All articles by Shivam Mishra
Shivam Mishra
Intel CEO to propose cost reduction measures
The plan, which is expected to be presented in mid-September, includes selling businesses such as the programmable chip unit.
X suspended in Brazil after Musk’s non-compliance with Supreme Court order
The suspension comes at a challenging time for Musk, who has been grappling with advertising revenue issues on the platform.
Uber invests in Wayve to accelerate self-drive tech development
With Uber’s support, Wayve plans to expedite its collaborations with global original equipment manufacturers to enhance consumer vehicles.
Dell Technologies weighing sale of SecureWorks
The company had previously attempted to sell SecureWorks in 2019, but did not succeed.
Parry Labs raises $80m to enhance defence tech and integration systems
Capitol Meridian Partners led the investment, with contributions from True Ventures, 3Wire Partners, and Teamworthy Ventures.
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OpenAI negotiating funding round at more than $100bn valuation
Thrive Capital is poised to lead this investment with a $1bn commitment for the company behind the AI chatbot ChatGPT.
Apple reduces headcount in online services division
The layoffs included engineering roles, with significant cuts in the team handling the Apple Books app and Apple Bookstore.
Data tech startup Cribl raises $319m at $3.5bn valuation
Google Ventures led the round, which also saw contributions from GIC, CapitalG, IVP, and CRV.
Summit and Vista considering sale of Trintech
Trintech, which provides software for the financial services sector, could be valued at approximately $2bn, including debt.
IBM to close R&D team in China, impacting some 1,000 employees
This move comes amid escalating geopolitical tensions between the US and China.