Anamika Dey, editor Brief news Blackstone and Vista Equity Partners are acquiring Smartsheet for approximately $8.4 billion in cash. Shareholders will receive $56.50 per share, […]
Category: Tech
Microsoft’s GitHub lets clients store critical code in EU solely for data sovereignty
Nandini Roy Choudhury, writer Brief news GitHub is allowing corporate users to restrict software code storage to EU data centers to comply with data privacy […]
Top AI startups are receiving billions from Middle Eastern financiers.
Nandini Roy Choudhury, writer Brief news Middle Eastern sovereign wealth funds, particularly from Saudi Arabia and the UAE, are increasingly investing in Silicon Valley AI […]
How Elon Musk expects his new supercomputers will benefit his organizations
Nandini Roy Choudhury, writer Brief news Elon Musk is developing supercomputers for Tesla and his AI startup, xAI, emphasizing AI’s role in enhancing business operations […]
New EU cyber laws threaten large penalties and bans for companies.
Nandini Roy Choudhury, writer Brief news The EU’s NIS 2 cybersecurity legislation, effective October 17, imposes strict compliance requirements on companies, with significant penalties for […]
SEC claims Musk should be sanctioned for dodging Twitter depositions.
Anamika Dey, editor Brief news The SEC is seeking sanctions against Elon Musk for failing to comply with a court order to participate in a […]
Qualcomm reportedly approached Intel about a merger.
Anamika Dey, editor Brief news Intel is facing financial struggles and has been approached by Qualcomm for a potential acquisition, which could be a significant […]
Indian ed-tech startup Physics Wallah bags despite sector issues, $2.8 billion value
Anamika Dey, editor Brief news Physics Wallah raised $210 million, increasing its valuation to $2.8 billion, to expand operations and enhance accessibility to education for […]
After Fed rate cut, Tesla, Nvidia lead tech-heavy Nasdaq to best day of 2024.
Nandini Roy Choudhury, writer Brief news Following the Federal Reserve’s interest rate cut, technology stocks surged, with the Nasdaq rising 2.5%, driven by significant gains […]
Musk’s X and Starlink face almost $1 million in day fines for suspected ban evasion in Brazil.
Nandini Roy Choudhury, writer Brief news Brazil’s Supreme Court has imposed daily fines of approximately $920,000 on Elon Musk’s X for violating local laws, including […]