Latest News

Klarna strikes

Klarna Leverages $6.5 Billion Loan Deal With Ellio...

In Focus Klarna has signed a $6.5 billion loan deal with Elliott Investment Management The deal is aimed at growing Klarna’s business in the U.S. Klarna has struck a deal to sell loans amounting to $6.5 billion to funds that are managed by Elliott Investment Management in the next two years. Reuters reported that Klarna’s […]
EU probes cloud services

Inside the EU Probe into Cloud Service Giants, Mic...

In Focus The EU has announced three probes into Amazon AWS and Microsoft Azure The probes will be conducted under the Digital Markets Act (DMA) Two probes will assess whether the tech companies should be designated as gatekeepers The European Commission has announced three investigations into Amazon AWS and Microsoft Azure cloud services. According to […]
Cloudflare global internet disruption

Cloudflare Outage Sparks Internet Down Issues for ...

In Focus The internet is down across major platforms as Cloudflare detects “unusual traffic” spike Numerous B2B-critical services, including ChatGPT, X and others, hit by cascading disruption Cloudflare acknowledges internal service degradation and begins remediation An abrupt and wide-ranging incident left many business-critical applications inaccessible when Cloudflare, a major global infrastructure provider, identified a degradation […]
Klarna strikes

Klarna Leverages $6.5 Billion Loan Deal With Ellio...

In Focus Klarna has signed a $6.5 billion loan deal with Elliott Investment Management The deal is aimed at growing Klarna’s business in the U.S. Klarna has struck a deal to sell loans amounting to $6.5 billion to funds that are managed by Elliott Investment Management in the next two years. Reuters reported that Klarna’s […]
EU probes cloud services

Inside the EU Probe into Cloud Service Giants, Mic...

In Focus The EU has announced three probes into Amazon AWS and Microsoft Azure The probes will be conducted under the Digital Markets Act (DMA) Two probes will assess whether the tech companies should be designated as gatekeepers The European Commission has announced three investigations into Amazon AWS and Microsoft Azure cloud services. According to […]
Cloudflare global internet disruption

Cloudflare Outage Sparks Internet Down Issues for ...

In Focus The internet is down across major platforms as Cloudflare detects “unusual traffic” spike Numerous B2B-critical services, including ChatGPT, X and others, hit by cascading disruption Cloudflare acknowledges internal service degradation and begins remediation An abrupt and wide-ranging incident left many business-critical applications inaccessible when Cloudflare, a major global infrastructure provider, identified a degradation […]
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