Technology
Palo Alto Networks to Acquire CyberArk in $25 Billion Cybersecurity Deal
Palo Alto Networks has announced plans to acquire Israeli identity security firm CyberArk in a deal valued at approximately $25 billion. Under the agreement, CyberArk shareholders will receive $45...
Eli Lilly’s Mounjaro Shows Heart Health Benefits Over Trulicity in Landmark Trial
Eli Lilly announced that its diabetes drug Mounjaro has demonstrated heart health benefits in...
Best Buy to Launch Ikea Mini-Showrooms in Select Stores
Best Buy announced plans to introduce mini-showrooms within some of its stores, featuring Ikea...
JPMorgan Chase Expands with 1,000 New Branches in Seven Years
JPMorgan Chase has opened 1,000 new branches over the past seven years, a number...
Moderna Announces 10% Workforce Reduction Amid Declining Covid Vaccine Sales
Moderna announced plans to reduce its global workforce by about 10% by the end...
Samsung Warns of Tariff-Driven Uncertainty Despite Solid First-Quarter Profit
Samsung Electronics issued a warning about increasing global trade uncertainties, noting that U.S. tariffs could dampen demand for products like smartphones and complicate future...
TikTok Dominates Short-Form Video Market Amid Growing Competition
TikTok’s dominance in the short-form video market is becoming increasingly apparent, with the app now boasting over 1.12 billion active users worldwide. Since its...
Meta’s AI Strategy Faces Tariff Risks and Investor Scrutiny
Meta’s plan to dominate the artificial intelligence (AI) market is being closely watched as the company prepares for its earnings report this week. A...
Fintech Stocks Face Uncertainty Ahead of Earnings Reports Amid Tariff Concerns
The upcoming earnings reports for PayPal, Block, and Affirm are generating investor anxiety as these fintech giants are closely tied to consumer spending, which...
IBM to Invest $150 Billion in U.S. Manufacturing and AI Advancements
IBM has committed to investing $150 billion in the U.S. over the next five years, with more than $30 billion dedicated to advancing the...
Veza Raises $108 Million to Expand AI-Powered Access Management Solutions
Veza, a software company specializing in managing internal technology access within organizations, has raised $108 million in a funding round led by New Enterprise...
Palo Alto Networks to Acquire Protect AI for Enhanced AI Security
Palo Alto Networks has announced its plans to acquire Protect AI, a startup focused on securing artificial intelligence (AI) and machine learning (ML) applications,...
Spotify Pays Over $100 Million to Podcast Creators in Q1 2025
In the first quarter of 2025, Spotify paid more than $100 million to podcast creators across the globe, demonstrating the platform’s significant investment in...
Palantir Surges Amid Tech Struggles in 2025, Outperforming Rivals
In 2025, tech stocks have faced significant challenges, with concerns about recession and trade wars dampening investor confidence in riskier assets. However, Palantir has...
Google Spends $8.27 Million on Sundar Pichai’s Security in 2024
In 2024, Google spent $8.27 million on personal security for CEO Sundar Pichai, marking a nearly 22% increase from $6.78 million in 2023, according...
U.S. Risks Falling Behind China in Quantum Computing Race, Microsoft Warns
Microsoft President Brad Smith has warned that the United States must act swiftly to maintain its lead in the global race for quantum computing...
NXP Semiconductors Faces Decline After CEO Announces Retirement
NXP Semiconductors experienced a 7% drop in its stock price following the announcement that CEO Kurt Sievers will retire at the end of the...
Oracle’s Software Outage Causes Temporary Disruption in Health Systems
Oracle engineers accidentally triggered a five-day software outage at several hospitals within the Community Health Systems (CHS) network, forcing the facilities to revert to...
Amazon Launches First Batch of Kuiper Satellites to Revolutionize Internet Connectivity
Amazon successfully launched the first batch of its Kuiper internet satellites into space on Monday, after a prior attempt was delayed due to bad...