Liana Baker
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Getty Images to Acquire Shutterstock to Create $3.7 Billion Firm
Getty Images Holdings Inc. agreed to acquire rival stock-photo provider Shutterstock Inc.. Getty Images offers to pay about $28.85 (roughly Rs. 2,476) in cash, or roughly 13.67 Getty Images shares for each Shutterstock share, according to a statement on Tuesday.
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Apollo Global Said to Offer $5 Billion Investment in Intel
Apollo Global Management has offered to make a multibillion-dollar investment in Intel Corp. The development comes as San Diego-based Qualcomm floats a friendly takeover of Intel, people with knowledge of the matter said on Saturday, raising the prospect of one of the biggest-ever M&A deals.
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ChatGPT Still Not Meeting Data Accuracy Standards, EU Data Protection Board Says
OpenAI's efforts to reduce false information being generated by its ChatGPT chatbot are not sufficient to comply with the data accuracy principle, according to the EU's privacy watchdog. Data accuracy is one of the guiding principles of the EU's set of data protection rules, and the EU personal data protection board set up the task force on ChatGPT...
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Wearable AI Startup Humane Said to Be Exploring Potential Sale After Rocky Launch of AI Pin
Artificial intelligence startup Humane has been seeking a buyer for its business, according to people familiar with the matter, just weeks after the company’s closely watched wearable AI device had a rocky public launch.
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VMware-Broadcom Deal Worth $61 Billion Said to Move Ahead as Go-Shop Period Ends
Broadcom $61 billion (nearly Rs. 4.8 lakh crore) deal for VMware will move forward after a rival bidder failed to emerge to break up the deal during its so-called “go-shop” period, according to people familiar with the matter. VMware had until 11:59 PM Pacific time Tuesday (12:29 AM IST Wednesday) to solicit other bids, according to the deal an...
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The Secretive Family Man Who Looks After Elon Musk's Billions
Dig up dirt on an enemy. Done. Arrange massive loans. Sure. Hire bodyguards, sell homes and lead--at least on paper--a billion-dollar neurotechnology company. No problem, boss. So it goes for Jared Birchall, who serves as Elon Musk's right hand man.
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Nvidia Said to Be in Advanced Talks to Buy SoftBank’s Chip Company Arm
Nvidia is in advanced talks to acquire ARM, the chip designer that SoftBank Group bought for $32 billion four years ago, according to people familiar with the matter.
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Broadcom Said to Make Progress on Symantec Deal With Financing, Savings
Broadcom has secured financing and identified cost savings for the acquisition of Symantec, according to people familiar with the matter.
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HP Enterprise Nears Deal to Buy Supercomputer Pioneer Cray
Hewlett Packard Enterprise has agreed to buy US supercomputer maker Cray, in a deal valued at about $1.4 billion.
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Getty Images to Acquire Shutterstock to Create $3.7 Billion Firm
Getty Images Holdings Inc. agreed to acquire rival stock-photo provider Shutterstock Inc.. Getty Images offers to pay about $28.85 (roughly Rs. 2,476) in cash, or roughly 13.67 Getty Images shares for each Shutterstock share, according to a statement on Tuesday.
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Apollo Global Said to Offer $5 Billion Investment in Intel
Apollo Global Management has offered to make a multibillion-dollar investment in Intel Corp. The development comes as San Diego-based Qualcomm floats a friendly takeover of Intel, people with knowledge of the matter said on Saturday, raising the prospect of one of the biggest-ever M&A deals.
-
ChatGPT Still Not Meeting Data Accuracy Standards, EU Data Protection Board Says
OpenAI's efforts to reduce false information being generated by its ChatGPT chatbot are not sufficient to comply with the data accuracy principle, according to the EU's privacy watchdog. Data accuracy is one of the guiding principles of the EU's set of data protection rules, and the EU personal data protection board set up the task force on ChatGPT...
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Wearable AI Startup Humane Said to Be Exploring Potential Sale After Rocky Launch of AI Pin
Artificial intelligence startup Humane has been seeking a buyer for its business, according to people familiar with the matter, just weeks after the company’s closely watched wearable AI device had a rocky public launch.
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VMware-Broadcom Deal Worth $61 Billion Said to Move Ahead as Go-Shop Period Ends
Broadcom $61 billion (nearly Rs. 4.8 lakh crore) deal for VMware will move forward after a rival bidder failed to emerge to break up the deal during its so-called “go-shop” period, according to people familiar with the matter. VMware had until 11:59 PM Pacific time Tuesday (12:29 AM IST Wednesday) to solicit other bids, according to the deal an...
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The Secretive Family Man Who Looks After Elon Musk's Billions
Dig up dirt on an enemy. Done. Arrange massive loans. Sure. Hire bodyguards, sell homes and lead--at least on paper--a billion-dollar neurotechnology company. No problem, boss. So it goes for Jared Birchall, who serves as Elon Musk's right hand man.
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Nvidia Said to Be in Advanced Talks to Buy SoftBank’s Chip Company Arm
Nvidia is in advanced talks to acquire ARM, the chip designer that SoftBank Group bought for $32 billion four years ago, according to people familiar with the matter.
-
Broadcom Said to Make Progress on Symantec Deal With Financing, Savings
Broadcom has secured financing and identified cost savings for the acquisition of Symantec, according to people familiar with the matter.
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HP Enterprise Nears Deal to Buy Supercomputer Pioneer Cray
Hewlett Packard Enterprise has agreed to buy US supercomputer maker Cray, in a deal valued at about $1.4 billion.
