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Verizon Appoints Former PayPal Chief Dan Schulman as New CEO Amid Market Slowdown
Verizon Communications has named former PayPal CEO Dan Schulman as its new chief executive, succeeding Hans Vestberg in…
AstraZeneca Signs $555 Million Gene Therapy Licensing Deal with Algen Biotechnologies
Algen Biotechnologies announced on Monday that it has granted AstraZeneca a license to develop gene therapies discovered through…
Qualtrics to Acquire Healthcare Research Firm Press Ganey Forsta in $6.75 Billion Deal
Customer survey software giant Qualtrics, owned by private equity firm Silver Lake, has reached an agreement to acquire…
Dacia Unveils ‘Hipster Concept’ Electric Mini-Car Aimed at Challenging Low-Cost Chinese EVs
Renault’s low-cost brand, Dacia, has unveiled a prototype electric mini-car known as the “Hipster Concept,” designed to offer…
Firefly Aerospace to Acquire Defense Tech Firm SciTec in $855 Million Deal to Boost Space Capabilities
Firefly Aerospace has announced plans to acquire national security technology company SciTec for about $855 million, marking a…
Anker’s Eufy Paid Users for Theft Videos to Train AI, Raising Privacy Concerns
Chinese electronics maker Anker, the company behind Eufy security cameras, earlier this year launched a controversial campaign offering…
Former Databricks AI Chief Naveen Rao Launches Unconventional, Inc., in $1bn Fundraising Drive to Rival Nvidia
Former Databricks head of artificial intelligence, Naveen Rao, has launched a new startup, Unconventional, Inc., and is reportedly…
Indonesia Suspends TikTok’s Registration Over Data Disclosure Dispute
Indonesia’s government has suspended TikTok’s registration to operate electronic systems after the company failed to provide full data…
Cerebras Withdraws U.S. IPO Plans After $1.1bn Funding Round
AI chipmaker Cerebras Systems has withdrawn its plans for an initial public offering (IPO) in the United States,…
Bezos Predicts Space-Based Data Centres Could Surpass Earth’s Within 20 Years
Amazon founder Jeff Bezos has forecast that gigawatt-scale data centres will be built in space within the next…