Tuesday, November 30, 2021

Brazil's Nubank said to weigh a reduction in IPO valuation

Nubank had earlier this month said it aimed to raise nearly $3 billion at a valuation of more than $50 billion. That’s $12 billion more than the market cap of Brazil’s largest bank Unibanco Holding SA.

from Tech-Economic Times https://ift.tt/3E6vcFC

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Poor data sharing undermining EU cyber defences, auditors say

The 27-nation bloc was investing more and more in cybersecurity - with €1.4 billion ($1.61 billion) in its current budget - and improving co...