Acquisitions & Deals
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Maersk confirms data breach as WhiteArmor ransomware demands $5 million
Maersk announced that a threat actor gained unauthorized access to a local legacy system inherited through an earlier acquisition and extracted data from it.
AMD shares how it can retain 95% of server performance with just half the DRAM, sidestepping memory shortages with MEXT
Following AMD’s acquisition of MEXT earlier this year, the company has revealed its own IT infrastructure is using the technology to run servers at 50% DRAM capacity while achieving 95% of the performance of a full-DRAM system in certain applications.
Exclusive: Your Smartphone Camera Could Get a Big Upgrade With This Tech
Metalenz just acquired PxE to ditch the 50-year-old color filter that has held back smartphone night photography.
OpenAI Acquires Odessia, travel startup created by Sonder founder
OpenAI has not yet said what its plans are for the future of travel. But Sonder founder Francis Davidson is a well-known figure in the travel industry.
Critical Xen Orchestra auth bypass flaw exploited to hijack VM servers
A critical authentication bypass vulnerability in Xen Orchestra is being actively exploited in attacks that could grant administrator privileges and allow takeover of XCP-ng virtualization hosts.
Uber Parking Lets You Book a Spot Directly in the App. Here’s How
The new feature is launching in 15 cities before expanding across the US and Canada. It follows Uber’s acquisition of SpotHero earlier this year.
Fox bought Roku
Fox has officially closed its $22 billion acquisition of Roku, the companies announced on Friday. With Roku under its umbrella, Fox now controls a major streaming platform that reaches more than 100 million households in the US.
Dropbox Plans $350M AI Infrastructure Deal With Tigris Buy, Its Biggest Acquisition Yet
Dropbox has announced plans to acquire Tigris Data for $350 million in a transaction the company told Crunchbase News would mark its largest acquisition since its founding in 2007.
Meta acquires AI coding startup Conductor
The startup allows software engineers to deploy teams of agents to work on various aspects of a project simultaneously.
In one of the largest deals in tech history, Marvell buys Lumentum for $115B
Marvell's planned purchase of Lumentum is one of the biggest acquisitions in tech history. And they both have the same strategic investor: Nvidia.
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