Nvidia Pulls Ahead of Apple and Microsoft to Become the World’s First $4 Trillion Public Company
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US healthcare giant Norton says hackers stole millions of patients’ data during ransomware attack
Kentucky-based non-profit healthcare system Norton Healthcare has confirmed that hackers accessed the personal data of millions of patients and employees during an earlier ransomware attack. Norton operates more than 40 clinics and hospitals in and around Louisville, Kentucky, and is the city’s third-largest private employer. The organization has more than 20,000 employees, and more than […]
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After year-long search, Strava appoints YouTube exec Michael Martin as new CEO
Strava has finally announced who its next CEO will be, almost a year after confirming that co-founder Michael Horvath was leaving the hotseat for a second time. Michael Martin will start his new role at Strava on January 2, 2024, leaving his current role as general manager at YouTube’s shopping unit. Martin previously served in […]
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PwC is acquiring Surfaceink, the hardware designer that was once a close partner of Apple’s
A lesser-known but significant player in the Silicon Valley tech world is getting acquired today — a move that underscores the changing economics in the world of hardware, and who wants to get more involved in that space. Surfaceink, a company that got its start as Apple’s key hardware engineering partner after the return of […]
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Mistral AI, a Paris-based OpenAI rival, closed its $415 million funding round
French startup Mistral AI has officially closed its much anticipated Series A funding round. The company has raised €385 million, or $415 million at today’s exchange rate — according to Bloomberg, it values the company at roughly $2 billion. Mistral AI is also opening up its commercial platform today. As a reminder, Mistral AI raised […]
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TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business
ByteDance’s TikTok will take a 75.01% controlling stake in a joint venture entity formed in partnership with GoTo’s e-commerce unit Tokopedia, the two tech firms announced on Monday. TikTok will invest $1.5 billion in the combined entity over time “to provide future funding required by the business, without any additional dilution to GoTo’s 24.99% stake,” […]
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Amazon loses second AWS India and South Asia top exec in less than a year
Vaishali Kasture, the executive Amazon appointed as the interim head of AWS India and South Asia, has quit the firm, a source familiar with the matter told TechCrunch, merely seven months into the top role. Amazon didn’t immediately respond to a request for comment by email and phone. Amazon counts India as one of its […]
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US-China tech war escalates over EV battery dominance
Semiconductors have in recent years become a focal point in the U.S.’s efforts to impede China’s technological advancement. Now Washington has its eye on yet another red-hot tech sector where China is making great strides: batteries for electric vehicles. Earlier this month, the Departments of Treasury and Energy proposed rules that would limit electric vehicle […]
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