Billion

Tech Giants like Bosch Group (Germany) and Cisco (US) Leading the $32.7 Billion LoRa and LoRaWAN IoT Market: Insights by MarketsandMarkets™ – Technology Today

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The global LoRa and LoRaWAN IoT market is expected to grow from USD 8.0 billion in 2024 to USD 32.7 billion by 2029, with a CAGR of 32.4% according to a new report from MarketsandMarkets™. The market drivers include the increasing demand for low-power, long-range, wide-area network connectivity, advances in IoT technologies, and a focus … Read more

Google faces 1 billion euro tax claim from Italy – Reuters

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The Italian government has reportedly issued a claim against Google for 1 billion euros in unpaid taxes. This action is part of a larger effort by various countries to hold tech companies accountable for their tax obligations. Italy is taking a firm stance on this issue, demanding that Google pay its fair share in taxes … Read more

Hewlett Packard Enterprise Seeks Approval from European Commission for $14 Billion Juniper Acquisition (NYSE: HPE)

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Hewlett Packard Enterprise Seeks Approval from European Commission for Billion Juniper Acquisition (NYSE: HPE)

Hewlett Packard Enterprise has filed a $14 billion acquisition of Juniper Networks with the European Commission, who has until August 1 to decide whether to approve the agreement. The UK Competition and Markets Authority has also launched an investigation into the deal, with a decision expected by August 14. Juniper shareholders have already approved the … Read more

Google owes Italy 1 billion euros in unpaid taxes, says government

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Google owes Italy 1 billion euros in unpaid taxes, says government

Italy is reportedly seeking 1 billion euros in unpaid taxes and fines from Google, according to three sources familiar with the matter. This comes seven years after the U.S. tech giant settled a significant tax dispute with Italian authorities. Google has stated that it complies with tax regulations in all the countries where it operates, … Read more

EU authorities to make decision on $14 billion HP-Juniper deal by August 1st, reports Reuters

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EU authorities to make decision on billion HP-Juniper deal by August 1st, reports Reuters

EU antitrust regulators are set to make a decision on August 1 regarding Hewlett Packard Enterprise’s planned acquisition of network equipment maker Juniper Networks for $14 billion. The deal, announced in January, is aimed at bolstering HPE’s artificial intelligence products and expanding its networking business. The European Commission may approve the deal with or without … Read more

My company is owed $2 billion by Intel and is receiving an 8.5 billion handout

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My company is owed billion by Intel and is receiving an 8.5 billion handout

Intel is facing a lawsuit after being ordered to pay VLSI Technology LLC $2.18 billion for patent infringement. As Intel is set to receive up to $8.5 billion in donations from American taxpayers through the CHIPS Act, it is crucial to understand the company’s actions and behavior. Patricio Tiberi, a member of Intel’s lobbying group, … Read more

Apple Warns its 1.46 Billion iPhone Users about Google Chrome

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Apple Warns its 1.46 Billion iPhone Users about Google Chrome

Apple has issued a warning to its 1.46 billion iPhone users, targeting those who use Google Chrome. The company has put up billboards around the world promoting its Safari search app as a “truly private” browser. While not explicitly naming Google Chrome, which is the most popular search browser for smartphones, Apple’s message seems clear. … Read more

Companies reduce borrowing expenses on $400 billion of US high-yield loans

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Companies reduce borrowing expenses on 0 billion of US high-yield loans

U.S. companies have been able to take advantage of investor appetite for junk loans, with nearly $400 billion of debt being revalued at lower interest rates this year. The easing of financing conditions for U.S. companies has been attributed to the equivalent of two quarter-point cuts by the Federal Reserve. Demand has been driven by … Read more

Protesters Interrupt Amazon Conference Due to $1.2 Billion Contract with Israel

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Protesters Interrupt Amazon Conference Due to .2 Billion Contract with Israel

Two activists disrupted the Amazon Web Services Summit in Washington, DC to protest Project Nimbus, a $1.2 billion cloud computing contract with the Israeli government. The protest occurred during a speech by Dave Levy, vice president of global public sector at AWS, targeting Amazon for its ties to a government accused of committing human rights … Read more