Technology

In its most significant acquisition to date, Cisco has announced its purchase of cybersecurity software firm Splunk for approximately $28 billion, equivalent to $157 per share, in an all-cash transaction. This strategic move underscores Cisco’s commitment to bolstering its cybersecurity capabilities and expanding its presence in the rapidly evolving cybersecurity ...

In Washington, three Democratic senators who are members of the Senate Committee on Armed Services have formally requested information from the Pentagon regarding SpaceX CEO Elon Musk. Specifically, they are inquiring whether Musk was responsible for unilaterally disabling or obstructing the functionality of Starlink satellite communication terminals utilized by the ...

Indonesia has granted its inaugural “Golden Visa” to Sam Altman, the Chief Executive of OpenAI, just one week after launching the program aimed at enticing foreign investments into Southeast Asia’s largest economy. According to Silmy Karim, Indonesia’s director general of immigration, the Golden Visa program includes various categories beyond those ...

Closing at $26,038.41, Bitcoin concluded the day with a decline of approximately 6%, as reported by Coin Metrics. The cryptocurrency exhibited fluctuations just above the $26,000 mark during the entirety of Friday, a continuation of the significant drop that commenced on late Thursday. This downward trend had a ripple effect ...

On Wednesday, Qualcomm announced its third-quarter earnings, surpassing the expectations set by Wall Street. However, despite the positive earnings, the company’s revenue for the quarter and its projected guidance for the fourth quarter fell below anticipated levels. As a result of this news, Qualcomm’s stock experienced a significant drop of ...

As per the government of the state of Karnataka, Foxconn is set to make a substantial investment of over $600 million in India. This investment will be directed towards two distinct projects: one in phone manufacturing and the other in establishing a semiconductor equipment facility. The move showcases Foxconn’s commitment ...

Following its successful launch from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh, the Indian Space Research Organisation (ISRO) has achieved a significant milestone by deploying all seven Singaporean satellites into the near-equatorial orbit (NEO). The PSLV rocket, operated by ISRO, carried out the mission flawlessly, and approximately 23 ...

On Wednesday, during the second-quarter earnings report, Meta revealed significant financial challenges within its Reality Labs division. The unit, responsible for developing cutting-edge virtual reality and augmented reality technologies essential for fueling the metaverse, recorded a substantial operating loss of $3.7 billion. During the second quarter, the unit’s sales in ...

NBC News has confirmed that China-linked hackers successfully breached the email account of U.S. Ambassador to China, Nicholas Burns, as part of a targeted intelligence-gathering campaign. According to NBC News, in addition to breaching the email account of U.S. Ambassador to China Nicholas Burns, the hackers also gained access to ...

User engagement on Threads, Meta’s new Twitter competitor, has experienced a decline after a promising start. In a span of just five days, the text-based social media platform boasted a remarkable achievement with 100 million sign-ups. However, data provided by Sensor Tower and Similarweb reveal that the platform has observed ...