Tag: Computer Services

Tech Hubs Are Losing the Talent War to Everywhere Else
Technology

Tech Hubs Are Losing the Talent War to Everywhere Else

Silicon Valley and other tech hubs are losing the tech talent war.Metro areas that consistently attracted huge numbers of tech workers have hit a turning point, according to fresh data from labor-market analytics firm Lightcast, crunched by D.C. think tank Brookings. The share of the nation’s tech workers who work in places such as Silicon Valley, San Francisco, Boston, New York, Los Angeles and the greater Washington, D.C. area is actually shrinking. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
E-Signature Company DocuSign Explores a Deal
Money

E-Signature Company DocuSign Explores a Deal

E-signature company DocuSign is working with advisers to explore a sale, in what could be one of the largest leveraged buyouts in recent memory.Conversations are in the early stages, people familiar with the situation said, and there are no guarantees a deal will be reached. DocuSign could attract interest from private-equity firms and technology companies.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The Companies Conducting Layoffs in 2023: Here’s the List
World

The Companies Conducting Layoffs in 2023: Here’s the List

Updated Dec. 14, 2023 12:04 pm ETAfter a rash of layoff announcements at the beginning of the year, some companies are cutting jobs as 2023 winds down and a strong labor market shows signs of cooling. Tech-industry layoffs, which dominated at the start of 2023, included Facebook parent Meta Platforms, Google parent Alphabet and Microsoft. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Atos Shareholder Onepoint Raises Stake to 11.4%; Seeks Board Seats
World

Atos Shareholder Onepoint Raises Stake to 11.4%; Seeks Board Seats

Atos’s anchor shareholder Onepoint has raised its stake in the company to 11.4% and is seeking to have three seats on the company’s board.Onepoint, which had a stake of 9.9% in Atos as of Nov. 1, said late Wednesday that it aims to keep buying Atos shares subject to market conditions, but that it doesn’t intend to take control of the company.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
TikTok Strikes Back in Indonesia
Money

TikTok Strikes Back in Indonesia

The Indonesian government executed its crackdown on “social shopping” in the name of protecting local small businesses. TikTok ended up taking over a local champion. The deal makes good sense for TikTok, in more ways than one. It gets a way back into its key e-commerce market in Southeast Asia. It also sends a shot across the bow of regulators in other countries that might be contemplating similar moves.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
TikTok to Invest More Than $1.5 Billion in GoTo to Restart Indonesia E-Commerce Business
World

TikTok to Invest More Than $1.5 Billion in GoTo to Restart Indonesia E-Commerce Business

Updated Dec. 11, 2023 4:29 am ETBytedance’s TikTok will invest more than $1.5 billion in a deal with GoTo Group that will allow the Chinese video-sharing app to resume retail operations in Indonesia, one of its most successful e-commerce markets.The companies said Monday that TikTok Shop Indonesia and GoTo’s Tokopedia e-commerce platform will be combined under the existing Tokopedia entity, with TikTok taking a 75% controlling stake.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Blackstone, Digital Realty Team Up to Develop $7 Billion in Data Centers
World

Blackstone, Digital Realty Team Up to Develop $7 Billion in Data Centers

Investment giant Blackstone and Digital Realty, one of the world’s largest data-center companies, are creating a new venture to develop $7 billion in data centers that will target the largest providers of online content, cloud services and artificial intelligence.The venture plans to develop 10 data centers on four campuses in Frankfurt, Paris and northern Virginia over the next five or six years, the companies said. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Montana Judge Says TikTok Ban Likely Violates First Amendment
Technology

Montana Judge Says TikTok Ban Likely Violates First Amendment

Updated Nov. 30, 2023 11:31 pm ETTikTok won a reprieve in Montana after a judge ruled a state law banning the app can’t go into effect in January, saying it “likely violates the First Amendment.”A federal judge on Thursday granted a preliminary injunction blocking the law, which was passed by the Montana legislature earlier this year, pending the outcome of a lawsuit filed by the social-media company. The legality of the ban itself will be decided later in a bench trial that has yet to be scheduled.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Amazon Debuts Cyber Insurance Program for Speedy Policy Estimates
World

Amazon Debuts Cyber Insurance Program for Speedy Policy Estimates

Nov. 29, 2023 7:00 am ET|WSJ ProAmazon.com’s AWS cloud unit debuted Wednesday a program designed to cut the time to acquire cyber insurance from weeks to days, via partnerships with brokers and insurers.Through AWS’s Cyber Insurance Competency program, customers can allow brokers access to data from their Security Hub console. This gives potential insurers a list of controls enabled on a particular account, information on vulnerabilities and other details that allow carriers to quickly evaluate applications against AWS’s standards for security best practices and their own underwriting standards, and provide policy quotes.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
TikTok’s Owner Wanted to Create a Hit Videogame. It Failed.
Technology

TikTok’s Owner Wanted to Create a Hit Videogame. It Failed.

SINGAPORE—TikTok’s Chinese parent ByteDance has bet billions on videogames since 2019, setting up its own creative unit and acquiring buzzy game makers. Now it is winding down those efforts, its latest pullback from experimental forays into education, property brokering and virtual reality as it faces regulatory and economic headwinds at home and abroad.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8