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Nokia Buys Out Siemens For $2.2B In Networks JV

Nokia and Siemens have entered into a definitive agreement, according to which Nokia acquires Siemens' entire 50 per cent stake in their joint venture,...

Pitney Bowes Appoints Joe Schmitt CIO

Pitney Bowes has appointed Joe Schmitt as vice president and chief information officer of the company. Mr. Schmitt was also elected an officer of...

Oracle Releases Oracle’s PeopleSoft 9.2

Oracle has released PeopleSoft Human Capital Management 9.2, PeopleSoft Financials 9.2, and Supply Chain Management 9.2. PeopleSoft 9.2 includes more than 1,000 new features, functions,...

Medikly Raises $1.2M

Medikly, a New York-based software-as-a-service (SaaS) technology provider for pharmaceutical brands and agencies, has closed a $1.2 million Series A round of funding. The...

Vic Bhagat Joins EMC As EVP, Corporate Services & CIO

20-year GE-veteran Vic Bhagat has joined EMC as executive vice president, Corporate Services, and chief information officer. Reporting to Howard Elias, EMC's president and...

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Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.