Shares of the American company Facebook rose 4.18% to $ 355.64 at the end of trading on Monday, June 28, and amounted to 1.008 trillion dollars in total value of the company.
The sharp jump in quotations is due to a court decision that rejected the antitrust lawsuit of the US Federal Trade Commission. This case could lead to the division of Facebook’s business.
“The Federal Court rejected the complaint of the Federal Trade Commission against Facebook from (the company’s monopoly position, – ed.), Saying that the agency did not provide evidence of its allegations,” – said the publication.
The court ruled that the federal authorities had not provided enough facts to prove that the company had a “60% plus” share of the social media market.
Company Continues Strategic Expansion Adding New Service Capabilities, Talent, and Broadening Nearshore Footprint SAN JOSE, Calif.—January 5, 2023— GlobalLogic Inc., a Hitachi Group Company and Digital Engineering Leader, today announced the acquisition of Hexacta, a Pan-Latin-America digital and data engineering company. The acquisition is part of GlobalLogic’s continued strategy to expand its offerings, and its […]
Last year, the global medical device market reached $532.62 billion, according to Mordor Intelligence. Ukrainian engineers are involved in the projects of key players, which occupy almost 10% of the market. This share can be estimated at 50 billion US dollars*. Domestic specialists create more than a hundred software solutions of various levels. These include […]
Новий власник Twitter Ілон Маск доручив інженерам попрацювати над перезавантаженням Vine, яке може бути готове до кінця нинішнього року. Про це повідомляє Axios. Зазначається, що інженерам компанії необхідно вивчити стару кодову базу відеосервісу, яка не змінювалася та не оновлювалася з моменту закриття, а саме з 2016 року, коли з’ясувалося, що майданчик не витримує конкуренції. Втім, одне з […]
Credit Agricole has been ranked first in the social responsibility rating of the banking sector, created by Standard-Rating based on the 2022 half-year results. The rating agency commended the bank’s contribution to the economy of Ukraine. The bank has paid UAH 100 million in taxes in advance, while issuing UAH 1.2 billion in loans under […]
From October 1, drivers must turn on the dipped headlights of the car outside the city. This helps to additionally mark the vehicle in conditions of low visibility within the autumn-winter period. GlobalLogic reminds about the importance of compliance with traffic rules and tells about the developments of Ukrainian engineers that affect road safety. In […]
Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]
3×4, a Web3 fundraising platform for non-profits, has been launched in Ukraine to bring innovative crypto & NFT fundraising to the rising number of social impact causes. 3×4 helps non-profit organizations to fundraise utilizing NFTs in collaborations with artists and brands while providing donors utility, revenue and transparency. The idea of 3×4 was born in […]
Ukraine places eight-year Eurobonds for 1.25 billion dollars at 6.875%. The demand is more than $ 3.3 billion. This was reported by Interfax-Ukraine, citing its own source. Initially, the benchmark profitability of the issue was 7-7.25%. Demand for Ukraine’s debt at the final rate exceeded $ 3.3 billion. According to the publication, Deutsche Bank, BNP […]
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December, 14 2015, Shell announced that after they finish the merger with the British oil company BG Group PLC, they will fire 2,800 people. The company said in report that their plans are to reduce the number of employees by 3%. Terminations will start in 2016. Earlier, Shell announced plans to cut the number of […]
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Visa in conjunction with BioConnect will promise to provide a new service which will give an opportunity to their clients to undergo the procedure of biometric authentication, using the application on their phone in the nearest future. According to developers of the program, such innovation is a fine alternative to passwords use. In addition, the […]
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Telegram Messenger registered more than 70 million new users against the background of a large-scale failure of the social network Facebook and its services. The founder of the messenger Pavlo Durov announced this in his Telegram-channel. “Telegram’s daily growth rate is an order of magnitude higher than normal, and in one day we have received […]
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Shares of Peloton Interactive, which rose 184% since the beginning of the year, fell 3.6% over the past three trading days, despite two price target increase from experts of investment companies. Last week, JP Morgan raised its target price for Peloton shares from $ 58 to $ 105. On Friday, analysts at JMP Securities raised […]
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Microsoft announced the plan: to buy the fashionable social application TikTok, that owned by the Chinese company Bytedance Ltd, and confirms the long-standing efforts of the technology giant to occupy a niche in the digital advertising market, along with Facebook and Google. It is known that Microsoft intends to acquire TikTok’s business in the United […]
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During the week, the National Bank of Ukraine bought $ 228 million on the interbank foreign exchange market. At the same time, the central bank did not sell currency on the interbank market. So the NBU continued to buy currency on the interbank market, the bank increased it compared to last week ($ 15 million) […]
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The ABH Ukraine, Cyprus company said it would buy a 50% stake in the “Alfa Insurance” insurance company. Recently, the Antimonopoly Committee has permitted ABH Ukraine (Cyprus) to buy a 50% stake in the “Alfa Insurance” insurance company, according to the Antimonopoly Committee report. “It was given a resolution to the ABH Ukraine Limited company […]
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On Wednesday, the 24th of November, 2015 The Securities and Exchange Commission told that the information was stolen for illegal insider trading profits. Promising young man whose name is Yue Khan (also he calls himself John Khan), came to work to one of the largest investment banks in the world in late 2014. His task […]
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American investor Michael Burry, who predicted the financial crisis of 2008 and became the prototype of one of the characters in the movie The Big Short, made a huge bet on the fall of shares of Ilon Mask`s Tesla, Reuters writes. As of March 31, Bury’s Scion Asset Management investment fund had an option to […]
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Internet service Preply, that was designed for searching of local and online tutors, announced the release to the Brazilian market. For this purpose, the company made a localization to Portuguese, implemented the accepting of payments in reais, and hired a Brazilian student Lucia in Kiev office. Her responsibilities will include support for tutors in the […]
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Tesla Inc. of Elon Musk will export Model 3 electric cars made in China to Europe. This was reported by the Interfax-Ukraine news agency with reference to the company’s statement. The first batch of 7,000 cars will be shipped from the port of Shanghai on October 27. They are expected to reach the Belgian port […]
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The direction of the Chinese “Anhui Foreign Economic Construction Corporation” expressed interest in the construction of the grain processing plant in the territory of Ukraine, the products of which will be exported to China. This was said by the vice-president of the “Anhui Foreign Economic Construction Corporation” Zhang Zhonghua at a briefing in the framework […]
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Continuing a topic of the relations correct registration between investors and the builder we continue to inform about legal niceties of such relations possible options registration within a “Construction scam”special project. We have already said about how to arrange the agreement of share participation, the purchase and sale provisional agreement. Today it will be an […]
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Top managers of Ukrainian business are in no haste to predict the trends in the development of Ukrainian economy in 2017. Exactly about it reported the president of EEMEA Jacobs Douwe Egberts Taras Lukachuk on Thursday, January 26 on General meeting of European Business Association: Business climate in Ukraine, a global review (Ukraine’s Business Climate-Global […]
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Apple CEO Tim Cook doubts that he will hold the post for another 10 years. He stated this in an interview published on Monday in The New York Times. Asked if he would head Apple during that time, Cook said: “Another 10 years. Probably not.” He added that now the specific time when he could […]
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