The sale of part of the social network TikTok of the Chinese company ByteDance to the American companies Oracle and Walmart has been suspended for now.
Note that possible security threats from the Chinese technology giant have stopped the process of selling the platform. However, ByteDance continues to negotiate with the US intelligence services about these Americans and prevent access to them by the Chinese government.
The decision was influenced by the fact that the defense of ByteDance in US courts was able to appeal successfully the ban on former US President Donald Trump to work in the country. In addition, the administration of President Joe Biden wants to get TikTok to protect data not by prohibitive measures, but for example, by creating an intermediary company to work with such data.
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 […]
Shares of Nikola fell to 36.45% over the last week. Energy giant BP’s announcement on Wednesday that it is abandoning a potential partnership with Nikola, which exacerbated a number of problems faced by the startup in the recent days. Nikola planned to organize the production of its cars in partnership with other large manufacturers and […]
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Problems with the supply of the AstraZeneca vaccine to the European Union are partly because the contract plant in the Netherlands has not yet delivered a single dose, the Financial Times reported on March 14. The Leiden plant is one of the main producers of the active substance of the vaccine, along with the plant […]
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Volvo dropped several cars from a height of 30 meters for crash tests. According to the automaker, such tests are very important for training rescue services. Volvo lifted the cars to a height of 30 meters with a crane, and then smashed them several times. Such a test allowed to simulate damage to cars at […]
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Avellana Gold Ltd. has become the owner of PJSC Carpathian metallic mineral company. Interfax-Ukraine has informed about it. According to information, placed on the website, the foreign holding also invests about 400 million dollars in the development of an industrial complex. The agreement on investment attraction was signed on November 16,2016. Other details of the […]
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“Metinvest Holding” LLC, the management company of the largest Ukrainian mining and steel group “Metinvest”, filed a lawsuit to the Alchevsk Metallurgical Plant (ALMK, registered in Severodonetsk, Luhansk region), included in the corporation “ISD” and “Metinvest-SMC” LLC on totaling more than 5.8 billion UAH. The Commercial Court of Kiev began the production and adopted a […]
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Antimonopoly Committee of Ukraine has fined the Russian company “Gazprom” for 85 billion UAH for abuse of monopoly power. This information was announced by the head of department Yuriy Terentyev on his Facebook. He emphasized that the “Gazprom” is a monopolist in the market of transit of natural gas through main pipelines on the territory […]
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Ukraine plans to attract $ 5 billion in investments this year. Deputy Minister of Economic Development Iryna Novikova stated this at the Ukraine 30 business forum. The Ministry of Economy believes that this amount of investment will be able to attract thanks to concessions, support for large investment projects and industrial parks. Thus, Novikova noted […]
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The car company plans to increase the production of electric and hybrid cars, and in the coming years will be actively engaged in developing new models. Leaders of Ford Motor Company announced that they plan to invest in the production of electric and hybrid vehicles $ 4.5 billion. The CEO of the company Mark Fields […]
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Representatives of the House of Representatives and the US Senate have agreed to include additional sanctions against Russia’s Nord Stream-2 gas pipeline. The sanctions will be included in the US State Defense Act for 2021.This was reported by Bloomberg. The sanctions will affect insurance and certification companies working with Russian courts to complete the project. […]
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Падіння економіки України у 2022 році буде найбільшим за всю історію країни. Про це йдеться в інфляційному звіті Національного банку. “Військові дії зумовили глибокий спад економіки. Після шоку перших місяців війни вона поступово адаптується до нових умов, проте падіння ВВП у 2022 році буде найглибшим за всю історію України”, – йдеться у повідомленні. За базовим сценарієм, цього […]
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According to the updated data of the State Statistics Service, Ukraine’s GDP growth in the second quarter of 2021 was 5.7% in annual terms, which is 0.3% higher than the previous estimate. In particular, for six months the nominal GDP was UAH 1 trillion 169.4 billion, and per capita – UAH 28.19 thousand. Compared to […]
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A new calendar year always offers an opportunity for a fresh start and provides an additional pinch of motivation to banish some habits that have stopped serving you well (did they ever?). Here are 10 things to leave behind to foster a stronger, happier, more successful you in 2017. (Entrepreneur) 1. Procrastinating on your goals […]
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Founder of Tesla Inc. and SpaceX Elon Musk took second place in the list of the richest people in the world, ahead of Microsoft founder Bill Gates. This was reported by the Bloomberg Billionaires Index. Over the past 12 months, Mask’s fortune has grown by about $ 100 billion, according to Bloomberg estimates. According to […]
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Recently, the launch of the new terminal of COFCO Agri of grains and oilseeds transshipment took place in Mykolayiv, – it is reported by the informed sources. According to the representatives of the company, the funds invested in the project, amounted to $ 75 million. The building of the terminal started two years ago and […]
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The famous American billionaire George Soros decided to invest to the development of Ukrainian IT-sphere. On the 18th of November 2015, he spoke about buying the part of the Horizon Capital in IT company Ciklum, and a certain amount of assets of Majgaard Holdings Ltd, which is owned by the head of Ciklum Torben Maygaarda. […]
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On Monday, the Cabinet of Ministers of the United Kingdom officially announced the implementation of more than 700.000 million shares of the largest national retail bank Lloyds Banking Group total value of which, at the close of the stock market on Friday, estimated at 481 million pounds. Thus, a majority of assets owned by the […]
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