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Sprint to Acquire Clearwire For $2.2 Billion

Sprint has entered into a definitive agreement to acquire the approximately 50 per cent stake in Clearwire it does not currently own, for $2.97...

Paris-Based Criteo Raises $40M

Display advertising company Criteo  has completed a roughly $40 million (€30 million) round of financing led by SoftBank Capital. The Series D round pegs the company...

T-Mobile Names John Legere CEO

Deutsche Telekom, the parent company of T-Mobile USA, has appointed John Legere, a 32-year veteran of the U.S. and global telecommunications and technology industries,...

Oracle Buys Xsigo

Oracle has entered into an agreement to acquire Xsigo Systems, a provider of network virtualization technology. Xsigo’s software-defined networking technology simplifies cloud infrastructure and operations...

Music Website Popdust Raises $4.5M

Popdust, a pop music website, has announced completion of a $4.5 million Series A Preferred Share fund raise led by New Enterprise Associates. RRE Ventures, SoftBank...

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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.