Cloud-based education software vendor PowerSchool is being taken private by investment firm Bain Capital in a $5.6 billion deal. The announcement comes amid a swathe of take-private deals led by private equity firms seeking a bargain on under-performing enterprise software firms. Founded in 1997, PowerSchool is a web-based platform that helps educational institutions manage areas […]
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Shopify has acquired Threads.com, the Seqiuoa-backed Slack alternative, Threads said on its website. The companies didn’t disclose the terms of the deal but said that the Threads.com team will join Shopify. Threads added that after the launch of Meta’s social network with the same name last year, the startup had “the opportunity to sell our […]
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Two senior police officials in Bangladesh are accused of collecting and selling citizens’ personal information to criminals on Telegram.
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Carta, a once-high-flying Silicon Valley startup that loudly backed away from one of its businesses earlier this year, is working on a secondary sale that would value the company at $2 billion, TechCrunch has learned. Carta is working with the investment bank Jeffries on the sale and initially hoped to find demand for the offering […]
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Boeing’s Starliner spacecraft has successfully delivered two astronauts to the International Space Station, a key milestone in the aerospace giant’s quest to certify the capsule for regular crewed missions. Starliner safely docked at 10:34 AM Pacific Time. After taking some time to equalize pressure between Starliner and the station, the hatch opened at around 12:46 […]
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