UK AI Security Firm Darktrace Acquired By Private Equity Group

19 hours ago
Tom Jowitt

Thoma Bravo agrees to acquire Darktrace for $5.32 billion in cash, delivering some welcome news for founding investor Dr Mike…

Microsoft Beats Expectations Thanks To AI Investments

Customer adoption of AI services embedded in cloud services continues to deliver results for Microsoft, pushing shares higher

21 hours ago

ByteDance Would Rather Shutter TikTok US, Than Sell – Report

TikTok's 'secret source' algorithm is so core to ByteDance, it would rather shut down US operation, multiple sources have indicated

24 hours ago

Oracle Plans To Relocate HQ To Nashville

After relocating from California to Texas in 2020, Oracle's Larry Ellison now reveals plan to move HQ to Nashville, Tennessee

2 days ago

Meta Declines On Heavy AI Spending Plans, Despite Strong Q1

Share price hit after Meta admits heavy AI spending plans, after posting strong first quarter financial results

2 days ago

Google Delays Removal Of Third-Party Cookies, Again

For third time Google delays phase-out of third-party Chrome cookies after pushback from industry and British regulator

2 days ago

Tesla Posts Biggest Revenue Drop Since 2012

Elon Musk firm touts cheaper EV models, as profits slump over 50 percent in the face of falling sales and…

2 days ago

Apple iPhone Q1 Sales In China Fall 19 Percent, Says Counterpoint

Bad news for Tim Cook, as Counterpoint records 19 percent fall in iPhone sales in China during first three months…

2 days ago

President Biden Signs TikTok Ban Or Divest Bill Into Law

TikTok pledges to challenge 'unconstitutional' US ban in the courts, after President Joe Biden signs ban or divest bill into…

2 days ago

UK CMA Seeks Feedback On Microsoft, Amazon AI Partnerships

British regulator invites feedback on major partnerships Microsoft and Amazon have struck with smaller AI firms

3 days ago

Google Fires More Staff Over Israel Protest

Another 20 staff have been fired by Google over Israel protest and their “completely unacceptable behaviour”

3 days ago

Australian PM Hits Out At Elon Musk Over Knife Attack Video

Censorship row brewing down under, after the Australian Prime Minister calls Elon Musk an 'arrogant billionaire'

3 days ago

US SEC Seeks $5.3 Billion Fine From Terra’s Do Kwon

Financial regulator asks New York judge to impose $5.3 billion in fines against Terraform Labs and Do Kwon in civil…

3 days ago

Microsoft Launches Smallest AI Model, Phi-3-mini

Lightweight artificial intelligence model launched this week by Microsoft, offering more cost-effective option for Azure customers

3 days ago

US Senate Passes TikTok Ban Or Divestment Bill

ByteDance protest falls on deaf ears, as Senate passes TikTok ban or divest bill, with President Biden expected to sign…

3 days ago

Raimondo Downplays Huawei Smartphone Chip

US Commerce Secretary Gina Raimondo says Huawei's flagship smartphone chip 'years behind' US technology, shows export controls working

4 days ago

Cloud Companies Reject Broadcom VMware Pricing Changes

Cloud companies, business user groups say Broadcom price changes do not address their concerns, as European Commission investigates

4 days ago

UK Lawsuit Claims Grindr Shared HIV Status

Dating app Grindr sued over claims it shared sensitive user data, including HIV status, with third parties for advertising purposes

4 days ago

Meta Opens Quest VR OS To Third Party Gadget Makers

Meta Platforms opens operating system behind Quest virtual reality headsets to third parties amidst competition from Apple, Sony

4 days ago

EU Prepares Action Against ‘Addictive’ TikTok Lite Features

European Commission may ban rewards feature in recently launched TikTok Lite that it calls 'toxic and addictive'

4 days ago

TikTok Says New US Ban Effort Would ‘Trample Free Speech’

US House of Representatives passes new bill combining TikTok measures with foreign aid, may face speedy Senate approval

5 days ago

Tesla Cuts Prices Across Major Markets

Tesla cuts prices in US, China, Germany, other major markets as it faces intensifying competition, slowing sales

5 days ago

Trump Media Warns Of ‘Potential Market Manipulation’

Shares in Trump social media platform owner rise after chief executive warns of 'naked' short sellers trying to manipulate stock…

5 days ago

EU Set To Approve Apple Plan For Opening NFC Access

European Commission reportedly set to approve Apple proposal for providing rivals access to iPhone, iPad contactless tech

5 days ago

TSMC Shocks Investors With Lower Chip Growth Forecast

TSMC pulls back on forecast of global chip industry growth for 2024, stirring concerns around expected recovery this year

5 days ago

Google Shifts Rules For Contract Firms Amidst Labour Battle

Google removes benefits requirements for contract firms as US labour board seeks to force union negotiations

5 days ago

Group Supporting Women In Tech Abruptly Closes

Non-profit group Women Who Code shuts down abruptly after losing 'critical' funding sources, in blow for tech diversity push

5 days ago

Netflix Reports Profits Surge, But Forecast Disappoints

Netflix shares slump as it reports profit surge but says it will stop reporting subscriber metrics next year

5 days ago

Tesla Recalls Thousands Of Cybertrucks Over Accelerator Fault

Tesla recalls 3,878 Cybertrucks over safety issue that could cause accelerator pedal to become stuck, increasing crash risk

5 days ago

Google Consolidates DeepMind And AI Research Teams

AI push sees Alphabet's Google saying it will consolidate its AI teams in its Research and DeepMind divisions

1 week ago