TechTaffy

tech:

taffy

LinkedIn Picks Up SlideShare For $119M

By TechTaffy Desk

[Techtaffy Newsdesk]

LinkedIn has agreed to acquire professional content sharing community SlideShare. The transaction is valued at approximately $118.75 million, subject to adjustment, in a combination of approximately 45 percent cash and approximately 55 percent stock. Subject to the completion of customary conditions, the acquisition is expected to close during the second quarter of 2012.

Deep Nishar (Senior vice president, Products & User Experience, LinkedIn): This acquisition means good things to professionals everywhere.

SlideShare was founded in October 2006 by Rashmi Sinha, a cognitive neuropsychologist, and former researcher at UC Berkeley. SlideShare users have uploaded more than nine million presentations, and according to comScore, in March SlideShare had nearly 29 million unique visitors, ranking it among the most heavily trafficked sites for professional content. Nearly 7.4 million presentations hosted by SlideShare are embedded across more than 1.4 million unique domains, says the company.

[Image Courtesy: LinkedIn]

Just in

Around the web

ChatGPT search tool vulnerable to manipulation and deception, tests show — The Guardian

OpenAI’s ChatGPT search tool may be open to manipulation using hidden content, and can return malicious code from websites it searches, a Guardian investigation has found; writes Nick Evershed. 
Public Sector

SAIC secures $170.9M cybersecurity contract with Texas Department of Information Resources

Science Applications International Corp. (SAIC) has been awarded a $170.9 million contract by the Texas Department of Information Resources (DIR) to provide cybersecurity services.
Series A

Infinant raises $15M

Charlotte, NC-based Infinant, a bank platform provider, has raised $15 million in a Series A funding round.
AI

Lockheed Martin partners with IBM to enhance AI tools for defense applications

Lockheed Martin is integrating IBM’s Granite large language models (LLMs) into its AI Factory.
IT

Zettabyte, Foxconn ink data center partnership

Zettabyte, a company specializing in AI data center software and infrastructure, has entered into a partnership with Hon Hai Technology Group (Foxconn).