Monthly Archives: July 2022

India receives $18 billion bids for 5G auction, expects rollout in September

India received bids worth $18 billion on the first day of an auction for the 5G airwaves from tycoons including Mukesh Ambani and Gautam Adani as the race begins for faster data in the world’s second largest internet market. Telecom Minister Ashwini Vaishnaw told reporters on Tuesday evening that bids went “far beyond our expectations”…

US and European comms platform Infobip acquires VoIP provider Peerless Network for $200M

Infobip, a cloud communications startup which – like Twillio – handles things like SMS, email, voice and WhatsApp messenger for customer engagement, has completed its acquisition of VoIP provider Peerless Network. Although the deal was announced last November, TechCrunch can exclusively reveal that it was worth north of $200 million. Last year info big raised…

Netflix gives ‘The Gray Man’ its own universe with a confirmed sequel and spin-off

Netflix will be giving its spy thriller “The Gray Man” its own universe. The film was just released on the platform last week and is already a global hit, garnering broadly positive reviews. Seemingly inspired by “John Wick,” the action movie starring Ryan Gosling and Chris Evans will get its very own sequel and spin-off…

Shopify sinks 17% on plan to lay off workers as the CEO admits to ‘wrong’ call about sustainable pandemic-driven growth of online shopping

Shopify CEO and founder Tobi Lütke. Lucas Jackson/Reuters; Shopify; IStock Photo; Vicky Leta/Insider Shopify shares sank 17% on Tuesday as the company announced layoffs at the e-commerce platform.  The pandemic fueled growth in the e-commerce space, and the company anticipated such strength to continue.  “Ultimately, placing this bet was my call to make and I…

Net present value: One way to determine the viability of an investment

Net present value provides a way for both investors and companies to compare potential investments or projects in today’s dollars. Alyssa Powell/Insider Net present value (NPV) is an economic measure that adds all potential outflows and inflows of an investment in today’s dollars.A positive NPV means the investment is worthwhile; an NPV of 0 indicates…

3 ways to stop overthinking at work and start making decisions faster

Overanalyzing can hold you back from doing your best work. PeopleImages/Getty Images Executive coach Melody Wilding helps high-achievers overcome overthinking. She suggests finding the happy medium of satisfying and sufficing: “satisficing.” Create positive constraints and lean on your intuition. Stop overanalyzing at work. It’s holding you back. Let’s talk about how to spot overanalyzing and…

Payment for order flow is compensation online brokers receive when third parties execute orders for them — here’s how it affects you

Some brokerages earn PFOF by selling client orders to high frequency trading (HFT) firms for trade execution. SDI Productions/Getty Images Payment for order flow (PFOF) is the compensation online brokerages earn when third parties execute their orders. PFOF may impact an investor’s final per-share cost. Though PFOF can affect costs, it doesn’t jeopardize your transactions…