• The world's largest maker of bitcoin mining chips is reportedly hoping to raise $18 billion in what could be one of the largest IPOs in history

    2 monthes ago - By Business Insider

    Cryptocurrency mining chip maker Bitmain hopes to raise $18 billion for an IPO in the coming months, according to documents obtained by CoinDesk.
    If the company raised $18 billion at a market capitalization of $40 to $50 billion, that could make it the largest IPO in history.
    In June, Bloomberg reported that Bitmain was planning to go public to further its pursuits in producing hardware for artificial intelligence technology.
    The world's largest producer of cryptocurrency mining chips, Bitmain, is planning to file for an initial public offering in September, according to documents obtained...
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  • Report: Mid-sized businesses lose more to cybercrime than large or small ones

    Report: Mid-sized businesses lose more to cybercrime than large or small ones

    2 monthes ago - By The Next Web

    A new report on cybercrime shows mid-market companies - 500 to 999 employees - experience greater losses than smaller or larger ones. The report, published by the internet security company Malwarebytes and the market research firm Osterman Research, was based on a survey of 900 security pros - 200 of which worked in the US, with 175 each in the UK, Germany, Australia, and Singapore. Each of the surveyed professionals belonged to an organization that had between 200 and 1000 employees. According to the report, an organization of 2,500 employees spends up to $1.9 million on security. This...
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