 billion under management, with ASML as one of its biggest holdings. “They’ve got a 20-year head start… Investors have clearly realized how important ASML is as a company and how difficult it would be to replicate. It’s a natural monopoly with secular growth winds. That’s unique.” As chips become for geopolitics in the 21st century what oil was in the last one, ASML’s singular success has thrust it squarely in the crosshairs of the intensifying tensions between the US and China. With the US focused on the strategic importance of semiconductors, Presidents Donald Trump and Joe Biden have done everything to ensure that China is a couple of generations behind in chips. No company is more critical to that effort than ASML.
Read more of this story at Slashdot.
Spend management firm Clara secures $60M amid rapid transaction growth in LatAm
Clara is working with 10,000 companies across Latin America and reports an annual run-rate of 5 million credit card transactions, equivalent to $1 billion.
Spend management firm Clara secures $60M amid rapid transaction growth in LatAm by Christine Hall originally published on TechCrunch
Dark and Darker lawyers fire back at Nexon: ‘nothing more than anti-competitive bully tactics designed to put a small indie firm out of business’
A Chat with Aman Behzad, Managing Partner at FinTech Advisory Firm: Royal Park Partners
Royal Park Partners is a specialist corporate advisor to the Fintech industry. In a nutshell, we provide Fintech innovators with…
The post A Chat with Aman Behzad, Managing Partner at FinTech Advisory Firm: Royal Park Partners appeared first on TechRound.