June 12, 20210CommentsAT&T CEO says Biden’s municipal broadband plan is “a bit misguided” and is confident that Congress will steer legislation in the more “pragmatic” direction (Jon Brodkin/Ars Technica)
June 12, 20210CommentsBlackstone has agreed to buy and take private QTS Realty Trust, one of the world’s largest data center providers, for $10B (Yevgeniy Sverdlik/Data Center Knowledge)
June 12, 20210CommentsHoneywell merges its quantum computing business with Cambridge Quantum to form a new joint venture; Honeywell will hold a majority stake and invest $270M-$300M (Frederic Lardinois/TechCrunch)
June 12, 20210Comments1stDibs, an online marketplace for antique furniture, jewelry, and other goods, debuts on Nasdaq after raising $115M in its IPO, valuing it at $750M (Josh Fineman/Seeking Alpha)
June 12, 20210CommentsAs ransomware gangs operate on multi-million dollar budgets at a global scale, telling companies to “just patch” or “implement zero trust” is no longer feasible (Kevin Beaumont/DoublePulsar)
June 12, 20210CommentsA fresh wave of COVID-19 outbreaks in Taiwan and Malaysia has disrupted the semiconductor supply chain in those countries, worsening a global chip shortage (Wall Street Journal)
June 12, 20210CommentsByteDance launches Volcano Engine to offer enterprise clients its technologies, such as its recommendation algorithm that drove the success of TikTok and Douyin (Chen Du/PingWest)
June 12, 20210CommentsSurveyMonkey rebrands as Momentive as it looks to expand its growing enterprise business; SurveyMonkey will retain its branding for its consumer-facing business (Marty Swant/Forbes)
June 12, 20210CommentsSOSV, the global venture firm, just closed a $100 million fund to back its maturing startups
June 12, 20210CommentsTranscarent, a health navigation, virtual care, and medication review service for self-insured employees, raises $58M Series B led by General Catalyst and 7wire (Heather Landi/FierceHealthcare)
June 12, 20210CommentsUS clean energy company Invenergy says it had been hacked but “does not intend to pay any ransom”, after REvil threatened to leak 4TB of stolen data (Hannah Murphy/Financial Times)