Salesforce Buys Data Protection Firm Own Co. in $1.9 Billion Deal
Salesforce has made a significant move into the data protection space by acquiring Own Co., a New Jersey-based provider of data...
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- 7 days ago
Verizon Acquires Frontier Communications for $20 Billion in Fiber Push
Verizon acquires Frontier Communications for $20 billion in a major telecom merger to strengthen its fiber business. The deal adds...
- Sep 2
Apple, Nvidia, Microsoft May Join Major OpenAI Funding Round
Apple, Nvidia, and Microsoft—the three most valuable companies globally by market capitalization—are reportedly discussing joining a...
- Sep 2
Intel Reconsiders U.S. Manufacturing Expansion After Financial Struggles
Intel's ambitious plans to bolster U.S. chip manufacturing, backed by significant federal support through the CHIPS Act, are now under...
- Aug 29
Cribl Raises $319 Million, Valued at $3.5 Billion for Data Infrastructure Solutions
Cribl, a San Francisco-based startup specializing in data infrastructure, has secured $319 million in Series E funding, raising its...
- Aug 21
Meta’s Ad Revenue Breaks Records, Powered by AI
Meta shattered revenue records in 2024, with each employee generating over $1 million in revenue during the year's first half. This...
- Aug 19
Ransomware Set for Record Profits in 2024 as Payments Surge
Ransomware is on track to have its most profitable year in 2024, as cybercriminals continue to target higher-value companies more likely...
- Aug 8
Anduril Valued at $14 Billion, Plans Autonomous Weapons Factories
Defence technology company Anduril Industries has raised $1.5 billion in venture capital funding, bringing its valuation to $14 billion....
- Aug 6
AI Chip Startup Groq Raises $640 Million in BlackRock-Led Round
Groq, a startup specializing in AI-focused chips, has raised $640 million in Series D funding at a valuation of $2.8 billion. The funding...
- Aug 2
Intel Announces Major Job Cuts, Halts Dividend Amid Financial Struggles
Intel has announced plans to reduce its workforce by more than 15%. The company is grappling with intense competition from rivals like...
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