Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Dropbox bets on AI and simpler pricing to revive growth, RBC says
RBC says Dropbox's Teams product is growing again after two-plus years of declines. The company is simplifying pricing and testing AI-automa
Netskope's AI security bet lifts revenue and customer retention
Netskope's fiscal Q2 results beat expectations, with revenue up 29% and net new annual recurring revenue back to 9% growth. Morgan Stanley s
PayPal cuts 220 India jobs in push for $400M savings by year-end
PayPal has cut about 220 jobs in India as part of a broader cost-saving overhaul. The company aims to save $400 million by year-end, leaning
BUUU Group buys 60% of prefab data center builder Brightray
BUUU Group is buying 60% of Brightray Science, a prefabricated data center builder, using stock and a convertible note. The deal also includ
Swish Ventures closes $250M fund backed by Sequoia, US pensions
Swish Ventures, the Israeli VC founded by former NBA player Omri Casspi, has closed a $250 million third fund. Backed by Sequoia Capital and
Nvidia's $12.93B Hugging Face deal leads a busy day of M&A
Nvidia's $12.93 billion deal for Hugging Face leads a busy M&A day, highlighting the AI battle's shift from chips to developer ecosystems. T
Zero-coupon convertibles: AI's new $72B funding fuel
AI companies are raising billions with zero-coupon convertible bonds, issuing $72B this year. Investors accept no interest in exchange for u
Nvidia in talks to buy Hugging Face for $12.93 billion, Reuters reports
Nvidia is reportedly in talks to buy Hugging Face for $12.93 billion, a move that would deepen its connection to developers using open AI mo
PlusAI to go public via $800M SPAC merger with Texas Ventures
PlusAI, a maker of autonomous trucking software, is set to go public by merging with SPAC Texas Ventures Acquisition III. The deal values th
VodafoneThree launches TV bundle and £3 5G slicing add-on in UK
VodafoneThree has launched a new Vodafone TV bundle in Britain, including Netflix and HBO Max, and a £3-a-month SuperMobile add-on that uses
China's five-year plan puts 'little giants' at the heart of growth push
China's new five-year plan boosts lending and patient capital for 'little giants' SMEs, aiming to drive growth through 2030. Here's what it
India Halts Alipay+ UPI Link Over Security Concerns
India has paused Alipay+'s plan to connect with UPI, citing national security concerns. The move affects cross-border payments for travelers