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Exclusive: Apollo readies IPO of cloud company Rackspace - sources
Private equity firm Apollo Global Management Inc has registered Rackspace Holding Inc for an initial public offering (IPO) that could value the cloud services firm at more than $10 billion, including debt, people familiar with the matter said.
Categories: Technology
FDA cautions slower drug review activity due to reallocation of staff to COVID-19
The U.S. Food & Drug Administration cautioned on Thursday that with a lot of its staff allocated to the coronavirus crisis, it may not be able to sustain its current level of timely reviews and approvals of marketing applications.
Categories: Health
Britons make a noise for their health workers with weekly applause
Britons applauded health workers from their front doors and windows again on Thursday in what has become a weekly moment of cacophony and solidarity during the coronavirus lockdown.
Categories: Health
Nvidia gets China's go-ahead for $6.9 billion Mellanox deal
U.S. chip supplier Nvidia Corp said on Thursday Chinese authorities had approved its $6.9 billion acquisition of Israeli chip designer Mellanox Technologies Ltd, overcoming the last obstacle for the deal announced over a year earlier.
Categories: Technology
Apple, Google weigh location tracking rules as EU seeks privacy-based virus apps
Apps to help contain the spread of the novel coronavirus should not collect user location data, the European Commission said on Thursday, as Apple Inc and Google weighed whether to work with virus apps that use location tracking.
Categories: Technology
EU says coronavirus tracking apps should avoid storing data on servers
Mobile apps to track coronavirus cases in Europe should keep as much data as possible on the user's device rather than in a central server to best maintain individual privacy, an EU document says.
Categories: Technology
Starboard ends proxy fight at eBay, withdraws director nominations
Activist investor Starboard on Thursday ended its proxy fight at eBay by withdrawing its four director nominees four days after the ecommerce company named a new chief executive.
Categories: Technology
FCC chairman wants to greenlight Ligado U.S.-wide network
Federal Communications Commission Chairman Ajit Pai on Thursday circulated a draft order asking the five-member panel to approve Ligado Networks' request to deploy a low-power nationwide network to support next-generation 5G wireless despite Defense Department objections.
Categories: Technology
Czechs on alert over hospital cyberattacks
The Czech Republic's cyber-security watchdog warned of possible cyberattacks on hospitals on Thursday as the central European country's health ministry said it had already thwarted some smaller-scale hack attempts.
Categories: Technology
Google's fast-growing Meet video tool getting Zoom-like layout, Gmail link
Google will allow business and education users on Gmail.com to directly take calls on its video conferencing tool Meet starting Thursday, a new feature being offered as the Alphabet Inc unit seeks to capitalize on security and other concerns with rival services.
Categories: Technology
Apple to reopen its sole branded store in South Korea on April 18
Apple Inc said on Thursday it would reopen its sole retail store in South Korea on April 18, marking it the first site to return to business after it closed all stores outside Greater China last month due to the coronavirus outbreak.
Categories: Technology
Nokia shares surge on report of takeover bid
Nokia declined to comment on Thursday on a media report saying it was working with an investment bank to defend itself from a hostile takeover, news which sent its shares sharply higher.
Categories: Technology
India says Zoom 'not a safe platform' for video conferencing
India said on Thursday videoconferencing software Zoom is "not a safe platform", joining other countries that have expressed concern about the security of an application that has become hugely popular worldwide during the coronavirus lockdown.
Categories: Technology
Spain considers summer school for quarantined children, coronavirus deaths rise
Spain reported another substantial increase in daily deaths from COVID-19 on Thursday, taking the overall toll to more than 19,000, but figures from the region of Catalonia suggest the true total could be several thousand higher.
Categories: Health
No end in sight yet for Amazon shutdown in France
Amazon has no clarity yet on when its warehouses in France might reopen, the head of its French business said on Thursday, after the e-commerce giant clashed with unions over the measures taken to limit the risks of coronavirus contagion.
Categories: Technology
Italy's coronavirus death toll rises by 525, new cases push higher
Deaths from the COVID-19 epidemic in Italy increased by 525 on Thursday, down from 578 the day before, but the number of new cases accelerated sharply to 3,786 from a previous 2,667.
Categories: Health
Exclusive: Bayer's chloroquine donation to U.S. raises concern about FDA standards in pandemic
On March 21, two days after President Donald Trump first touted chloroquine drugs as a “gamechanger” in the fight against COVID-19, administration officials privately described what they felt was a “win” in the president’s efforts to build an emergency stockpile of the drugs: a hefty donation of pills from Bayer AG.
Categories: Health
UK extends lockdown measures for at least 3 more weeks
Britain extended its nationwide lockdown for at least another 3 weeks on Thursday, as stand-in leader Dominic Raab ordered Britons to stay at home to prevent the spread of a coronavirus outbreak which has already claimed over 138,000 lives globally.
Categories: Health
Mass COVID-19 testing underway at stricken Belgian care homes
Belgium has begun testing more than 210,000 residents and staff at nursing homes, which now account for about half of the coronavirus-related deaths in the country.
Categories: Health
Singapore reports 728 new virus cases in biggest daily jump, total 4,427
Singapore's health ministry confirmed 728 new coronavirus infections on Thursday, a new daily record, taking the total in the city-state to 4,427.
Categories: Health