Vancouver, Canada, 18th March 2025, Chainwire
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632 Views
Acquisition
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Google acquires cloud security startup Wiz for $32 billion, its biggest deal ever
Google has agreed to acquire New York-based cloud security startup Wiz for a $32 billion all-cash deal, making its biggest acquisition yet. Announced Tuesday, the agreement is aimed at strengthening Google’s cloud business as AI-driven security threats become more sophisticated. […]
1.3K Views
Limassol, Cyprus, 18th March 2025, Chainwire
547 Views
Palo Alto, USA, 18th March 2025, CyberNewsWire
608 Views
London, United Kingdom, 18th March 2025, Chainwire
506 Views
Hong Kong, Hong Kong, 18th March 2025, Chainwire
726 Views
Editor Choices
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Layoff
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Amazon plans to lay off 14,000 managerial positions to save $3.5 billion annually
Amazon is set to cut around 14,000 managerial positions by early 2025, aiming to save between $2.1 billion and $3.6 billion annually. This reduction marks a 13% drop in Amazon’s global management workforce, shrinking the number of managers from 105,770 […]
104.8K Views
Artificial Intelligence
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SaaS
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Will AI agents replace SaaS? Why the future is more complex than you think
Remember when mobile apps were supposed to kill web software? Or when no-code tools were expected to make developers obsolete? Every few years, a new “SaaS killer” appears—and every time, SaaS just gets stronger. Now, the latest panic is about […]
7.2K Views
Victoria, Seychelles, 17th March 2025, Chainwire
474 Views
Miami, FL, 17th March 2025, Chainwire
627 Views
Acquisition
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FoodTech
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Startup Spotlight
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PepsiCo acquires healthy prebiotic soda startup Poppi for $1.95 billion
PepsiCo has acquired Poppi, the prebiotic soda startup known for its healthier beverage options, in a deal valued at $1.95 billion. The net purchase price is $1.65 billion after factoring in $300 million in expected cash tax benefits. This move […]
1.8K Views
Artificial Intelligence
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Google partners with MediaTek to build cheaper AI chips, joining tech giants moving to reduce their reliance on Nvidia
Google is partnering with Taiwan’s MediaTek to develop the next version of its AI chips, Tensor Processing Units (TPUs), set for production next year, according to a report from The Information, citing three sources familiar with the matter. Despite this […]
3.2K Views
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FinTech
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Buy now, pay later startup Klarna files for U.S. IPO as valuation rebounds to $15 billion
Four months after it confidentially submitted IPO documents to the Securities and Exchange Commission (SEC), Swedish fintech startup Klarna has officially filed to go public on the New York Stock Exchange under the ticker symbol KLAR. Klarna, known for its […]
829 Views
Featured
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Space
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NASA astronauts stranded for 9 months on ISS set to return to earth tomorrow on SpaceX’s Crew Dragon
After spending an unexpected nine months aboard the International Space Station (ISS), NASA astronauts Butch Wilmore and Suni Williams are finally coming back to Earth on Tuesday, March 18, 2025. Their return follows the successful docking of SpaceX’s Dragon spacecraft, […]
2.1K Views
Amsterdam, Netherlands, 17th March 2025, CyberNewsWire
532 Views
Chicago, United States, 17th March 2025, Chainwire
580 Views
Frankfurt am Main, Germany, 17th March 2025, CyberNewsWire
629 Views
The New York State Energy Research and Development Authority (NYSERDA) today announced $5 million is now available to support innovative building solutions in New York that can be demonstrated in existing single-family, multifamily, and small to medium commercial buildings. Today’s […]
874 Views
Artificial Intelligence
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The race to the bottom in AI: Why AI model providers like OpenAI face a commoditization crisis amid falling costs
“The cost to use a given level of AI capability falls by about 10x every 12 months,” OpenAI’s CEO said in a 15-page proposal to the White House, highlighting the urgency to maintain America’s edge in the AI race. It’s […]
1.4K Views
Two months after scrapping third-party fact-checking on Facebook and Instagram, the company announced that its upcoming Community Notes feature will use open-source technology from Elon Musk’s X. The decision is part of Meta’s new approach to tackling misinformation. Community Notes […]
776 Views