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VMware announces key alliances, says working on IoT offerings

VMware announced key alliances in the Internet of Things (IoT) space. The company says it is working with Bayshore Networks, Dell, Intwine Connect, Deloitte...

Intel Buys Powerwave Patent Portfolio

Intel has signed a definitive agreement to buy over 1,400 patents and patent applications from an affiliate of the Gores Group, which obtained the patents in the Chapter 11 bankruptcy of telecommunications infrastructure company Powerwave Technologies.

Yahoo Reports Fourth Quarter And Full Year 2013 Results

Yahoo reported fourth quarter and full year 2013 results on Tuesday. The company's revenue was $1,266 million for the fourth quarter of 2013, a...

Toshiba Acquires OCZ Solid State Drive Business For $35M

Toshiba will acquire the assets, including the client and enterprise solid state drive business of OCZ Technology Group, for $35 million, in a chapter...

Kodak Seeks Approval For Rights Offering

Subject to court approval, key Eastman Kodak creditors have agreed to backstop a $406 million rights offering for common stock in the company upon...

Recent posts

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.