If Altice corruption allegations are true, I feel ‘betrayed’

Patrick Drahi, the billionaire founder and controlling shareholder of Altice International, publicly addressed the corruption allegations that have recently surfaced involving the company’s Portuguese operations. Speaking during a Q2 2023 call for debt investors, Drahi expressed shock and disappointment over the allegations and stated that if proven true, he feels “betrayed and deceived.” The corruption…

Laptops vs. Routers for Mission-Critical Vehicle Connectivity

4G/5G enabled laptops and dedicated in-vehicle routers can be used by first responders, utilities, transit authorities and other mission-critical organizations to keep their field teams connected. This connectivity helps improve operational efficiency, organizational transparency and safety for workers and the public. Connected laptops offer increased flexibility compared to a router as they can be used…

Wall Street Banks Fined $549M for Using WhatsApp ‘Off-Channel’

Several Wall Street banks were hit with substantial fines by two regulatory agencies on Tuesday for utilizing “off-channel” messaging services and failing to properly preserve the communications wherein deals, trades, and other business were discussed. The Securities and Exchange Commission (SEC) is imposing fines totaling $289 million across nine firms, while the Commodity Futures Trading…

WeWork goes from a $47B valuation to ‘substantial doubts’ about its ‘ability to continue as a going concern’

WeWork is struggling to survive in a post-pandemic world. In announcing its earnings today, the flexible space provider said that “substantial doubt exists about the company’s ability to continue as a going concern.” WeWork has faced a number of challenges for years now, and with so many companies abandoning office space and more people being…

WeWork goes from a $47B valuation to ‘substantial doubts’ about its ‘ability to continue as a going concern’

WeWork is struggling to survive in a post-pandemic world. In announcing its earnings today, the flexible space provider said that “substantial doubt exists about the company’s ability to continue as a going concern.” WeWork has faced a number of challenges for years now, and with so many companies abandoning office space and more people being…