Thursday, April 25, 2024

Meta loses almost US$200 billion in market value in 24 hours due to forecasts of lower income and higher expenses

Marck Zuckerberg, CEO of big tech, asked Wall Street for "patience" so that it does not abandon its actions, although he reaffirmed that the firm will continue with its advanced technological initiatives that consume a lot of Capex, in a turnaround from the 2023 decision to limit those expenses.

The income flow and capital expenditure forecasts contained in Meta Platforms' financial report for the first quarter of 2024 generated a collapse in the value of the big tech shares.

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República Dominicana · Politics16/05/2024

Three candidates are in contention to run for the Presidency this Sunday

It's about the current president, Luis Abinader, who is running for reelection and leads the polls to the point that he could win in the first round; followed by former president Leonel Fernández and former congressman Abel Martínez. ICT issues were not campaign focal points despite existing digital divides.

América Latina · Software and Applications · Data Center15/05/2024

It's time to make room for hyperscale

These providers are exploring local capacity alternatives in third-party facilities. One option is the data centers of telecom companies. For instance, Cirion, which plans to invest US$300 million in Latin America this year to strengthen its presence in the region in light of these requirements.

Costa Rica · Regulation · Politics14/05/2024

The geopolitics behind Costa Rica's National Cybersecurity Strategy

After a cyberattack in April 2022, the Central American country issued its National Cybersecurity Strategy, relaunched its CSIRT and excluded Chinese providers from the 5G tender.

Argentina · Regulation · Politics13/05/2024

The first cleaning of the intervened Enacom went straight to the ANRs

The focus was on the Non-Reimbursable Contributions not yet executed and also on the decisions of the last Enacom board meeting under the previous administration, which resulted in the approval of more than 350 files.

América Latina · Operators10/05/2024

Millicom improves revenues thanks to coin game

Year-on-year improvement in its revenue in the first quarter of 2024 was 8.6%, of which 5 percentage points were due to the strength of the currencies of Colombia and Costa Rica. Good organic performance was observed in Colombia, Panama and Guatemala. Mobile subscriptions rose to 7.34 million.

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