Bloomberg : Palo Alto Networks has agreed to buy CyberArk Software in a cash-and-stock deal valuing the Israeli cybersecurity company at ...
Palo Alto Networks has agreed to buy CyberArk Software in a cash-and-stock deal valuing the Israeli cybersecurity company at about $25B — Palo Alto Networks Inc. agreed to buy CyberArk Software Ltd. in a cash-and-stock deal valuing the Israeli cybersecurity company at about $25 billion.
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Sources: Amazon is paying $20M to $25M a year to use NYT's editorial content in a multi-year deal for its AI platforms, which is ~1% of NYT's total 2024 revenue — The multiyear deal lets Amazon use content from the Times's news and cooking sections and the Athletic
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RD Technologies, which is developing a stablecoin backed by Hong Kong dollar, raised $40M ahead of HK's stablecoin licensing regime set to take effect on Aug. 1 — - RD Technologies announced today that it has completed its $40 million series A2 funding round.
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Ramp raised a $500M Series E-2 led by Iconiq Growth at a $22.5B valuation, says it has 40,000+ businesses as clients, with $700M in annualized revenue in March — Startup raises $500 million to further develop AI-based agents, CEO says — Ramp, a startup that uses artificial intelligence …
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TikTok adds new safety features, including enhanced parental controls, and publicly launches Footnotes, its Community Notes-like feature, in the US — TikTok announced on Wednesday that it's releasing a slew of new features, including enhanced parental controls, additional tools for creators, and a new interactive wellbeing feature.
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Substack apologizes after sending a push alert encouraging some users to subscribe to NatSocToday, a Nazi newsletter advocating for a “White homeland” — The alert contained a swastika and prompted users to subscribe to newsletter featuring opinions and news important to the “white nationalist community.”
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Indonesia raises taxes on crypto sellers, from 0.1% to 0.21% in domestic exchanges, and from 0.2% to 1% in overseas exchanges, but removes VAT on buyers — Indonesia will raise taxes on cryptocurrency transactions, with a higher rate on trades hosted by overseas bourses, starting from August 1 …
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Sources: the US intelligence community persuaded the DOJ that allowing the HPE-Juniper merger was essential to US national security and competing with Huawei — - The official said blocking the deal would have “hindered American companies and empowered” Chinese competitors.
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Sources: Revolut considers buying a US bank to get an American banking license to expand lending capabilities, a faster route than applying for its own permit — Acquisition would be faster route for fintech to start lending in US than applying for permit of its own
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Klarna gets an electronic money institution license for its UK division, which could let it directly compete with Revolut and Monzo for retail bank customers — Klarna Group Plc said it has received an electronic money institution license for its UK division, which could lay the ground work …
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Italy opens a probe into Meta, says it may have violated EU competition rules by integrating its Meta AI assistant into WhatsApp without user consent — Italy's antitrust authority said on Wednesday it had launched an investigation into Meta Platforms (META.O) over allegations the company abused …
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Sources: Bank of England governor blocked a meeting arranged by UK Chancellor between regulators and Revolut to discuss Revolut's full banking authorization — Chancellor's aim to discuss fintech becoming fully fledged bank thwarted by BoE governor — Bank of England governor Andrew Bailey intervened …
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YouTube will now allow videos with strong profanity in the first seven seconds to be fully monetized, reversing previous restrictions that limited ad revenue — Videos that use the F-word in the first seven seconds are now eligible for full ad revenue.
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A look at Russia's coordinated crackdown on foreign tech services and shift to state-backed alternatives, as it names VK's Max its national messaging app — A coordinated effort is underway to crack down on foreign tech services and build up domestic options controlled by the government.
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Google says it will sign the EU's code of practice for AI, in a boost to EU's efforts to regulate AI in the face of opposition from Meta and pressure from US — Move set to boost efforts to regulate artificial intelligence in face of opposition from Meta and pressure from US
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The US-China trade war has spurred demand for Vietnamese companies that produce chip components like wafers, as Vietnam scales up its semiconductor ambitions — Vietnamese chip component suppliers are responding to growing market demands for products with no Chinese link.
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A look at OneChronos, as it seeks to create “smart markets” that would allow firms to trade GPU compute like other commodities, such as electricity and oil — OneChronos teamed up with prize-winning economist Paul Milgrom of Auctionomics to develop the world's first financial market for GPU compute.
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China showcased many of the initiatives for AI self-sufficiency at Shanghai's World AI Conference, as it invests heavily in power generation and skills training — As Washington tries to limit China's progress, Beijing is spending more to build AI that doesn't rely on U.S. technology
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An inside look at ex-unicorn Builder.ai's demise, which oversold its AI platform's abilities and frustrated customers with delivery delays and buggy products — The implosion of a white-hot startup has employees asking how it all went wrong. — Karthik started working as a “productologist” for Builder.ai in 2022.
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Israel-based Teramount, which develops fiber-to-chip interconnect tools for AI infrastructure chips, raised a $50M Series A led by Koch Disruptive Technologies — Israeli startup's optical tech promises 100x data speeds and 70% power savings. — Fiber Optics — Teramount — Funding
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A US trade group for 30+ fintechs and aggregators says JPMorgan's plan to charge for data access could cost some firms 60% to over 100% of their annual revenue — Start-ups say having to pay for consumer's financial information would run them out of business
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The judge in Elon Musk's OpenAI lawsuit strikes down 16 of OpenAI's 55 affirmative defenses, accuses both sides of “gamesmanship” and over-litigating the case — - The judge in Elon Musk's racketeering lawsuit against Sam Altman chastised both sides on Tuesday.
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Worldline reports Q2 revenue down 4.4% YoY to €1.14B and a net loss of €4.2B for H1 2025, after booking a €4.1B impairment tied to merchant services business — French payments provider Worldline SA booked a €4.1 billion ($4.7 billion) impairment tied to its merchant services business …
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Sources: the US Commerce Department is discussing charging patent holders 1%-5% of their patent value, a radical move likely to spark pushback from businesses — Commerce Department officials discuss new fee based on patent value, which could fuel backlash from businesses
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Sources: Mark Zuckerberg's aim with the Superintelligence Labs is to create a start-up-like unit within Meta that is unencumbered by the company's bureaucracy — Meta has splashed out on star hires and infrastructure as it tries to make up ground in the artificial intelligence race
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