Month: April 2020

Atos to Deliver Next Generation Cloud Services to the State of Texas

Malinda B. Edwards 5 months ago

Irving, Texas, April 28, 2020

Atos North The us was not long ago awarded a multi-calendar year deal with the Condition of Texas’ Division of Facts Assets (DIR) to deliver future technology personal cloud transformation and artificial intelligence and device learning abilities. This modernization will automate processes, develop efficiencies, free-up sources and enhance provider shipping and delivery quality for the state’s agencies and people.

The Texas Personal Cloud will give server computing, knowledge center amenities and knowledge center network administration solutions for DIR’s federal government buyers. Atos’ shipping and delivery of infrastructure solutions for servers, networks and knowledge center functions

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HSBC Sets Aside $3B for Virus Loan Losses

Malinda B. Edwards 5 months ago

HSBC, Europe’s largest bank, said Tuesday it had increased loan loss provisions by more than 400% as it anticipates “severe recession events” due to the coronavirus pandemic.

The increase in HSBC’s expected credit losses (ECL) for the first quarter to $3 billion from $600 million — its highest quarterly level in nine years — contributed to profit before tax tumbling 48% to $3.23 billion. Revenue dropped 5% to $13.7 billion.

Analysts had expected a profit of $3.67 billion.

HSBC said the economic impact of the COVID-19 pandemic on its customers “has been the main driver of the change in our

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SEC Accuses Praxsyn of Virus-Related Fraud

Malinda B. Edwards 5 months ago

The U.S. Securities and Trade Commission has brought its first coronavirus-similar fraud case, alleging Florida wellbeing-treatment corporation Praxsyn designed “blatantly false” promises that it experienced secured a provide of N95 masks.

Praxsyn’s share value doubled following it issued a push launch on Feb. 27 boasting it was negotiating to invest in millions of masks meeting N95 requirements. On March 4, it claimed in an additional launch that it experienced a massive quantity of N95 masks on hand and experienced made a “direct pipeline from suppliers and suppliers to buyers” of the masks.

“Both push releases had been blatantly phony,” the

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Cheap USA Dedicated Server – Best Way To Improve Their Business

Malinda B. Edwards 5 months ago


If you expect a lot of traffic on your website, you have to choose an expensive dedicated server. If you’re not sure if you have so much traffic, you don’t have to choose a server that is so fast. Instead, look for a cheapest one. You can choose an affordable Intel Pentium 4 processor with a speed of 3 GHz and up to 16 GB of RAM with a hard drive capacity of 40 gigabytes. This is a cheap dedicated server hosting that only costs you around $59 per month. If your server cannot meet the requirements, you can upgrade. … Read More

AICPA Calls for Federal Loans Backed by Accounts Receivables

Malinda B. Edwards 5 months ago

The American Institute of CPAs (AICPA) has referred to as for the Treasury Division and the Federal Reserve to build a federally backed short-term accounts receivable lending facility that would allow for businesses to deal with the money move shortfalls introduced on by the coronavirus disaster.

In an open up letter to Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell, AICPA said firms ended up enduring “significant sluggish-downs” in payments and the “extraordinary” economic situations have made businesses hesitant to consider on usual possibility.

“The AICPA has noticed a continuing will need for short-term liquidity in the market.

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