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Category Archives: Tech
AMD announces $6 billion buyback; shares climb 6%
The authorization is in addition to $4 billion in existing approved share repurchases, the company said.
Tensor9 helps vendors deploy their software into any environment using digital twins
Enterprises want access to new software and AI tools but can’t risk sending their sensitive data out to a third-party software-as-a-service (SaaS) providers. Tensor9 looks to help software companies land more enterprise customers by helping them deploy their software directly … Continue reading
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Databricks to buy open-source database startup Neon for $1B
Data analytics platform Databricks said on Wednesday that it has agreed to acquire Neon, a startup building an open source alternative to AWS Aurora Postgres, for about $1 billion. Databricks said acquiring Neon’s tech would let it combine the startup’s … Continue reading
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Perplexity partners with PayPal for in-chat shopping as AI race heats up
Perplexity is partnering with PayPal to let users make instant purchases directly within chat.
TensorWave raises $100M to grow its AMD-powered cloud infrastructure
TensorWave, a data center provider building facilities primarily with AMD hardware, has raised $100 million as it seeks to further build out its data center infrastructure. The funding round was led by Magnetar and AMD Ventures, and brings the company’s … Continue reading
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Baidu’s robotaxi unit plans Europe expansion
Chinese tech company Baidu’s Apollo Go robotaxi business plans to expand to Europe this year, according to a source familiar with the matter.
Chinese tech giant Tencent posts 13% revenue jump as growth at key gaming unit surges
Tencent on Wednesday reported an annual rise in its top and bottom line in the first quarter fuelled by accelerated growth in its key gaming business.
Co-op says shelves to be more fully stocked this weekend
The grocery chain says it is working with its suppliers to restock shelves after a cyber-attack.
Sony shares rise about 2% in volatile trading following share buyback announcement
Sony shares rose about 2% on Wednesday after the company announced a 250 billion yen share buyback and operating income beat estimates.
Airbnb offers private chefs and massages as it revamps app
The short rental firm says it is aiming to offer a wider range of experiences for travellers.