Tag Archive : Tech

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AT&T Inc.* (NYSE:T) CEO John Stankey will be the opening speaker of the WSJ Tech Live conference on October 19, 2020. The presentation will be held virtually and is scheduled to begin at 12:05 p.m. ET.

A livestream of the fireside chat will be available at no cost for those who register for the Watch Pass on the WSJ conference website. Viewers should join the webcast a few minutes before the planned start time in case the conference schedule changes.

*About AT&T
AT&T Inc. (NYSE:T) is a diversified, global leader in telecommunications, media and entertainment, and technology. WarnerMedia is a leading media and entertainment company that creates and distributes premium and popular content to global audiences through its consumer brands, including: HBO, HBO Max, Warner Bros., TNT, TBS, truTV, CNN, DC Entertainment, New Line, Cartoon Network, Adult Swim and Turner Classic Movies. Xandr, now part of WarnerMedia, provides marketers

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Tech has been a terrific place to be for a while now, and still is. Traditionally, though, this area has been off-putting to those concerned about value, whether in the traditional academic sense that requires low ratios, or in the theoretically sound sense that requires investors to face the challenges of making necessary assumptions about future growth. This disconnect need not exist, however. Value investors can filter for emerging growth opportunities and look for appealing valuations within that particular subset of the market.

Value Without Growth Is Not Really Value

There are many out there who see value and growth as being opposed styles, and in some cases, downright antagonistic. That’s wrong.

The correct valuation for a stock is not an arbitrarily chosen low number, or even a low rank relative to other valuations in the market.

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Remote work and schooling is making tech and tech brands popular with investors. The Sterling deal will speed up iLife’s moves into new categories.
Image Credit: Pexels

Dubai: The Sterling Group, the private equity firm, has acquired Dubai-based iLife Digital Technology, a PC brand, for an undisclosed amount. The investment will be used to speed up iLife Digital’s growth plans as well as increase its market share. Other geographies too might be added.

“Coronavirus has created PC sales spike – globally,” said Anees Mian, co-founder of iLife Digital Technology. “With accelerated spread of Covid-19 there has been a surge in consumers buying devices in order to work-from-home – partnering with Sterling Group was a strategic move.” 

Pick up COVID-19 generated growth

For Sterling, it meant an exposure in a “lucrative sector buoyed by positive developments”. Headquartered in Dubai, iLife has had a pan-India presence for around three years. It plans

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10 things in tech you need to know today

October 12, 2020 | technology | No Comments

Good morning! This is the tech news you need to know this Monday. Sign up here to get this email in your inbox every morning.



a group of people standing in front of a store: Fortnite parodied Apple's famous 1984 ad Epic Games


© Epic Games
Fortnite parodied Apple’s famous 1984 ad Epic Games

  1. A judge ruled Apple doesn’t have to bring Epic Games’ ‘Fortnite’ back to the iPhone App Store. Epic sued Apple in August over allegations of anticompetitive behavior.
  2. 60 employees voluntarily resigned from Coinbase over its new ‘apolitical’ policy. Tensions came to a head in a company-wide meeting when employees demanded CEO Brian Armstrong say the words “Black lives matter”. 
  3. Peloton removed QAnon hashtags from its platform as tech companies continued to grapple with the conspiracy theory movement. “Peloton was built on community, inclusivity, and being the best version of yourself,” a spokesperson said.
  4. Leaked audio revealed Google CEO Sundar Pichai saying he plans to expand ‘hub’ offices for a more flexible working future. Pichai
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German tech giant Software AG has been hit by a ransomware attack that caused the company to suspend services.

The attack occurred Oct. 3 and has been attributed to Clop ransomware. As is typical in a ransomware attack in 2020, the company’s files were encrypted and those behind the attack demanded a ransom payment of about $20 million or they would publish internal company data.

Software AG did not pay the ransom and, according to a report on ZDNet Friday, those behind the attack have started to publish internal company information. In one screenshot, the personal details of Software AG Chief Executive Officer Sanjay Brahmawar were published, including a scan of his passport.

