Tag Archives: CNBC

Blackstone and Vista Equity Partners to acquire software maker Smartsheet for $8.4 billion

The $8.4 billion deal is expected to close in January 2025, and the collaboration software maker has the option to solicit other bids.

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Microsoft’s GitHub gives clients option to keep sensitive code in EU only, in data sovereignty push

GitHub is giving enterprise users the ability to store their sensitive code on only EU servers, hoping to meet the bloc’s strict approach to data regulation.

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Caroline Ellison could face no jail time for role in FTX collapse

Caroline Ellison was the star witness in the criminal case against disgraced FTX founder Sam Bankman-Fried. On Tuesday, she will face her own sentencing.

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Middle Eastern funds are plowing billions of dollars into hottest AI start-ups

Oil-rich nations are turning from oil to artificial intelligence to diversify their economies.

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Harris agrees to potential CNN debate with Trump on Oct. 23

Kamala Harris raised millions after going up against Donald Trump in a presidential debate earlier this month. Now Harris is ready for a second round.

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How Elon Musk hopes his new supercomputers will boost his businesses

Musk wants to use this supercomputing power to improve Teslas’ autonomous driving capabilities and train xAI’s chatbot Grok.

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Intel’s wild week leaves Wall Street more uncertain than ever about chipmaker’s future

Intel still makes the majority of processors at the heart of PCs, laptops, and servers, but that’s not enough to appease investors.

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SEC says Elon Musk should be sanctioned if he keeps dodging Twitter depositions

The SEC asked a federal judge to sanction Elon Musk if he continues to delay a deposition regarding his 2022 Twitter buyout.

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Intel shares pop on report Qualcomm has approached it about takeover

The deal, if it were to happen, would be one of the largest technology mergers in years.

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Apple iPhone 16, Apple Watch Series 10 and AirPods 4 debut around the world

Apple greeted customers at its stores around the world on Friday, for the debuts of the iPhone 16, Apple Watch Series 10 and AirPods 4.

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