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Tag Archives: TechCrunch
Syntellis, an enterprise performance management provider, sells for $1.25B
Roper Technologies, a lesser-known company that creates engineering products for niche markets, this morning announced that it acquired Syntellis Performance Solutions, a provider of enterprise performance management software, for $1.25 billion. The transaction includes a $135 million tax benefit, and … Continue reading
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Rubrik acquires Laminar for up to $250M to expand in data security across public clouds
Cybersecurity startups, in particular those hatched in Israel, have been getting scooped up a rapid pace by larger tech companies looking to bolt on new capabilities to address business customers’ growing security needs as they adopt new technologies themselves. In … Continue reading
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Amazon is holding a Prime Day-like shopping event this fall once again
Amazon is holding a Prime Day-like shopping event this fall, the company announced on Tuesday. The online retail giant had two Prime sales events in July and October in 2022 and is doing the same this year. Amazon is calling the … Continue reading
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Electoral Commission hack exposed data of 40 million UK voters
The personal information of approximately 40 million U.K. voters was exposed to hackers for more than a year after the Electoral Commission fell victim to a “complex cyberattack.” The Electoral Commission, the watchdog responsible for overseeing elections in the U.K., … Continue reading
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Sachin Bansal sells Navi’s microfinancing unit for $178.5 million
Svatantra Microfin has reached an agreement to acquire Navi Group’s microfinancing unit Chaitanya India for about $178.5 million, the two firms said Tuesday, latest in a series of events at entrepreneur Sachin Bansal’s firm that has struggled to secure a … Continue reading
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Spotify expands its AI-powered DJ feature globally
Spotify is expanding its AI-powered “DJ” to dozens of markets globally, six months after debuting the feature in North America. Available through the “music” feed section in the Spotify mobile app, DJ personalizes users’ listening through a curated music selection … Continue reading
Powered by electric vehicle growth, China overtakes Japan as biggest auto exporter
One might start noticing more Chinese cars in Western markets in recent times. In the first half of the year, China exported 2.34 million vehicles, according to customs data. The tally surpassed that of Japan, which finished H1 with 2.02 … Continue reading
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Europe confirms in-depth probe for Adobe’s $20B Figma acquisition
The European Commission (EC) has confirmed that it’s opening an in-depth investigation into Adobe’s proposed $20 billion bid for digital design software rival Figma. The Commission said that the acquisition “may reduce competition in the global markets for the supply … Continue reading
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Paramount+ tops 61 million subscribers after Showtime merger
Paramount said that it added 700,000 subscribers to Paramount+ in Q2 2023 after the company launched a subscription tier with Showtime integration in June. This addition meant Paramount+ subscriber count now stands at around 61 million — up from the … Continue reading
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SoftBank posts loss, with a cumulative loss of $6.3B in its Vision Fund business
As SoftBank prepares to dive deeper into AI investments, the group posted an unexpected consecutive quarterly overall loss, as well as a continued loss in its existing investment business. SoftBank’s Vision Fund 1 and 2 and its Latin American fund … Continue reading
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