Technology

Chinese tech funds struggle to meet profit targets

Beijing-backed tech funds with nearly $ 900 billion under management are struggling to meet their profit targets, according to executives who say their capital is tied up in companies that can’t launch initial public offerings and don’t. are not attractive to investors. “The traditional exit strategies of private equity funds …

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NxGen Brands Signs Letter of Intent (LOI) to Acquire HealthCard, a Patent Pending Patent Pending Patient-Centered Universal Health Registration and Payment Card

FORT LAUDERDALE, Florida, June 8, 2021 / PRNewswire / – NxGen Brands Inc. (OTC: NXGB) (“NXGB” or the “Company”), is pleased to announce that it has signed a Letter of Intent to acquire a technology company, which has a pending patent application in the United States for a patient-centered health …

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Cognizant Technology: Aker Solutions Expands Relationship with Cognizant to Modernize IT Systems and Accelerate Transition to Renewable Energy

TEANECK, New Jersey, June 7, 2021 / PRNewswire / – Competent (Nasdaq: CTSH) today announced that it has expanded its relationship with global engineering firm Aker Solutions to modernize and simplify its entire IT infrastructure, including its enterprise technology network and the maintenance and development of ‘applications. Aker Solutions helps …

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China’s crackdown on technology is widespread

[TAIPEI]One thing came to light during a recent campaign against Chinese tech companies. Jack Ma’s business is not the only thing regulated. What started as a government crackdown on anti-competitive behavior against China’s internet giants is a larger effort to eliminate the functioning of the rapidly growing and until recently …

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Deerfield Healthcare Technology Acquisitions Corp. Announces Shareholder Approval of Business Combination with CareMax

NEW YORK & MIAMI – (COMMERCIAL THREAD) –Deerfield Healthcare Technology Acquisitions Corp. (“DFHT”) (NASDAQ: DFHT; DFHTW; DFHTU), a special purpose acquisition company sponsored by a subsidiary of Deerfield Management Company, LP (“Deerfield”) and Richard Barasch, an executive and senior investor in a public health care company, today announced that shareholders …

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