Databricks Raises Record-Breaking $10 Billion in Funding, Delays IPO Plans
Databricks CEO Ali Ghodsi explains why the company is waiting until at least 2025 to go public, despite raising a staggering $10 billion in fresh capital.
Sophia Steele
Mauritius has taken the drastic measure of blocking access to social media platforms until November 11, a day after the country's general election. The decision, made by the country's communications regulator, is aimed at protecting national security and the country's integrity amidst a wiretapping scandal that has shaken the nation.
The scandal, which involves leaked conversations of politicians, police, lawyers, and journalists, has sparked widespread outrage and prompted the government to take action. The leaked conversations, which have been circulating on social media, have been deemed "illegal postings" by the authorities.
Civil society groups, including the Internet Governance Forum and the Internet Society, have strongly opposed the shutdown, arguing that it will stifle democratic processes and harm the economy. The groups claim that blocking digital access will disrupt businesses, limit access to essential information and services, and have far-reaching consequences.
The move is part of a growing trend of internet shutdowns in Africa, particularly during times of political tension and elections. According to estimates, large-scale internet shutdowns surrounding elections have cost an estimated $358.3 million across the continent.
The implications of this move are significant for the tech and startup community, highlighting the importance of digital freedom and the need for governments to balance national security concerns with the need to protect democratic processes and economic growth.
Databricks CEO Ali Ghodsi explains why the company is waiting until at least 2025 to go public, despite raising a staggering $10 billion in fresh capital.
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