Cisco acquired Splunk, a Cybersecurity Firm, for $28 Billion; A Record Breaking Acquisition

Cisco acquired Splunk, a Cybersecurity Firm, for $28 Billion

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 ...

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Senators Seek Pentagon’s Clarification Regarding SpaceX’s Starlink Service in Ukraine

Senators Seek Pentagon's Clarification Regarding SpaceX's Starlink Service in Ukraine

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 ...

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Federal Vehicle Regulators’ Investigation into Tesla Autopilot Safety Nearing Conclusion

Federal Vehicle Regulators' Investigation into Tesla Autopilot Safety Nearing Conclusion

The National Highway Traffic Safety Administration (NHTSA) is wrapping up its extensive multiyear inquiry into the safety of Tesla’s driver assistance systems. This development was initially brought to light by Reuters’ David Shepardson on Thursday, who referenced statements from NHTSA’s acting administrator, Ann Carlson. CNBC subsequently verified the information with ...

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