The company formally disclosed the ransomware attack in a statement Oct. 5, describing it as a “malware attack.” Although its current recovery status is unknown, for now the company has as its lead story on its website

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  • 24 of the top 50 companies who posted the most remote job openings on FlexJobs between March 1 and September 15, 2020, are software and technology-based.
  • Atlassian, Amazon, Collabera, CrowdStrike, Oracle, Red Hat, Tanium and Twilio are a few of the many tech companies actively looking to fill remote-based job positions today.  
  • Amazon has 949 open work-from-home positions open today on their Amazon Jobs site, 287 of which are for Solution Architect roles, 99 in Software Development and 83 in Project/Program/Product Management Non-Tech.   

FlexJobs is one of the leading sites and subscription services specializing in verified high quality, remote and flexible jobs. They have seen an increase of more than 50% in remote job listings in the areas of Computer/IT, Customer Service, Accounting & Finance, Project Management, Marketing

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Michael Gorriz

Courtesy of Standard Chartered

From sourcing 2,000 laptops for computer-less staff to boosting remote working capacity 20-fold, Michael Gorriz spent the year at the center of a global bank’s scramble to cope with an office-emptying pandemic.

Standard Chartered Plc’s chief information officer had a ringside seat for the start of the crisis. While his bank is headquartered in London, the German-born Gorriz works from Singapore — a five-hour flight to Wuhan, the Chinese epicenter of the coronavirus outbreak. StanChart’s branch in Wuhan was locked down, giving an early inkling of what life under Covid-19 might be like.

The pandemic drove thousands of older customers online for the first time, stress-testing technology for a company that’s bet heavily on digital banking. The Wuhan outbreak also gave Gorriz a unique perspective on enabling working from home at a time when the crisis still seemed remote in

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Argentina Bonds Fall With Tighter Foreign-Exchange Controls

Photographer: Erica Canepa/Bloomberg

Argentina is expanding benefits to its burgeoning tech sector in an effort to boost much-needed foreign investment and exports, supporting a resilient industry that’s grown amid a severe, three-year recession.

Both chambers of congress recently approved a technology bill that provides tax incentives for the next decade to start-ups and industry giants that train and hire workers. It’s one of very few bills with long-term economic scope to make it through Argentina’s deeply divided congress this year.

“There’s absolute agreement among all political parties about the relevance of this sector,” Production Minister Matias Kulfas told journalists Friday, estimating the bill over 10 years would nearly double employment and increase tech service exports by an additional $4 billion. “The pandemic is speeding up digital priorities, and we have to see it as an opportunity to strengthen foreign investment.”

Tough Tech

Argentina’s tech sector has

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  • The five U.S. tech giants are now valued at about $7 trillion, up from $2 trillion five years ago.
  • As lawmakers made clear in a report released this week, they view Big Tech as having dangerous monopolistic power that needs to be checked.
  • A number of things have taken place in the past decade that turned the Silicon Valley-Seattle corridor into a target for Washington politicians.



Mark Zuckerberg wearing a suit and tie: Facebook Chief Executive Mark Zuckerberg walks past members of the news media as he enters the office of U.S. Senator Josh Hawley (R-MO) while meeting with lawmakers to discuss


© Provided by CNBC
Facebook Chief Executive Mark Zuckerberg walks past members of the news media as he enters the office of U.S. Senator Josh Hawley (R-MO) while meeting with lawmakers to discuss

After a 16-month investigation into competitive practices at the largest U.S. tech companies, Democratic congressional staffers laid out their findings this week in a 449-page report. They concluded that Apple, Amazon, Facebook and Google enjoy monopoly power that needs to be reined in, whether that means breaking the companies up, blocking

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Laurence Tosi

Photographer: Peter Foley/Bloomberg

Laurence Tosi, a former chief financial officer of both Airbnb Inc. and Blackstone Group Inc., is in the final stages of raising a $750 million fund to make wagers on marketplace-focused technology companies, according to people with knowledge of the matter.

Tosi’s investment firm, WestCap Investment Partners LLC, has received about $1.2 billion of investor interest and is slated to close the vehicle in mid-November, according to one of the people, who asked not to be identified because the talks are private. Investors in the new WestCap vehicle include sovereign wealth funds such as Caisse de depot et placement du Quebec, pension funds and ultra-high-net-worth individuals or entrepreneurs and their family offices, some of the people said.

A WestCap representative and Caisse spokesman Conrad Harrington declined to comment.

The firm traces its roots to Weston Capital, which Tosi formed in 1997 and which made

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