Lacework, last valued at $8.3B, is in talks to sell for just $150M to $200M, say sources
Union proceeds with apace in the realm of safety. Sources let us know that Lacework, a cloud security startup that was valued at $8.3 billion post-cash in its last subsidizing round, is being acquired by one more security player, Wiz, at a cost of just $150 million to $200 million.
Synapse’s collapse has frozen nearly $160M from fintech users — here’s how it happened
The breakdown and chapter 11 of BaaS Fintech Neural Connection have uncovered how slippery things are for the frequently related fintech world when one central member hits inconvenience.
The AI financial results paradox
There is an overall agreement today that generative simulated intelligence will change business in a significant manner, and organizations and people who don’t jump aboard will be immediately left in the dustbin of history.
Semperis, a specialist in Active Directory security now worth more than $1B, raises $125M
Active Directory, the Microsoft directory service for connecting users with network resources, is used by more than 90% of all Fortune 1000 companies and many more. So it’s no surprise that it’s a giant target for malicious hackers
How bad bots are dominating Internet traffic in 2024
Close to half (49.6%) of all web traffic in 2023 was driven by bots – a 2% increment from the earlier year, denoting the most elevated level since network safety firm Imperva started checking in 2013.
Uber to acquire Foodpanda’s Taiwan unit from Delivery Hero for $950M in cash
Uber Technologies has made headlines with its announcement of the acquisition of Delivery Hero’s Foodpanda Taiwan unit for a staggering $950 million in cash. This strategic move is part of Uber Eats’ ambitious plan to fortify its foothold in Asia, with a particular focus on strengthening its position in Taiwan’s competitive market.
Amazon Music follows Spotify with an AI playlist generator of its own, Maestro
Spotify isn’t the main organization to fiddle with utilizing artificial intelligence to create playlists — on Tuesday, Amazon said it would do likewise. Amazon Music is currently trying Maestro,,,,
