December 19, 2024

Accelerating AI innovation through application modernization

Business applications powered by AI are revolutionizing customer experiences, accelerating the speed of business, and driving employee productivity. In fact, according to research firm Frost & Sullivan’s 2024 Global State of AI report, 89% of organizations believe AI and machine learning will help them grow revenue, boost operational efficiency, and improve customer experience. Take for…

PowerSchool, provider of K-12 education software, to go private in $5.6B deal

June 7, 2024

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 […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Shopify acquires Threads (no, not that one)

June 7, 2024

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 […]

© 2024 TechCrunch. All rights reserved. For personal use only.

This AI-powered “black box” could make surgery safer

June 7, 2024
The first time Teodor Grantcharov sat down to watch himself perform surgery, he wanted to throw the VHS tape out the window.   “My perception was that my performance was spectacular,” Grantcharov says, and then pauses—“until the moment I saw the video.” Reflecting on this operation from 25 years ago, he remembers the roughness of…

Carta’s valuation to be cut by billions in an upcoming secondary sale

June 7, 2024

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 […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Boeing’s Starliner overcomes leaks and engine trouble to dock with ‘the big city in the sky’

June 6, 2024

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 […]

© 2024 TechCrunch. All rights reserved. For personal use only.