The U.S. Supreme Court on Thursday gave Salesforce Inc’s Slack Technologies another chance to avoid a lawsuit over the workplace communications software company’s 2019 direct listing.
Brookfield Infrastructure Partners LP and DigitalBridge Group Inc are battling it out in the race to acquire Compass Datacenters LLC for more than $5.5 billion, including debt, according to people familiar with the matter.
Software major Microsoft Corp said on Thursday it expected to take a charge of about $425 million in the current quarter for a potential fine from an Irish regulator over alleged privacy violations at its unit LinkedIn.
Meta Platforms CEO Mark Zuckerberg revealed the company’s next generation mixed reality headset, the Quest 3, in an Instagram post on Thursday as part of its annual gaming conference.
The European Commission kicked off an initiative on Thursday to help 100 unicorns scale up to become Europe’s deep tech champions and help drive the bloc’s green and digital objectives.
AI already has divided studios and striking film and television writers, who want assurances that the emerging technology will not be used to generate scripts.
Nvidia Corp’s market capitalisation jumped the most in May among the top 20 global companies by market value, adding $248 billion, with a majority of the gains coming in the last four sessions, according to Refinitiv data.
The Dutch government has stepped up its criticism of a push by EU telecoms operators to get Big Tech to help pay for the rollout of 5G and broadband, saying claims that unchecked data growth has pushed up network costs are not backed by facts.
Salesforce Inc fell about 7% on Thursday after reporting quarterly revenue that increased at its slowest pace since 2010, with companies cutting back spending on cloud-based software offerings.
Alphabet Inc’s Google is leading a $36 million funding round for Bengaluru-based Pixxel, a satellite-image startup, in the first major investment in the Indian space sector since the government launched its privatisation policy in April.
