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Tech News
/ 2 weeks agoActivist investor Elliott takes $1 billion stake in Pinterest
Pinterest said on Tuesday activist investing firm Elliott Investment Management is investing $1 billion in the company.Read More
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Tech News
/ 2 weeks agoVersant announces $1 billion buyback plan after Comcast spin-off
Versant Media on Tuesday unveiled a $1 billion share buyback plan and reported a decline in annual revenue in the company’s...
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Tech News
/ 2 weeks agoBuyback plans aren’t enough to soothe investors after software-sector rout
U.S. software companies have stepped up their stock buyback plans during a months-long rout. Investors and strategists are skeptical that it...
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Tech News
/ 2 weeks agoStablecoin use could weaken ECB’s hand, hamper lenders, ECB paper finds
The spread of stablecoins in the euro zone could weaken the effectiveness of monetary policy, siphon deposits away from banks and...
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Tech News
/ 2 weeks agoChina’s WeRide suspends robotaxi fleet in Dubai as Iran conflict widens
Chinese autonomous driving firm WeRide has suspended its robotaxi fleet in Dubai as the escalating U.S.-Israel conflict with Iran roiled key...
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Tech News
/ 2 weeks agoThoma Bravo nears deal for WWEX to create $12 billion shipping tech firm, Bloomberg News reports
U.S. private equity firm Thoma Bravo is in advanced talks to buy third-party logistics provider WWEX Group to create a shipping...
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Tech News
/ 2 weeks agoOpenAI amending deal with Pentagon, CEO Altman says
OpenAI Chief Executive Sam Altman said on Monday that the ChatGPT-maker is working with the U.S. Department of Defense to make...
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Tech News
/ 2 weeks agoAmazon’s cloud unit says drone strikes damaged UAE and Bahrain facilities
Amazon’s cloud unit AWS said on Monday its facilities in the UAE and Bahrain were impacted by drone strikes amid the...
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Tech News
/ 2 weeks agoAmazon data center unit acquires George Washington University Virginia campus
Amazon unit Amazon Data Services is acquiring George Washington University’s Virginia Science and Technology campus for $427 million, the university said...
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Tech News
/ 2 weeks agoPayPay, backer aim to raise roughly $1.1 billion in US IPO
PayPay and a selling shareholder are aiming to raise as much as $1.1 billion in an initial public offering in the...



