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.....»»
Copper-based catalyst paves the way for sustainable ammonia production
Ammonia plays a critical role in food production and industrial development, with a global market size of approximately 175 million metric tons and a market value of $67 billion. Likewise, it is a high-energy-density carrier, making it a key player i.....»»
WSJ: Apple in talks to invest in OpenAI as ChatGPT comes to iOS 18
OpenAI is seeking a new round of funding that values the company at over $100 billion, and a new report today says Apple is in negotiations to join in. According to The Wall Street Journal, Apple is “in talks to invest in OpenAI” alongside other.....»»
University of Wisconsin denied new trial in decade-long chip patent battle against Apple
The ten-year legal battle between Apple and the University of Wisconsin may finally be over, with the university denied its latest attempt to regain half a billion dollars from the iPhone company.Apple's A7 processor is among the ones included in the.....»»
GM, Samsung SDI push back opening of Ind. battery plant to 2027
General Motors and Samsung SDI finalized their partnership that will invest $3.5 billion in an EV battery plant in Indiana......»»
Vinnie Johnson"s Piston Group wins scathing verdict in longtime minority certification fight
The verdict ends a legal feud that’s been stewing since early 2021. At stake was a lucrative minority certification that helped the auto supplier win business from automakers. The fast-growing supplier has topped $3 billion in revenue and employs 1.....»»
iPhone 16 will lead Apple to record high $400 billion revenues in 2024
Apple is now expected to exceed $400 billion in annual revenue in 2024, with this record high driven by all of its hardware such as the iPhone, plus another record high for Services.Renders of the iPhone 16 rangeIt's estimated that when Apple was inc.....»»
Old methods, new technologies drive fraud losses
GenAI, deepfakes and cybercrime are critical threats putting intensifying pressures on businesses, according to Experian. Top online security concerns for consumers According to the FTC, consumers reported losing more than $10 billion to fraud in 202.....»»
Feds award $521 million in EV charger funds, but rollout remains slow
The awards are part of a $7.5 billion program for EV charger infrastructure. Enlarge (credit: Getty Images) The federal government awarded another $521 million in EV charger funding today. It's the latest tranche of mon.....»»
Germany plans $3.7 billion program to help decarbonize industry, including carbon storage
The German government on Friday announced plans to provide about 3.3 billion euros ($3.7 billion) in funding for projects to make industry more climate-friendly, including by storing carbon dioxide underground at offshore sites......»»
Fraud tactics and the growing prevalence of AI scams
In the first six months of 2024, Hiya flagged nearly 20 billion calls as suspected spam – more than 107 million spam calls everyday. The data showed spam flag rates of more than 20% of unknown calls (calls coming from outside of someone’s address.....»»
Xiaomi, eyeing Europe, will swallow EV losses to join Tesla in big leagues
Xiaomi’s founder Lei Jun has pledged to invest $10 billion to make EVs as the company aims to become one of the world’s top five automakers. .....»»
Canadian rail lockout called "highly problematic" for North American auto industry
A weeklong stoppage could cost about $1 billion, according to one forecast. The costs and disruptions for U.S. automakers go up the longer the disruption lasts......»»
AMD signs $4.9 billion deal to challenge Nvidia’s AI infrastructure lead
Company hopes acquisition of ZT Systems will accelerate adoption of its data center chips. Enlarge (credit: CFOTO/Future Publishing via Getty Images) AMD has agreed to buy artificial intelligence infrastructure group ZT.....»»
Four things ancient Greeks and Romans got right about mental health
According to the World Health Organization, about 280 million people worldwide have depression and about one billion have a mental health problem of any kind......»»
Video dominates mobile app revenue; TikTok coins reward live streamers
Video dominates mobile app revenue, according to a new report. Of the total $3.8B smartphone owners spent on entertainment apps last quarter, three billion of it was spent on streaming and short video apps. The most dramatic growth in earnings was.....»»
Medicare drug price negotiations: 10 list prices drop between 38% to 79%
If the prices were set in 2023, Medicare would have saved $6 billion. Enlarge / Prescription drugs are displayed at NYC Discount Pharmacy in Manhattan on July 23, 2024. (credit: Getty | Spencer Platt) In the first round.....»»
Big-name drugs see price drops in first round of Medicare negotiations
If the prices were set in 2023, Medicare would have saved $6 billion. Enlarge / Prescription drugs are displayed at NYC Discount Pharmacy in Manhattan on July 23, 2024. (credit: Getty | Spencer Platt) In the first round.....»»
Extreme heat exposure on the rise for millions of kids: UN
Nearly half a billion children are facing twice as many days of extreme heat each year—or more—than their grandparents did, the UN said Tuesday, warning of deadly consequences......»»
Massive data leak may include the personal data of every person in the US, UK, and Canada
A massive data leak of some 2.7 billion records may include sensitive personal data for every person in the US, UK, and Canada. For the US, the data includes social security numbers. The data is said to have come from a company known as National P.....»»
The first Fortnite x Disney collaboration features a bunch of skins and Doctor Doom
Disney invested $1.5 billion into Fortnite earlier this year, and its first official collaboration involves Doctor Doom and some new Marvel skins......»»