Bloomreach raises $150M on $900M valuation and acquires Exponea
Bloomreach, an API company that helps eCommerce customers with search and web site creation, announced a $150 million investment today from Sixth Street Growth. Today’s funding values the company at $900 million. At the same time, the company a.....»»
Apple Glasgow union reaches agreement with Apple for pay raises
Apple's first unionized store in the UK has reached a pay agreement with the tech giant, winning minimum increases and compensation for all staff members.Apple GlasgowIn November, staff at Apple Glasgow voted overwhelmingly in favor of having UK trad.....»»
Apple shares slide after China government iPhone ban reports
The technology giant's stock market valuation has fallen by almost $200bn in the last two days......»»
Unlocking the secrets of tech valuation through mergers and acquisitions
A recent collaborative study conducted by accounting and finance scholars highlights the pivotal role played by the M&A (Mergers and Acquisitions) market in assessing the worth of technological assets......»»
Apple acquires 50-year-old ‘leading record label’ to bolster Apple Music Classical
Following the launch of Apple Music Classical earlier this year, Apple is once again expanding its footprint in the classical music industry. This time, the company has acquired BIS Records, a record label founded in 1973 and focused on early and con.....»»
Apple Music acquires famed classical label BIS
Fifty-year-old classical music company BIS Records has been bought by Apple Music, expanding the availability of its catalog and continuing to search for new talent.Apple Music ClassicalApple Music Classical was borne of Apple acquiring streaming ser.....»»
UAW talks degrade as deadline nears
UAW President Shawn Fain said Ford's offer of raises and improved benefits 'fails to meet our needs,' and the union filed charges of unfair labor practices against GM and Stellantis......»»
EV battery supplier Redwood Materials raises more than $1 billion to expand U.S. operations
The supplier founded by Tesla board member JB Straubel in February received a conditional commitment for a $2 billion U.S. loan to build a $3.5-billion recycling and re-manufacturing complex in Nevada......»»
Musk’s Plan to Remove Block Feature on X Raises Concerns About Harassment
Users and advocates have raised concerns about what removing the "block" feature could mean for targets of harassment. In 2018, Rachel Cullen began receiving new followers to her account on X, the platform formerly known as Twitter......»»
Global COVID monitoring is crashing as BA.2.86 variant raises alarm
"This is on the shoulders of governments right now." Enlarge / WHO's COVID-19 technical lead, Maria Van Kerkhove, looks on during a press conference at the World Health Organization's headquarters in Geneva, on December 14, 2022......»»
Excel gets containerized, cloud-based Python analytics and visualization powers
Visualization and analytics tools available in preview, but may be paywalled. Enlarge / If this kind of thing raises your eyebrows, there's a whole lot more inside a ribbon bar for you. (credit: Anaconda) If you’re dec.....»»
Grip Security raises $41 million to accelerate growth and extend its market
Grip Security is raising $41 million in Series B funding led by Third Point Ventures, with participation from YL Ventures, Intel Capital and The Syndicate Group. The investment would bring Grip Security’s total funding to $66 million and marks a ma.....»»
EV battery producer Northvolt raises $1.2 billion in latest funding round for factory build out
Leading the round alongside BlackRock were the Canada Pension Plan, Ontario Municipal Employees Retirement System and, as previously reported, pension investor Investment Management Corp. of Ontario......»»
Treehouse home EV charging startup raises $10 million
The company's value proposition is making the installation process less cumbersome. Users can sign up for the installation, compare prices of different charging rigs and maximize consumer rebates and incentives on Treehouse's website......»»
VinFast"s $85 billion market valuation pushes it past Ford, GM
VinFast's eye-popping valuation makes the company worth more than established automakers but the surge may fizzle out when the social media buzz subsides......»»
Scientists reveal how proteins drive growth of multiple cancer types
Scientists have completed a deep analysis of the proteins driving cancer across multiple tumor types, information that can't be assessed by genome sequencing alone. Understanding how proteins operate in cancer cells raises the prospect of new therapi.....»»
Rockstar Games acquires modding team that it previously banned
If you can't beat 'em, buy 'em. Enlarge / Artist's rendering of FiveM operating free and clear as part of Rockstar after years of Rockstar claiming it was "facilitating piracy." (credit: FiveM) Longtime readers might rem.....»»
EPA decision in Alabama raises questions about Georgia Power"s coal ash
Like many other utilities, Georgia Power's days of burning coal for electricity are dwindling......»»
A new Grand Theft Auto V mod features a cast of AI-voiced NPCs
A new Grand Theft Auto V mod from Bloc, Inworld, and ElevenLabs adds NPCs with AI-generated voices, but the data used to create them raises questions......»»
Neuralink, Elon Musk"s brain implant startup, raises $280 million
Elon Musk's biotechnology startup Neuralink raised $280 million in a fundraising round, the company announced on Monday via X, the Musk-owned social media platform formerly known as Twitter......»»
Apple"s valuation will fall to less than $3 trillion for the worst reasons
If the current stock price holds until opening, and it is likely to, Apple will fall below the $3 trillion valuation after reaching it in the last hours of June, because more than half of the firms giving advice to investors don't know enough about t.....»»