Splunk announced on Wednesday it is laying off nearly 7% due to the challenges posed by an uncertain global economic situation in the cybersecurity and cloud software industry. As of January 31, Sp...
Splunk announced on Wednesday it is laying off nearly 7% due to the challenges posed by an uncertain global economic situation in the cybersecurity and cloud software industry. As of January 31, Sp...
QI Tech, a provider of financial services businesses in Brazil, announced today it has closed 1 billion reais (equivalent to $200 million) in Series B funding for potential future acquisitions a...
Voltage Park, a non-profit AI cloud-computing organization backed by cryptocurrency billionaire Jed McCaleb, has purchased about $500 million worth of Nvidia’s advanced chips, Reuters reported. ...
FaZe Clan, a once-prominent eSports gaming startup that went public in a $1 billion SPAC deal in October 2022, has been acquired by GameSquare Holdings in an all-stock transaction deal valued at...
Despite the ongoing dominance of artificial intelligence startups in the tech funding arena, investors are showing no signs of slowing down when it comes to backing promising and innovative fintech...
Private markets have seen a significant increase in Assets under Management (AUM), reaching a substantial $11.7 trillion in 2023. This number is expected to double within the next five years. Howev...
Convera, a B2B payments fintech startup, today announced it has successfully completed the migration of its payments network and customer services to Amazon Web Services (AWS). This move is set t...
ALT21, a London-based startup and provider of an end-to-end platform for FX hedging, has closed $21 million (19.4 million euros) in funding, marking one of Europe’s largest pre-Series A funding ...
Team collaboration software company Atlassian announced today it has agreed to acquire the communications and video platform platform Loom, in a deal valued at approximately $975 million. The acqu...
Our oceans, once teeming with life and vitality, are facing unprecedented challenges. They’re becoming more acidic, pollution is on the rise, and the waters are getting warmer—all while our world’s...
Peak Energy, a clean energy storage startup founded by veterans from Tesla and Northvolt, has launched from stealth mode with $10 million in funding to mass-produce giant sodium-ion batteries to st...
Private equity firm General Atlantic LLC is currently exploring options for the sale of EngageSmart, a payments software vendor with a market value of $3.2 billion, according to an exclusive report...
Despite a funding drought affecting many startups, generative AI startups continue to ride the wave of the ChatGPT-led AI boom as investors pour billions into the space hoping to find the next big ...
Media.com has undergone a change in ownership. According to a report by Axios, Australian private equity company Kismet Group acquired the domain name Media.com with a vision to launch it as a re...
Tquila Automation, a startup that offers intelligent automation solutions for the healthcare sector, has closed $20 million in Series A funding. Leading this round is Delta-v Capital, with parti...
Investors are showing no signs of slowing down as they continue to inject billions of dollars into artificial intelligence (AI) startups as the AI race heats up. Just a few days ago, we covered the...
Fortnite maker Epic Games is laying off about 830 employees, 16 percent of its total workforce, the company announced Thursday. In addition to the layoff, the company also said it is selling its mu...
The excitement over AI which started with the sudden success of ChatGPT is still growing strong. AI startups continue to attract billions of dollars in funding from eager investors seeking to capit...