Brazilian Gov’t Pushes Sale Of Tech Companies To Late 2022

July 6, 2021

A new timetable released as part of the Brazilian government’s privatization plan says that the sale of Dataprev, social security technology and information company, and Serpo, a federal processing service, has been postponed until the second half of 2022 because of concerns that the sale could jeopardize national sovereignty.

After Dataprev employees raised concerns about the future of the information of millions of citizens after the sale was announced in August 2020, the Brazilian Federal Court of Accounts explained that there were potential risks associated with the sale of the main state-owned IT companies.

For more information, read the original story in ZDNet.

Top Stories

Related Articles

June 11, 2026 Moderators of the popular r/Biohackers subreddit say companies are increasingly using Reddit discussions to influence how AI more...

June 11, 2026 Starlink has started charging a $10 monthly rental fee for customer equipment, marking a significant shift from more...

June 11, 2026 A German court has ruled that Google can be held liable for false statements generated by its more...

June 10, 2026 Amazon has issued C$14 billion ($10.04 billion) in Canadian dollar-denominated notes, setting a new record for the more...

Picture of TND News Desk

TND News Desk

Staff writer for Tech Newsday.
Picture of TND News Desk

TND News Desk

Staff writer for Tech Newsday.

Jim Love

Jim is an author and podcast host with over 40 years in technology.

Share:
Facebook
Twitter
LinkedIn