The company is facing several risks that could impact its ability to continue as a going concern, including restrictions on selling Class A common stock, potential delisting from the Nasdaq Capital Market, and high customer concentration. The company's failure to detect advertising fraud and manage growth effectively also pose significant challenges. Additionally, the industry's technology and practices are under scrutiny due to concerns over data privacy and security, while intense competition in the digital advertising industry threatens its ability to compete.
https://www.prnewswire.com/news-releases/direct-digital-holdings-reports-q4--full-year-2024-financial-results-302413599.htmlHanin Marwah, an editor, warns that Indonesia's proposed Police Bill could grant excessive authority to the state, potentially strengthening its repressive control. The bill is set to be protested today in Bali by BEM SI (Bali Student Ambassadors Movement), who demand its repeal and reject the police bill.
https://en.tempo.co/read/1991304/police-deploy-water-cannons-as-tni-law-repeal-protest-heats-upIndonesia's legislator Habiburokhman announced that discussions on the Bill on the Criminal Procedure Code (RUU KUHAP) with the government will take place in Commission III of the House of Representatives, following a presidential letter to House leaders. The discussion is expected to begin at the start of the next session and has been coordinated with Deputy Speaker Sufmi Dasco Ahmad.
https://en.antaranews.com/news/350017/criminal-procedure-code-bill-set-for-discussion-in-dpr-commission-iii?utm_source=antaranews&utm_medium=desktop&utm_campaign=popular_rightIntel's board will shrink to 11 members after three board members, including former Medtronic CEO Omar Ishrak and University of California, Berkeley professor Tsu-Jae King Liu, announced they won't seek reelection. The company has been reshuffling its board to focus on the chip industry under new CEO Lip-Bu Tan. Tan's appointment comes after the ouster of Pat Gelsinger, who had a total severance payment of $7.9 million and forfeited unvested equity awards.
https://www.thestar.com.my/tech/tech-news/2025/03/27/three-intel-board-members-to-retire-in-latest-shakeup-amid-turnaroundIntel's board will shrink to 11 members after three board members, including former Medtronic CEO Omar Ishrak, University of California, Berkeley Dean Tsu-Jae King Liu, and University of Pennsylvania Professor Risa Lavizzo-Mourey, announced they would not seek reelection. The company has been reshuffling its board to focus on the chip industry under new CEO Lip-Bu Tan, who also appointed Eric Meurice, former ASML CEO, and Steve Sanghi, Microchip Technology interim CEO, to bolster the board.
https://channelnewsasia.com/business/three-intel-board-members-retire-latest-shakeup-amid-turnaround-5028331US President Donald Trump and his top adviser Elon Musk's Department of Government Efficiency have been involved in a mass firing of probationary federal workers as part of efforts to drastically shrink the federal workforce. The Treasury Department, Agriculture, Veterans Affairs, and Interior Department fired thousands of employees, with some agencies terminating more than 7,600 people. The firings sparked protests across the US, with workers cutting back on basic necessities like groceries and pet care. A judge, Alsup, ruled that OPM's mass firings were a 'sham' and ordered reinstatement of 25,000 probationary workers at 18 agencies in Maryland, citing concerns over unemployment claims and social services.
https://www.dailymail.co.uk/news/article-14541771/Trump-slash-federal-workforce-tatters-appellate-court.htmlKyndryl is partnering with Google Cloud to offer a Mainframe Modernization with Gen AI Accelerator Program. The program helps customers start their modernization journey without upfront commitments, providing a clear understanding of how to integrate or modernize applications and data faster and with tangible ROI. Petra Goude, Global Practice Leader for Core Enterprise & zCloud at Kyndryl, stated that Google Cloud delivers the scalability and cutting-edge AI-driven capabilities needed to power and transform modern businesses. The program combines Kyndryl's data democratization capabilities with Google Cloud's Mainframe Connector solution, enabling customers to unlock their mainframe data in new ways, such as bringing it into BigQuery analytics platform, building dynamic reports and dashboards, and training AI models for predictive and generative AI solutions.
https://www.prnewswire.com/news-releases/kyndryl-expands-partnership-with-google-cloud-to-accelerate-mainframe-modernization-for-customers-with-generative-ai-302412348.htmlStreamElements, a cloud-based platform for livestreamers, has been targeted by a threat actor who compromised an employee with an infostealer, allowing them to access sensitive data from 2020 to 2024. The breach includes names, email addresses, and phone numbers, which can be used for identity theft or custom-built phishing campaigns. In response, StreamElements is warning its customers about receiving fake "data breach" emails sent by scammers using the compromised breach as bait.
https://www.techradar.com/pro/security/cloud-streaming-hoster-streamelements-confirms-data-breach-following-attackA cyber attack has compromised the personal details of thousands of people in New South Wales, prompting investigators to try and establish the full extent of the breach. Anyone who thinks their information may have been affected is urged to report it through ReportCyber.
https://www.9news.com.au/national/thousands-of-court-files-leaked-nsw-department-communities-and-justice/4b885e18-b3a8-4b0d-9a6e-2f70ca511a1c