Month: September 2021

Sources: ByteDance plans to borrow up to $5B in a syndicated loan to refinance debt and pay for overseas expansion, as an IPO appears unlikely this year (Juro Osawa/The Information)

Juro Osawa / The Information: Sources: ByteDance plans to borrow up to $5B in a syndicated loan to refinance debt and pay for overseas expansion, as an IPO appears unlikely this year  —  TikTok owner ByteDance is in talks with banks to borrow up to $5 billion in a syndicated loan to refinance debt and

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Understanding Azure Virtual Networks

Way back when virtualization was a new thing, virtual networks were simple connections that linked virtual servers and the occasional networking appliance. Now, however, things are different. Building and managing a virtual network is part and parcel of running a virtual infrastructure and is akin to managing a physical network. That’s even more the case

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HBO says HBO Max will launch in Sweden, Denmark, Norway, Finland, Spain, and Andorra on October 26, followed by 14 other European countries in 2022 (Manori Ravindran/Variety)

Manori Ravindran / Variety: HBO says HBO Max will launch in Sweden, Denmark, Norway, Finland, Spain, and Andorra on October 26, followed by 14 other European countries in 2022  —  HBO Max is coming to Europe on Oct. 26, and the first launch markets will be Sweden, Denmark, Norway, Finland, Spain and Andorra, Variety can

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Aviatrix, which provides multi-cloud native networking tools, raises $200M led by TCV at a $2B valuation, up from $700M seven months ago (Sarah McBride/Bloomberg)

Sarah McBride / Bloomberg: Aviatrix, which provides multi-cloud native networking tools, raises $200M led by TCV at a $2B valuation, up from $700M seven months ago  —  Investment shows investors’ enthusiasm for the cloud.  —  The latest unicorn startup is Aviatrix Systems Inc., a cloud networking provider now valued at $2 billion.

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Egyptian microfinance lending and payments service MNT-Halan raises $120M, as investors say it has 4M+ customers in Egypt and disbursed over $1.7B in loans (Patrick Werr/Reuters)

Patrick Werr / Reuters: Egyptian microfinance lending and payments service MNT-Halan raises $120M, as investors say it has 4M+ customers in Egypt and disbursed over $1.7B in loans  —  Three private equity funds and a group of venture capitalists have invested about $120 million in Egyptian microfinance lending …

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Investigation raises fresh concerns over WhatsApp privacy and encryption

A new report highlights the inner workings of WhatsApp’s content reviewal system. The report suggests that despite WhatsApp’s claims that employees cannot read messages, it nonetheless employs contractors to review content. WhatsApp maintains that its employees can only read messages reported to the firm. According to a lengthy new report, WhatsApp‘s privacy-focused claims may not

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