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.....»»
Acer raises inventory levels amid COVID surge in China
Acer allowed its PC inventory level to swell to 11 weeks, up from eight weeks, amid concerns over China's surge in COVID-19 cases, according to company chairman and CEO Jason Chen......»»
Apple barely returns to $2 trillion market cap after dip
On Tuesday, Apple's market cap fell below the $2 trillion mark over investor fears — but a positive day has returned the stock to over the line.Apple bounces backFollowing early morning trading on January 3, Apple's market valuation fell below $2 t.....»»
The year that brought Silicon Valley back down to earth
On the first trading day of 2022, Apple hit a new milestone for the tech industry: the iPhone maker became the first publicly traded company to hit a $3 trillion market cap, with Microsoft and Google not far behind. As eye-popping as that valuation w.....»»
China GPU developer Moore Threads raises CNY1.5 billion
Moore Threads Technology, a Beijing-based GPU developer, recently completed a CNY1.5 billion (US$215.4 million) Series B funding. The proceeds will finance its continuous development of multi-functional GPU products, MUSA architecture-based processor.....»»
Alphabet’s Intrinsic Acquires Majority of Open Robotics
Today, Open Robotics, which is the organization that includes the nonprofit Open Source Robotics Foundation (OSRF) as well as the for-profit Open Source Robotics Corporation (OSRC), is announcing that OSRC is being acquired by Intrinsic, a standalon.....»»
CyberCube raises 50$ million
CyberCube has raised $50 million in additional growth capital from investment funds managed by Morgan Stanley Tactical Value (Morgan Stanley), with continued participation from all existing investors Forgepoint Capital, Hudson Structured Capital Mana.....»»
Samsung raises 3D NAND flash prices by 10%
Despite sluggish demand, Samsung raised its NAND flash prices for the first half of December, with 3D NAND flash prices rising by as much as 10%, according to industry sources......»»
China 12-inch silicon wafer startup raises CNY4 billion
Eswin Silicon Wafer Technology, a 12-inch silicon wafer supplier based in Xian, China has raised nearly CNY4 billion (US$573.6 million) in series C funding from China National Building Material (CNBM) and other investors, according to market sources......»»
Hexagon acquires Qognify to strengthen public safety solutions
Hexagon acquires Qognify, a provider of physical security and enterprise incident management software solutions. Serving more than 4,000 customers worldwide in banking, government, logistics, manufacturing, retail, transportation and more, Qognify.....»»
Protect AI emerges from stealth and raises $13.5 million
Protect AI emerged from stealth with $13.5 million seed funding and its first product, NB Defense. NB Defense addressess vulnerabilities in a core component used at the beginning of the machine learning supply chain – Jupyter Notebooks. This is a r.....»»
Chengdu Silan raises CNY500 million to fund automotive IC packaging biz
Chengdu Silan Semiconductor Manufacturing, a subsidiary of discrete component IDM Silan Microelectronics, has raised CNY500 million (US$71.7 million) from two new Chinese investors to fund its automotive IC packaging business. Government-led Chengdu.....»»
Motorola Solutions acquires Rave Mobile Safety
Motorola Solutions has acquired Rave Mobile Safety, a mass notification and incident management that helps organizations and public safety agencies communicate and collaborate during emergencies. The company is based in Framingham, Massachusetts. Sta.....»»
FireTail raises $5 million to improve API Security
FireTail has closed $5 million in early stage financing led by Paladin Capital Group, with participation from Zscaler, General Advance, Secure Octane, and a cadre of high-profile cyber security executives including SentinelOne VP of Cloud Security El.....»»
Artificial intelligence in veterinary medicine raises ethical challenges
Use of artificial intelligence (AI) is increasing in the field of veterinary medicine, but veterinary experts caution that the rush to embrace the technology raises some ethical considerations......»»
Veracode acquires Crashtest Security to improve web application security
Veracode has acquired Crashtest Security to enhance the existing DAST capabilities available as part of Veracode’s Continuous Software Security Platform and broaden customer access globally. Web applications are fast becoming the most exploited att.....»»
Sanan raises CNY7.9 billion for capacity ramps
Sanan Optoelectronics, the largest China-based LED epitaxial wafer and chip maker, has raised a total of CNY7.9 billion (US$1.13 billion) and will utilize the proceeds to accelerate its miniLED and microLED chip output ramp-up......»»
Fusion energy breakthrough by US scientists boosts clean power hopes
First-ever net-energy gain from fusion raises hopes for zero-carbon alternative. Enlarge / The high-powered Nova Laser before it creates nuclear fusion inside its target chamber at the Lawrence Livermore National Laboratory. (cre.....»»
Returnal might be the first PC game to recommend this much RAM
Sony's Returnal is coming to the PC soon, and of all the system requirements, the amount of recommended RAM raises some questions......»»
Knight Automotive Group continues U.S. expansion in California
Canada's Knight Automotive Group acquires four dealerships near Sacramento, part of three U.S. acquisitions in a year, all in California......»»
UnaBiz raises US$25 million in B+ round financing
UnaBiz, the massive Internet of Things (IoT) solution provider, announced on December 8 that it has completed its B+ financing round led by Japan's Sparx Group, and other investors including Singapore's G.K Goh Holdings, are also optimistic about Una.....»»