Tag:

Business

New Leadership Changes in Big Data Space for July 2024

Key Takeaways: - Silicon Valley entrepreneur and Aruba Networks co-founder, Keerti Melkote is now Anyscale's new CEO. - Tech veteran, Douglas Gourlay takes over as the...

Dell Balances Major Restructuring with Thousands of Job Cuts

Key Takeaways: - Dell Technologies Inc. reportedly axes numerous employees amid a reorganization venture. - The revamp specifically targets the sales and marketing teams as the...

U.S. Federal Court Pinpoints Google for Search Monopoly: A Major Antitrust Ruling

Key Takeaways: - The U.S. District Court for the District of Columbia declares Google guilty of establishing a prohibited monopoly in the search and search...

Apax Partners Acquires Thoughtworks for $1.75 Billion

Key Takeaways: - Apax Partners, a British private equity firm, will acquire Thoughtworks Holding Inc. - The All-Cash deal is estimated to be about $1.75 billion. -...

Seattle’s Seeq Secures $50M in Series D Round for Industrial Analytics

Key takeaways: - Seattle-based industrial analytics company, Seeq, has secured a funding round of $50 million. - The funding was led by Sixth Street Growth and...

Startup 425 Unveils New Accelerator Program for First-Time Entrepreneurs

Key Takeaways: - Startup 425 launches a new accelerator designed to support first-time entrepreneurs. - The non-profit, funded by six Seattle-area city governments, aims to help...

Foundry Technologies Introduces Revolutionary GPU Instances for Affordable AI

Key Takeaways: - Foundry Technologies has introduced Foundry Cloud Platform to disrupt the AI compute industry. - The new platform provides affordable access to graphics processing...

ITpipes Secures $20M Funding to Streamline Underground Asset Inspections

Key Takeaways - ITpipes, a pipeline inspection software company, raised $20 million in a funding round backed by Trilogy Search Partners and Miramar Equity Partners. -...