Tech

02 Sep

Klarna aims to raise up to $1.27 billion in U.S. IPO

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Klarna aims to raise up to $1.27 billion in U.S. IPO Swedish fintech firm Klarna is looking to raise up to $1.27 billion in its long-awaited U.S. initial public offering . Klarna plans to offer 34,311,274 ordinary shares priced between $35 and $37 each . The offering will value the company at $14 billion, according to CNBC calculations . Read full story: Source
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02 Sep

McDonald’s to expand value menu as CEO says the chain aims to reach more customers

MediaCatalystHealth,
McDonald's to expand value menu as CEO says the chain aims to reach more customers McDonald's is bringing back its Extra Value Meals, which were last promoted before the Covid-19 pandemic . Customers will save 15% on the combo meals compared with buying the entree, fries and a drink separately . Traffic to fast-food chains has been shrinking, fueled by a pullback in spending by low-income consumers . Read full story: Source
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02 Sep

Microsoft offers U.S. government over $6 billion in savings on cloud services over 3 years

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Microsoft offers U.S. government over $6 billion in savings on cloud services over 3 years Microsoft agrees to give the U.S. General Services Administration $3.1 billion in potential savings over the course of a year on cloud services used at government agencies . The lower prices will be available for three years, resulting in total savings of over $6 billion, Microsoft said . The discounts apply to Microsoft's Office productivity subscriptions, as well as Azure cloud infrastructure, Dynamics 365 business applications and Sentinel cybersecurity software . Read full story: Source
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02 Sep

Gender-row Olympic boxer Lin won’t compete at world championships

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Gender-row Olympic boxer Lin won’t compete at world championships Olympic boxing champion Lin Yu-ting will not compete at the world championships starting this week . World Boxing said last month that women wanting to compete at championships in Liverpool would have to undergo mandatory gender testing . Lin and Algerian boxer Imane Khelif were at the centre of a major gender dispute at the 2024 Paris Olympics . Read full story: Source
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02 Sep

‘I felt helpless’: Ethiopian doctors held, harassed for seeking better pay

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‘I felt helpless’: Ethiopian doctors held, harassed for seeking better pay Among the lowest-paid medics in East Africa, Ethiopia’s doctors face state crackdown in strike for better working conditions. In a hospital in Ethiopia’s capital, Addis Ababa, in mid-May, Tewodros* was at work treating patients when two police officers barged into the emergency room. Earlier that same month, the doctor had participated in a public sector health workers’ strike, protesting poor working conditions and low pay. The government had immediately declared the strike illegal, setting the stage for a tense standoff with the country’s health professionals. The emergency room where…
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02 Sep

Why is France’s government on the brink of collapse, again?

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Why is France’s government on the brink of collapse, again? Prime Minister Francois Bayrou faces an uphill battle in securing support for his unpopular plans to shore up France’s finances. French Prime Minister Francois Bayrou last week called for parliament to hold an earlier-than-expected vote of confidence in him. Next week’s ballot could lead to the collapse of his centrist government and prompt a period of further instability in the European Union’s second biggest economy. The vote on Monday in the National Assembly, the lower house of parliament, will see Bayrou not only try to secure approval for himself and…
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02 Sep

What we know about Sudan’s deadly landslide

MediaCatalystTech
What we know about Sudan’s deadly landslide A landslide in Sudan’s western Darfur flattened the mountain village of Tarasin, with as many as 1,000 feared dead . Triggered by days of heavy rain in the Marrah Mountains, only one person is believed to have survived . Read full story: Source
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