2021 - Page 391 of 395 - SiliconANGLE

NEWS

Cisco takes Acacia to court after chipmaker terminates acquisition

By Maria Deutscher Jan 8, 2021

Cisco Systems Inc. today asked a Delaware court to stop Acacia Communications Inc., a maker of networking chips, from terminating an acquisition agreement the companies had signed in 2019. Cisco that year inked a…

NEWS

Report: Google is building a Nest Hub smart display with a radar chip

By Maria Deutscher Jan 8, 2021

Google LLC is said to be working on a new Google Nest Hub smart home device that will use a built-in radar chip to power some of its features. The Nest Hub (pictured) is…

Emerging Tech

US venture capital hits record high of $130B in 2020 despite the COVID-19 pandemic

By Duncan Riley Jan 8, 2021

Venture capital funding hit a record high of nearly $130 billion in 2020, up 14% over 2019 despite the COVID-19 pandemic, according to data released early Friday in PWC/CB Insights’ latest MoneyTree Headline Report. Funding and…

Emerging Tech

Report: Apple Car may take five to seven years to deliver

By Duncan Riley Jan 7, 2021

Apple Inc.’s self-driving car program, which according to a report Dec. 21 is aiming to produce an electric car by 2024, may actually take five to seven years to deliver, according to a report today…

Infra

Samsung says its fourth-quarter profits will rise 26%

By Mike Wheatley Jan 7, 2021

Samsung Electronics Co. Ltd. said early Friday morning in South Korea that its fourth-quarter operating profit is expected to rise by about 26%, fueled by what analysts say was a surge in sales of…

Infra

Micron easily beats first-quarter earnings expectations

By Mike Wheatley Jan 7, 2021

Computer chipmaker Micron Technology Inc. posted strong fiscal first-quarter results today, showing revenue and profit that came in well ahead of expectations. The company reported a profit before certain costs such as stock compensation of…

Cloud

F5 Networks to acquire edge-as-a-service startup Volterra for $500M

By Duncan Riley Jan 7, 2021

Network traffic management company F5 Networks Inc. today announced it will acquire “edge-as-a-service” startup Volterra Inc. in a $500 million deal consisting of $440 million in cash and $60 million in future consideration. Founded in 2017…

Cloud

Red Hat buys Kubernetes security startup StackRox

By Mike Wheatley Jan 7, 2021

Red Hat Inc. announced its first acquisition of the year today, saying it intends to acquire container and Kubernetes threat detection company StackRox Inc. Red Hat said it wants to integrate StackRox’s security tools…

NEWS

Fintech giant SoFi to go public via SPAC merger at $8.65B valuation

By Maria Deutscher Jan 7, 2021

SoFi, the operator of one of the most popular consuming banking apps, today announced plans to hit the stock market via a SPAC merger at an $8.65 billion valuation. A SPAC merger is a…

NEWS

Quantum Metric reels in $200M for its user experience analytics platform

By Maria Deutscher Jan 7, 2021

Quantum Metric Inc., a startup providing big brands with data on how they can improve their websites and mobile apps, today said that it has landed a $200 million funding round at a more…

Year: 2021

Cisco takes Acacia to court after chipmaker terminates acquisition

Report: Google is building a Nest Hub smart display with a radar chip

US venture capital hits record high of $130B in 2020 despite the COVID-19 pandemic

Report: Apple Car may take five to seven years to deliver

Samsung says its fourth-quarter profits will rise 26%

Micron easily beats first-quarter earnings expectations

Quantum Metric reels in $200M for its user experience analytics platform

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