Zoom and Five9 Abandon $14.7 Billion Acquisition
Cloud contact center software company Five9 and video calling software maker Zoom said Thursday they will not go forward with Zoom's plan to acquire Five9 for $14.7 billion. From a report: Five9 shares fell 2% in extended trading following the statem.....»»
Don’t expect PlayStation to abandon consoles for PCs any time soon
One of Sony's co-CEOs says that the company will continue to make consoles its top priority......»»
The promise of summer wheat in Zimbabwe
Africa currently imports around 40 million tons of wheat annually at a staggering cost of $15 billion. Most African countries rely heavily on wheat imports, with some importing up to 100% of their supply. However, countries like Ethiopia and Zimbabwe.....»»
Stellantis, UAW back at odds over future of idled Belvidere plant
The UAW is threatening to strike Stellantis if it doesn't recommit to a $4 billion plan that would reopen Belvidere Assembly and add three new facilities nearby......»»
Boeing risks losing billions as 33,000 workers vote to strike
Workers refused to waste leverage as Boeing deals with $45 billion debt. Enlarge / Union members cheer during a news conference following a vote count on the union contract at the IAM District 751 Main Union Hall in Seattle, Wash.....»»
Self-driving tech spurs investment rebound in mobility sector
Investments in the mobility sector are perking up after a rough multi-year stretch, according to the latest data from financial insights firm Pitchbook. Deal vaues reached $6.7 billion in the second quarter in the segment......»»
Ford Pro CEO Ted Cannis to retire
Cannis has the commercial vehicle unit Ford created in 2021 on pace for $70 billion in revenue this year. Ford Blue CEO Andrew Frick will take over on an interim basis......»»
Denso goes workerless under new factory concept for Toyota Group
Denso's new ¥69 billion ($482.9 million) workerless plant will make advanced on-board computers that bundle together control of multiple functions in the car, accelerating the transition of Toyota's top supplier into a software-driven mobility compa.....»»
AWS is spending £8 billion to boost its UK cloud business
AWS UK expansion could support up to 14,000 jobs annually......»»
Ex-NFL wide receiver Kevin Johnson buys Ford car dealership
Drafted by the Cleveland Browns, Kevin Johnson ended his football career in Detroit. The dealership acquisition marks Johnson's foray into automotive retail......»»
Apple must pay €13 billion in back taxes after losing final appeal
EU's top court also upholds €2.4 billion antitrust fine against Google. Enlarge (credit: Getty Images | SOPA Images ) Apple has suffered a significant defeat after the EU’s top court ruled that the iPhone maker must.....»»
Apple’s iPhone 16 Pro boasts a bigger screen and better camera zoom
A 48-megapixel ultra-wide camera and the A18 Pro chip headline Apple's flagship. These are the new colors and finishes for the iPhone 16 Pro......»»
Electrically modulated light antenna points the way to faster computer chips
Today's computers reach their physical limits when it comes to speed. Semiconductor components usually operate at a maximum usable frequency of a few gigahertz—which corresponds to several billion computing operations per second......»»
The moon had surprisingly recent volcanic activity, samples from Chinese space mission confirm
Volcanoes were erupting on the moon as recently as 120 million years ago, evidence collected by a Chinese spacecraft suggests. Until the last few years, scientists had thought volcanic activity ended on the moon around 2 billion years ago......»»
Sharks are abandoning stressed coral reefs in warming oceans, study finds
Gray reef sharks are having to abandon the coral reefs they call home in the face of warming oceans, new research finds......»»
Witness 1.8 billion years of tectonic plates dance across Earth"s surface in a new animation
Using information from inside the rocks on Earth's surface, we have reconstructed the plate tectonics of the planet over the last 1.8 billion years......»»
After another Boeing letdown, NASA isn’t ready to buy more Starliner missions
Boeing could earn nearly $2 billion more from NASA if it fully executes on the Starliner contract. Enlarge / Boeing's Starliner spacecraft sits atop a United Launch Alliance Atlas V rocket before liftoff in June to begin the Crew.....»»
NASA"s Hubble, MAVEN help solve the mystery of Mars"s escaping water
Mars was once a very wet planet, as is evident in its surface geological features. Scientists know that over the last 3 billion years, at least some water went deep underground, but what happened to the rest? Now, NASA's Hubble Space Telescope and MA.....»»
New mRNA and gene editing tools offer hope for dengue virus treatment
Dengue virus, a painful and sometimes fatal mosquito-borne infection well known in tropical countries, is surging rapidly across the planet. Now, 4 billion people live in places at risk for the disease, like the southeastern United States, which does.....»»
Verizon to buy Frontier for $9.6 billion, says it will expand fiber network
Verizon once sold part of its network to Frontier; now it's buying the company. Enlarge / A Verizon FiOS truck in Manhattan on September 15, 2017. (credit: Getty Images | Smith Collection | Gado) Verizon today announce.....»»
Retail tech company Xcite Automotive plans to raise venture capital after AI acquisition
Xcite, known for reconditioning vehicles and photographing them for dealer websites, purchased Double4 AI to enhance its tech-driven products and services......»»