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.....»»
Research finds 1.1 billion people in multidimensional poverty, with nearly a half-billion in conflict settings
New research from the United Nations Development Program (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) has found that poverty rates in conflict-affected nations are almost three times higher than in countries free from conflic.....»»
LVMH’s Bernard Arnault sees nearly $10 billion in wealth wiped out after share-price bloodbath
LVMH’s Bernard Arnault sees nearly $10 billion in wealth wiped out after share-price bloodbath.....»»
Despite massive security spending, 44% of CISOs fail to detect breaches
Despite global information security spending projected to reach $215 billion in 2024, 44% of CISOs surveyed reported they were unable to detect a data breach in the last 12 months using existing security tools, according to Gigamon. Blind spots under.....»»
EV-maker Lucid expects to raise $1.67 billion from stock sale
EV-maker Lucid expects to raise $1.67 billion from a combined public offering and private placement of roughly 637 million shares......»»
Argentina"s trade surplus nears $16 billion under Milei: Reuters poll
Argentina"s trade surplus nears $16 billion under Milei: Reuters poll.....»»
Trump claims Tim Cook called him about EU fining Apple $17 billion
Tim Cook’s job as CEO covers a number of roles and responsibilities. One of them involves maintaining relationships with political powers. And according to Donald Trump, he and Cook recently had a conversation about the EU’s recent rulings agains.....»»
Warren Buffett Sent Wall Street a $93 Billion Warning. History Says the Stock Market Will Do This Next
Warren Buffett Sent Wall Street a $93 Billion Warning. History Says the Stock Market Will Do This Next.....»»
Daily 5 report for Oct. 15: Stellantis-backed startup invests $1 billion in Nevada battery plant
Lyten chose Reno because of its battery ecosystem and its dry climate......»»
Stellantis-backed Lyten to invest over $1 billion in Nevada lithium-sulfur battery factory
U.S. startup Lyten is investing more than $1 billion in a Reno, Nevada lithium sulfur battery factory......»»
TSMC to Focus on AI Chips as it Expands European Operations
Earlier on, TSMC pledged more than $65 billion towards the creation of three plants in Arizona. The post TSMC to Focus on AI Chips as it Expands European Operations appeared first on Phandroid. With more and more software companies and man.....»»
The Internet Archive and its 916 billion saved web pages are back online
Wayback Machine back in read-only mode after DDoS, may need further maintenance. The Internet Archive has brought its Wayback Machine back online "in a provisional, read-only mann.....»»
Atmospheric oxidation and the creation of modern Mars
Like Earth, Mars was formed about 4.5 billion years ago, but its early surface was very different than today's. Mars' surface then had high rates of meteorite and asteroid impacts from the period known as the Late Heavy Bombardment. But whereas today.....»»
Open Road Capital acquires 5 dealerships from Beyer Auto Group
For the first time, Open Road purchased dealerships without a partner......»»
Astronomers find Webb data conflict with reionization models
Reionization is a critical period when the first stars and galaxies changed the physical structure of their surroundings, and eventually the entire universe. Established theories state that this epoch ended around 1 billion years after the Big Bang......»»
I think my child might need a tutor. What do I need to consider first?
School tutoring is a huge business. Australian estimates suggest it was worth more than of A$1.5 billion as of 2021......»»
Lusatia"s transformation from coal is falling short on environmental sustainability, German study finds
A total of 10.3 billion euros of federal funding and several hundred million euros of state funding have been allocated to support the structural transformation of the Lusatian coal district in Brandenburg, Germany. But are the projects targeted by t.....»»
Chery weighs Hong Kong IPO for $7 billion auto arm
Chery Auto is one of China’s biggest car exporters and one of only a few not listed. It is a key asset of Chery Group, which also provides financial and real estate services......»»
Damage and insurance losses from Hurricane Helene could cost billions
Insurance losses are expected to reach roughly $6.4 billion, and insurance providers may reevaluate how they price policies and what types of coverage they offer......»»
OpenAI secures $6.6 billion in latest funding round
Thanks to $6.6 billion in funding from the likes of Microsoft and Nvidia with a $157 billion valuation, OpenAI is now one of the wealthiest private enterprises on the planet......»»
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.....»»