Tag Archives: Billion

News – May 22, 2023 – 11:43 am The Irish privacy watchdog fines Facebook parent Meta 1.2 billion euros for the illegal transfer of personal data to American servers of hundreds of millions of Europeans. In addition to the fine, Meta is also required to stop transferring personal data to …

Agreement to increase production of Chevron DJ basins by 260,000 b/d The company raises its investment expectations upon purchase Chevron shares fall less than 1% and PDC Energy gains 9% May 22 (Reuters) – Chevron Corp (CVX.N) said Monday it is increasing its presence in the US oil and gas …

New York law firm “Magic Circle” Allen & Overy merges with Shearman & Sterling to form a practice with combined revenues of approximately $3.4 billion, in one of the largest transatlantic legal relationships in history. The merger, which is subject to a vote by the partners of the two firms, …

British Prime Minister Rishi Sunak comes up with an investment strategy of 1 billion pounds (1.15 billion euros) for the national chip industry. The money should ensure that the country has caught up in the fierce global competition. Rather than competing directly with the significant manufacturing subsidies from the United …

News – May 19, 2023 – 11:21 Amazon Web Services (AWS) plans to invest $13 billion in India to expand cloud infrastructure. That could create 100,000 full-time jobs. The company already has two data centers in the Indian subcontinent, one in Mumbai which launched in 2016 and another in Hyderabad …

News – May 19, 2023 – 06:15 Chinese online fashion and lifestyle store Shein is said to have raised $2 billion in new growth capital. At least that is what sources tell Reuters news agency and the Wall Street Journal. The valuation of the company would be a third lower …

Apple explains in a recent press release that its App Store prevented more than $ 2 billion (1.84 billion euros) in potentially fraudulent transactions last year, while nearly 1.7 million app requests were rejected because they did not meet privacy requirements. and safety standards. This announcement comes as Apple is …

American singer Miley Cyrus has broken another record on Spotify with her big hit Flowers. Thursday night, the song reached its billionth stream, barely 112 days after the song was released. As a result, Flowers became the song that has been streamed one billion times in the shortest time, the …

Telecom providers Vodafone and CK Hutchison are said to be planning a £15 billion mobile merger in the UK. The Financial Times says that British mobile giant Vodafone and CK Hutchinson, which operates UK mobile network Three, are “poised” to announce a £15bn combination of their UK telecoms business. The …

OpenAI has raised money from several venture capitalists. The valuation of the company behind ChatGPT would now stand at $27 billion to $29 billion, which equates to at least $24.5 billion. So says TechCrunch. Investors include Tiger Global, Sequoia Capital, Andreessen Horowitz, Thrive, K2 Global and Founders Fund. The VCs …