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Apps

Sony to acquire video game developer Bungie for $3.6B

By Maria Deutscher Jan 31, 2022

Sony Interactive Entertainment LLC today announced plans to acquire Bungie Inc., a major video game developer, for $3.6 billion. The transaction represents the third multibillion-dollar acquisition of a video game company since the start…

IoT

BlackBerry to sell noncore patents for $600M

By Maria Deutscher Jan 31, 2022

BlackBerry Ltd. today announced that it is selling a portfolio of patents related to mobile devices, messaging software and networking technology in a transaction valued at $600 billion. The buyer is Catapult IP Innovations…

Cloud

Pennylane raises $57M for its cloud-based accounting platform

By Maria Deutscher Jan 31, 2022

Paris-based accounting software startup Pennylane today disclosed that it has raised 50 million euros, or about $57 million, in funding from a group of investors led by Sequoia Capital. The investment is the latest…

Blockchain

Phantom cryptocurrency wallet raises $109M in new funding led by Paradigm

By Kyt Dotson Jan 31, 2022

Phantom Technologies Inc., a provider of a noncustodial cryptocurrency wallet, announced today that it has raised $109 million in a new funding round led by Paradigm placing the company’s valuation at $1.2 billion. The…

Blockchain

Arcade announces public launch of NFT-backed lending platform

By Kyt Dotson Jan 31, 2022

Arcade, a platform that allows the owners of nonfungible tokens to use them as collateral for loans, today announced the public launch of its lending platform. The platform is a peer-to-peer marketplace that connects…

Blockchain

Cryptocurrency exchange FTX raises additional $400M at $32B valuation

By Kyt Dotson Jan 31, 2022

The Bahamas-based cryptocurrency exchange FTX Trading Ltd. today announced it has raised $400 million in new funding in the company’s third fundraise in the past six months, hiking its valuation at a cool $32…

Cloud

Citrix to become private company again in $16.5B sale, combine with Tibco

By Mike Wheatley Jan 30, 2022

Updated: Citrix Systems Inc. is on the verge of becoming a private company again following sustained pressure from the activist investor Elliott Management Corp. After a Sunday report in the Wall Street Journal today…

Big Data

Securing your Snowflake cloud data

By Dave Vellante Jan 29, 2022

The challenges of legacy data warehouses and traditional business intelligence systems have been well-documented. Built on rigid infrastructure and managed by specialized gatekeepers, data warehouses of the past were, as one financial customer once…

Infra

Google will invest up to $1B in India’s Bharti Airtel

By Maria Deutscher Jan 28, 2022

Google LLC today announced plans to invest up to $1 billion in Bharti Airtel Ltd., one of India’s largest telecommunications providers. The search giant will make the investment through the $10 billion Google for…

Cloud

3 insights you might have missed from the AWS Startup Showcase: Open Cloud Innovations

By Mark Albertson Jan 28, 2022

The process for reading the next wave of technology is not unlike that of a surfer waiting for the next swell in a vast ocean. From trying to determine whether the wave will break…

the latest

Sony to acquire video game developer Bungie for $3.6B

BlackBerry to sell noncore patents for $600M

Pennylane raises $57M for its cloud-based accounting platform

Phantom cryptocurrency wallet raises $109M in new funding led by Paradigm

Arcade announces public launch of NFT-backed lending platform

Cryptocurrency exchange FTX raises additional $400M at $32B valuation

Citrix to become private company again in $16.5B sale, combine with Tibco

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