Tag Archives: technology
Thoma Bravo closes $2.3 billion deal to take software firm ForgeRock private
(Reuters) - Tech-focused private equity Thoma Bravo said on Wednesday it has closed its $2.3 billion all-cash deal to acquire identity and access management software firm ForgeRock. The company said i...
Aug 23, 2023
Netflix signups remain high, fueled by password-sharing crackdown – data
(Reuters) - Signups for Netflix in the United States remain elevated despite a fall from June's record high after the video-streaming pioneer's crackdown on shared passwords came into effect in May, a...
Aug 23, 2023
Germany plans to double AI funding in race with China, U.S
BERLIN (Reuters) - Germany plans to almost double its public funding for artificial intelligence research to nearly a billion euros over the next two years, as it attempts to close a skills gap with s...
Aug 23, 2023
Analog Devices’ fourth-quarter forecasts disappoint as consumer demand weakens
(Reuters) - Analog Devices forecast fourth-quarter revenue below Wall Street targets on Wednesday, in a sign that the chip industry inventory glut, fueled by weak consumer demand, might prevent fresh ...
Aug 23, 2023
Teen hacked Uber, Revolut and Grand Theft Auto maker, London jury finds
LONDON (Reuters) - A teenage member of the Lapsus$ hacking group was on Wednesday found to have hacked Uber and fintech firm Revolut then blackmailed the developers of best-selling videogame Grand The...
Aug 23, 2023
Nvidia shares up on hopes of strong results powering another AI rally
(Reuters) - Nvidia shares rose on Wednesday before the bell on growing expectations that the chip designer will deliver another strong outlook and boost markets as it reaps the benefits of early inves...
Aug 23, 2023
Singapore’s Grab forecasts smaller operating loss this year
(Reuters) - Grab forecast a smaller operating loss for the current fiscal year and pulled forward its profitability timeline on Wednesday, driven by cost savings from its recent workforce reduction. T...
Aug 23, 2023
Kenyan court orders mediation in Meta labour dispute
NAIROBI (Reuters) - A Kenyan court has given Facebook's parent company Meta and content moderators suing it for unfair dismissal 21 days to resolve their dispute out of court, a court order showed on ...
Aug 23, 2023
China EV maker Zeekr to start investor tour ahead of $1 billion US IPO -sources
By Julie Zhu and Scott Murdoch HONG KONG (Reuters) - Zeekr, Chinese automaker Geely's premium electric vehicle (EV) brand, will meet global investors from August-end to test appetite for a $1 billion ...
Aug 23, 2023
Facebook owner Meta breaks privacy rules, Norway regulator tells court
By Gwladys Fouche OSLO (Reuters) - Meta Platforms is breaking European data privacy rules in Norway, the country's data regulator told a court on Wednesday, in a case that could have wider European im...
Aug 23, 2023
Mon Jul 6
Green Bay, WI, USA
81°FFeels Like: 80°F
Wind/Dir: 21 MPH-E
Humidity: 36%
