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...
KindlyMD Merges with Nakamoto Holdings in $710M Crypto Deal
Shares of KindlyMD soared by 250% on Monday following the announcement of its merger with Nakamoto Holdings, a bitcoin investment company founded by David...
Trump Sons’ Bitcoin Mining Company Set to Go Public via Merger
A bitcoin mining company backed by President Donald Trump's sons, Eric Trump and Donald Trump Jr., is set to go public on the Nasdaq...
Trump Talks to Tim Cook as U.S. and China Suspend Tariffs
President Donald Trump shared that he had spoken with Apple CEO Tim Cook following the announcement that the U.S. and China had agreed to...
Perplexity AI in Talks for $500 Million Raise at $14 Billion Valuation
Perplexity AI is in advanced discussions to raise $500 million in funding, with a valuation of $14 billion. Accel, a venture capital firm based...
Coinbase Joins S&P 500, Replacing Discover Financial Services
Coinbase is set to join the S&P 500, replacing Discover Financial Services, as announced on Monday. The change will take effect before the market...
Samsung Galaxy S25 Edge: A Thin, High-End Smartphone to Compete in 2025
On Tuesday, Samsung unveiled its latest high-end device, the Galaxy S25 Edge, a remarkably slim smartphone measuring just 5.8 millimeters in thickness and weighing...
Fintech Firms Face Challenges as Interest Rates Decline
In 2022, financial technology (fintech) firms were among the hardest hit by rising interest rates from global central banks, leading to a decline in...
SoftBank Vision Fund Reports Loss Amid Declining Tech Investments
SoftBank's Vision Fund posted a loss for the fiscal year ending in March, marking a slowdown in the performance of its massive tech investment...
Dubai Partners with Crypto.com to Enable Cryptocurrency Payments for Government Fees
Dubai’s Department of Finance has entered into a strategic partnership with Crypto.com, allowing government service fees to be paid using cryptocurrencies. The agreement, signed...
Lyft Surges 28% After Strong Results and Boosted Share Buyback Plan
Lyft's stock surged 28% following the release of better-than-expected results for the first quarter, marking its best day since February 2024. The ride-sharing company...
Digital Advertising Sector Thrives Amid Economic Concerns
The digital advertising market had a strong performance this past quarter, providing a potential final surge before a challenging economic climate, driven by President...
Bitcoin Surges Past $100,000 Amid Strong Week for Ether
Cryptocurrencies extended their gains to close the week with bitcoin maintaining a steady position above the $100,000 mark, while ether experienced its most significant...
Fortnite Resubmitted to Apple’s App Store After Legal Victory
Epic Games announced on Friday that it has submitted Fortnite to the Apple App Store, marking a significant development in the ongoing legal dispute...
Rippling Hits $16.8 Billion Valuation After New Funding Round
Human resources software company Rippling announced a significant funding milestone, reaching a valuation of $16.8 billion in its latest fundraising round. The San Francisco-based...
