Grab Holdings, a Singapore-based ride-hailing and food- delivery company operating across Southeast Asia, is moving ahead with its attempt to take over Indonesian competitor GoTo Group, Bloomberg reported Tuesday. Grab, GoTo and their shareholders are assessing the structure and value of a deal, ... Read more ›
0
Elon Musk’s X has been valued at $44 billion by a deal where investors sold existing stakes in the business to other investors, The Financial Times reported. The valuation is in line with the price of X, then called Twitter, in Musk’s debt-backed takeover of the company in 2022. Since then, ... Read more ›
0
If at first you don’t succeed, try offering more money. That’s the strategy Google employed to ink its $32 billion deal to acquire cloud cybersecurity startup Wiz, which the two companies announced today. The deal reemerged from the ashes this week after Wiz last summer rejected a $23 billion bid from Google, deciding that it preferred to remain independent and pursue an IPO. I’m told that Google never gave up... Read more ›
0
Amazon-backed autonomous vehicle company Zoox applied for a permit with Nevada’s Department of Business and Industry to charge passengers for rides within the state, according to Terry Williams, a spokesperson for the department. Zoox filed the application, which is under review, in mid-January, ... Read more ›
0
President Donald Trump has fired the two Democratic commissioners on the five-member Federal Trade Commission, a White House spokesperson confirmed. It’s been nearly 100 years since a president ousted an FTC commissioner over political differences. The Trump administration has been vocally ... Read more ›
0
Two astronauts, Suni Williams and Butch Wilmore, splashed down off the coast of Florida after an unexpectedly long, nine-month stay on the International Space Station. The duo made their return to earth, along with two other astronauts, aboard a SpaceX Dragon capsule. Last June, Williams and ... Read more ›
0
A federal judge ruled Tuesday that Elon Musk’s push to shutter the United States Agency for International Development “likely violated the United States Constitution in multiple ways.” The ruling, handed down by Judge Theodore D. Chuang in U.S. District Court in Maryland, served as a strong ... Read more ›
0
It’s still murky, but the bidding process for TikTok is beginning to come into focus. Last week, my colleagues reported Oracle was the lead contender among a group of bidders. Today I have more details about one of them—Reid Rasner, a Wyoming entrepreneur, who last month said he was making a bid worth more than $47 billion for TikTok’s U.S. business. Rasner, who is CEO and founder of wealth management... Read more ›
0
Nvidia on Tuesday unveiled a slew of new software for robotics, including a simulator it made with Disney and Google’s help, during its annual conference for software and hardware developers. The announcements aim to catalyze the development of robots with software powered by Nvidia’s artificial ... Read more ›
0
For Silicon Valley venture capitalists dealing with overpriced bets made during the low-interest rate period, Rippling and Deel have been bright spots. The San Francisco HR rivals passed new revenue milestones and minted higher valuations—great news for investors who poured a combined $2 billion into both startups. By some measures, Deel’s investors have had the most to crow about. Deel, the six-year-old startup valued at $12.6 billion in February, passed... Read more ›
12
Database provider Snowflake has hired Mike Blandina, a former JPMorgan Chase & Co. executive, to serve as its new chief information officer, according to a company spokesperson. Blandina, formerly CIO of payments at JPMorgan, is taking over for Sunny Bedi, who has served as Snowflake’s CIO ... Read more ›
0
One of the most underappreciated applications of artificial intelligence in the corporate world involves its role in writing performance reviews.Take Moderna, the pharmaceutical giant. Late last year, Brice Challamel, its vice president of AI products and platforms, noticed a trend: ChatGPT usage by the pharmaceutical firm’s employees spiked every quarter, around the time managers conduct performance reviews. Staff appeared to use ChatGPT to write both their self-evaluations and those of... Read more ›
4
Congressman John Moolenaar on Tuesday said a deal that keeps ByteDance in control of TikTok would “directly violate the law,” in an opinion piece for the National Review. “The law is clear: any deal must eliminate Chinese influence and control over the app to safeguard our interests,” Moolenaar, ... Read more ›
0
Every few months, a new acronym takes hold among artificial intelligence researchers.The latest one gaining steam is MCP, or model context protocol, an open source software Anthropic released in November. It’s a software standard that, if widely adopted, would help large language models of any kind access external data sources and tools, such as a website or database. Developers have described MCP as a kind of “universal translator” for models... Read more ›
1
Amazon has become one of the biggest advertising businesses thanks to merchants promoting their wares in search ads on Amazon’s e-commerce site. Now Amazon has set its sights on becoming the conduit for advertisers to buy ads everywhere on the internet, not just on websites it controls. To get there, Amazon has lately offered incentives for advertisers to shift their ad spending to its ad buying platform from rival services... Read more ›
0
Google will acquire the cybersecurity startup Wiz for $32 billion, the companies announced Tuesday. The deal comes less than a year after the companies discussed an acquisition for $23 billion, but those talks stalled last summer over concerns that regulators might block the transaction. Wiz, ... Read more ›
0
Amazon Web Services has a new strategy to convince cloud customers to use its artificial intelligence chip rather than chips made by Nvidia: sharply undercutting Nvidia on price. A longtime AWS cloud customer said the company recently pitched them on renting servers powered by the chip, Trainium, that would give them the same computing power as Nvidia’s H100 chips at 25% of the price. Nvidia’s Hopper series of chips has... Read more ›
0
If the folks at Klarna ever decide to diversify from installment lending, they should give marketing a go. The Swedish company seems to be an expert in getting attention—and we’re not just talking about its frequent pronouncements about how it is using AI to cut costs. More to the point: Klarna’s announcement on Monday that it will become the exclusive provider of installment loans for OnePay, a payment app offered... Read more ›
0
Elon Musk’s xAI has acquired Hotshot, a text-to-video startup, according to a post on X made by Hotshot’s CEO and co-founder Aakash Sastry. Since its founding in 2023, Hotshot has developed three video-generating AI models called Hotshot-XL, Hotshot Act One and Hotshot. Those models and Hotshot’ ... Read more ›
0
Google is in talks to acquire the cybersecurity startup Wiz for $30 billion, The Wall Street Journal reported on Monday. The talks come less than a year after the two companies had previously discussed an acquisition but at a price of $23 billion. Wiz ultimately rebuffed that offer given ... Read more ›
0
Most popular sources
VentureBeat
|
0% |
ScienceDaily
|
0% |
Ubergizmo
|
0% |
Sifted
|
0% |
Financial Times
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
23.03.2026 16:06
Last update: 16:05 EDT.
News rating updated: 22:01.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.