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.....»»
Trace3 acquires Set Solutions to boost cybersecurity capabilities
Trace3’s acquisition of Set Solutions is a continuation of the company’s strategic expansion plan. The investment allows the combined companies to deepen cybersecurity capabilities to drive success for commercial and enterprise clients. Set Solut.....»»
Push Security raises $15 million and launches a host of new features
Push Security has raised $15M in Series A funding. GV (Google Ventures) led the funding with participation from Decibel and notable angels, including Dug Song, former CEO at Duo Security, and Tray.io CEO Rich Waldron. GV General Partner Karim Faris a.....»»
Reynolds acquires Canadian software company focused on digital retailing
Reynolds and Reynolds and DealerCorp Solutions were partners for nearly two years......»»
Wedbush raises Apple stock target to $205 over strong iPhone demand
Wedbush has increased its price target for Apple from $190 to $205, based on seemingly positive checks indicating strong iPhone demand for the quarter.iPhone 14Wedbush has made a number of changes to its stock target for Apple in 2023, starting by cu.....»»
Votiro raises $11.5 million to accelerate global expansion
Votiro has raised $11.5 million in a Series A funding round led by Harvest Lane Asset Management to accelerate its marketing and sales reach in North America. Votiro is revolutionizing file security and safety by expanding its disarming with enhanced.....»»
Apple acquires AI-powered video compression startup WaveOne
WaveOne, a California-based startup that has been developing algorithms for compressing videos, has confirmed that it has been purchased by Apple.Credit: Laurenz Heymann/UnsplashFounded in 2016, WaveOne sought to use machine learning for video compre.....»»
Long-term study shows water fleas adapt to sunscreen ingredients
A new study into how sunscreen affects freshwater ecosystems suggests the impact may be less alarming than first thought—and raises new questions about whether lab-based studies into environmental contaminants are accurately reflecting what happens.....»»
Aembit emerges from stealth and raises $16.6 million
Aembit has unveiled its official launch alongside $16.6M in seed financing from cybersecurity specialist investors Ballistic Ventures and Ten Eleven Ventures. Aembit helps companies apply a zero trust security framework to workload access, similar to.....»»
Mastercard acquires Baffin Bay Networks to improve customer security
Mastercard acquired Baffin Bay Networks to better help businesses deal with the increasingly challenging nature of cyber-attacks. Baffin Bay Networks, based in Sweden, adds to Mastercard’s multi-layered approach to cyber security and helps to stop.....»»
FunP raises US$3 million from Foxconn subsidiary Ennoconn
Taiwan digital advertising group funP Innovation has just raised US$3.12 million in the first closing of the latest fundraising round from a Foxconn subsidiary, Ennoconn......»»
T-Mobile acquires Mint & Ultra Mobile for prepaid services
T-Mobile is buying Mint Mobile and Ultra Mobile to boost its prepaid cellular services, but the two carriers will largely remain separate entities.T-MobileThe carrier announced the plan on Wednesday to acquire Ka'ena Corporation and its brands Mint M.....»»
GM agrees to 10% hourly pay increase at Mexico truck plant
The increase, at GM's pickup plant in the central city of Silao, will go into effect for one year as of March 25 and tops last year's deal for 8.5 percent pay raises, the head of the local union said. GM said the agreement "will benefit our workers.".....»»
VW raises spending to $193B to boost EV, software efforts
More than two-thirds of the automaker's new investment budget is allocated toward EVs and software as the group, whose brands include Porsche, Audi, Bentley, VW and Skoda, seeks to catch up with Tesla......»»
GM agrees to 10% hourly pay increase at Mexico truck plant, union says
The increase, at GM's pickup plant in the central city of Silao, will go into effect for one year as of March 25 and tops last year's deal for 8.5 percent pay raises, the head of the local union said......»»
Cado Security raises $20 million to drive global expansion
Cado Security raised $20M in funding from Eurazeo, a global investment company, and Ten Eleven Ventures, a cybersecurity-focused, global, stage-agnostic investment firm. This latest investment brings the company’s total investment to $31.5M. The fu.....»»
ActiveFence acquires Rewire to help customers identify harmful text-based content
ActiveFence has completed the acquisition of Rewire, a London-based startup that’s building AI for online safety. Combining ActiveFence’s Trust and Safety platform, content detection AI models and scalable API with Rewire’s repertoi.....»»
Wedbush raises Apple stock target to $190 on rising demand
Citing signs of rebounding demand for iPhones in China, expected new products, and an anticipated rise in services, Wedbush has again raised its Apple stock price target.At the start of 2023, Wedbush lowered its Apple price target from $200 to $175,.....»»
"Giant" ant fossil raises questions about ancient Arctic migrations
Simon Fraser University scientists say their research on the latest fossil find near Princeton, B.C. is raising questions about how the dispersal of animals and plants occurred across the Northern Hemisphere some 50 million years ago, including wheth.....»»
NLP firm raises $37M in series B2 to grow ESG, sentiment analysis services
SESAMm will use its new funding to provide business insights on ESG and sentiment analysis using AI and natural language processing (NLP). SESAMm will use its new funding to provide business insights on ESG and sentiment analysis using AI and nat.....»»
Akamai acquires Ondat to strengthen its cloud computing offerings
Akamai Technologies reached a definitive agreement to acquire Ondat, a cloud-based storage technology provider with a Kubernetes-native platform for running stateful applications anywhere at scale. Ondat’s technology delivers persistent storage.....»»