Thoma Bravo acquires ForgeRock for $2.3 billion
ForgeRock announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a software investment firm, for $23.25 per share, in an all-cash transaction valued at approximately $2.3 billion. The offer represents a premium of ap.....»»
EVgo gets $1.05B loan to build 7,500 DC fast chargers
EVgo will focus on underserved communities where people can't charge at home. The electric vehicle charging company EVgo has secured conditional approval for a $1.05 billion loan.....»»
2-billion-year-old rock could help understand very early life on Earth and the hunt for evidence of life on Mars
Pockets of microbes have been found living within a sealed fracture in a 2-billion-year-old rock. The rock was excavated from the Bushveld Igneous Complex in South Africa, an area known for its rich ore deposits. This is the oldest example of living.....»»
There were more black holes in the early universe than we thought, research finds
Supermassive black holes are some of the most impressive (and scary) objects in the universe—with masses around 1 billion times more than that of the sun. And we know they've been around for a long time......»»
U.S. offers EVgo conditional $1.05 billion loan for EV chargers
If finalized, the loan guarantee will support EVgo's deployment of about 7,500 public stalls with high power chargers that can power two EVs simultaneously at nearly 1,100 stations......»»
Three hard truths hindering cloud-native detection and response
According to Gartner, the market for cloud computing services is expected to reach $675 billion in 2024. Companies are shifting from testing the waters of cloud computing to making substantive investments in cloud-native IT, and attackers are shiftin.....»»
DirecTV/Dish merger has a problem as debt holders object to $1.6 billion loss
Debt holders oppose $1.6 billion value reduction, throwing wrench into TV merger. DirecTV's agreement to buy the Dish satellite and streaming TV business from EchoStar is facing o.....»»
OpenAI is now valued at $157 billion
OpenAI has nearly doubled what investors think it's worth—but there's a catch. OpenAI, the company behind ChatGPT, has now raised $6.6 billion in a new funding round that values.....»»
Patients Are Turning to Vibrators to Relieve Their Migraines
One billion people experience migraines, yet the perfect treatment is still out of reach. Can a vibrator offer a surprising solution?.....»»
Eight Scientists, a Billion Dollars, and the Moonshot Agency Trying to Make Britain Great Again
The Advanced Research and Invention Agency—ARIA—is the UK's answer to Darpa. But can it put the country back on the scientific map?.....»»
Nvidia just released an open-source LLM to rival GPT-4
Nvidia just released a 72 billion-parameter, open-source LLM that will rival GPT-4.....»»
Dish creditors “revolt” over DirecTV merger, try to block loss-making deal
Debt holders oppose $1.6 billion value reduction, throwing wrench into TV merger. DirecTV's agreement to buy the Dish satellite and streaming TV business from EchoStar is facing o.....»»
Billionaire Houston Rockets owner acquires nearby Chevrolet dealership. Will he buy more stores?
The Texas store acquisition marks Tilman Fertitta's first domestic car dealership, now part of Fertitta Automotive Group......»»
U.S. issues $2 billion electric vehicle tax rebates since Jan. 1, Treasury says
The U.S. government has issued $2 billion in advance point-of-sale consumer EV tax credit payments since Jan. 1 covering more than 300,000 vehicles, the Treasury said Oct. 1......»»
Dragos acquires Network Perception to boost security in OT environments
Dragos announced the acquisition of Network Perception, makers of NP-View, a network visualization platform for OT networks. The acquisition will bolster the Dragos Platform with industry-leading OT network visibility along with compliance and segmen.....»»
The grid is insufficient for renewables. BPA has a $2 billion plan.
The grid is insufficient for renewables. BPA has a $2 billion plan......»»
Apple backs out of backing OpenAI, report claims
Apple dropped out of the $6.5 billion investment round at the 11th hour. Enlarge / The Apple Park campus in Cupertino, California. (credit: Anadolu Agency | Getty) A few weeks back, it was reported that Apple was explori.....»»
New method achieves first-ever imaging of pathogens on lettuce leaves in real-time
As the global population surpasses 8 billion, the challenge of producing sufficient food becomes increasingly pressing. The Netherlands stands as the world's second-largest food exporter, efficiently cultivating a wide variety of crops. However, plan.....»»
Where flood policy helps most—and where it could do more
Flooding, including the devastation caused recently by Hurricane Helene, is responsible for $5 billion in annual damages in the U.S. That's more than any other type of weather-related extreme event......»»
Nio secures $1.9 billion injection from parent, shareholders
A cash burn has triggered analysts’ concerns, and Nio, which has never been profitable, reported a 4.5 billion yuan second-quarter loss, though sales surged to 17.5 billion yuan......»»
Workplace well-being programs often don"t work—but here"s how to make them better
The World Health Organization (WHO) has just published alarming statistics showing that employee mental health issues result in a US$1 trillion (£747 billion) loss in productivity each year. The WHO has called on employers to take urgent action by i.....»»