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Swisscom Secures Approval for Vodafone Italia Acquisition

11 hours ago

Swisscom AG has received the green light from regulatory authorities to proceed with its acquisition of Vodafone Italia, marking a significant step in the evolution of telecommunications in Italy. This approval reinforces Swisscom's ambitions to expand its footprint in the European market, particularly in the mobile communications sector.

Billionaire Patrick Drahi Relocates Residency from Switzerland to Israel

23 hours ago

In a significant move that has attracted attention from both financial circles and media outlets, billionaire investor Patrick Drahi has officially changed his residency from Switzerland to Israel. This strategic relocation is not only a personal decision but also possibly influences the landscape of global investment and philanthropy.

Trump Embraces the Tech Elite: A Surprising New Alliance

1 day ago

In an unexpected twist to his public persona, former President Donald Trump has found himself in the spotlight not just for his political ambitions but for his newfound interaction with the technology industry's leading figures. At a recent event that drew the attention of various influential tech titans, Trump expressed both amusement and strategic interest in the relationships he’s nurturing with these key players in Silicon Valley.

Inside Trump's Tech Circle: The Power Players Behind the Scenes

2 days ago

In an intriguing new chapter for the intersection of technology and politics, notable figures such as Elon Musk, Marc Andreessen, and Jason Sacks have emerged as pivotal allies of former President Donald Trump. This tech entourage not only represents a significant shift in Trump's strategic approach but also underscores the growing influence of tech moguls in shaping political narratives and agendas.

Macquarie Explores Potential Sale of Altafiber Exceeding $5 Billion

4 days ago

Macquarie Group is assessing the opportunity to divest its telecommunications subsidiary Altafiber, with potential sales figures anticipated to surpass $5 billion. This consideration emerges amid a competitive environment in the communications sector, where growing demand for fiber-optic infrastructure presents lucrative prospects for investors.

Instagram Poised to Drive Half of Meta's U.S. Ad Revenue by 2025

4 days ago

In a groundbreaking forecast, Instagram is anticipated to contribute a staggering 50% to Meta Platforms Inc.'s advertisement revenue in the United States by the year 2025. This projection marks a significant shift for the social media titan, emphasizing Instagram's growing relevance within Meta's overall business strategy.

Meta's Irish Division Hit with $251 Million Fine Over Data Breach

5 days ago

In a significant development for one of the world's leading tech giants, Meta Platforms Inc.'s Irish arm has been imposed with a hefty fine of $251 million by the Data Protection Commission (DPC) of Ireland. This penalty comes as a result of a substantial data breach that compromised the personal information of over 500 million users across various social media platforms.

Will the U.S. Power Industry Rise to the Challenge of AI's Energy Appetite?

6 days ago

As artificial intelligence (AI) continues to permeate various sectors, its increasing energy demands have triggered crucial discussions within the U.S. power industry. The rapid ascent of AI technologies—from advanced machine learning algorithms to data analysis—has not only transformed how businesses operate but is now placing unprecedented strain on power infrastructure across the nation.

Kioxia's Challenging IPO Journey in the Bustling Tokyo Market

6 days ago

Kioxia Holdings Corporation, a significant player in the semiconductor industry, is set to launch its initial public offering (IPO) in Tokyo amidst a flurry of activity in the market. The company, which was previously a part of Toshiba Corp., is facing a series of challenges that could impact its performance and investor enthusiasm during this critical period.

Swiss Steel Aid: A Shift Towards Government Intervention

6 days ago

In a significant move diverging from its traditionally hands-off approach, the Swiss government is considering providing financial assistance to struggling steelmaker Swiss Steel Holding AG. This development comes as the company grapples with a series of challenges, including fluctuating steel prices and heightened competition in both domestic and international markets.