Bank of America taps tech dealmaker Richard Hardegree as vice chair of M&A, memo showsBank of America has appointed Richard Hardegree as its new vice chair for mergers and acquisitions. Hardegree, a seasoned banker with over ...
09 May, 2026, 11.38 AM IST
Hedge fund launched by Instacart cofounder Apoorva Mehta has AI call shotsInstacart cofounder Apoorva Mehta launched Abundance, a hedge fund utilising thousands of AI agents to independently manage trades, researc...
24 Apr, 2026, 09.14 PM IST
Former DeepMind researchers bet on visual AI with new startupAndrew Dai has launched Elorian, a startup aiming to improve AI’s ability to understand and reason about visual information. Backed by majo...
10 Apr, 2026, 10.11 AM IST
Travel tech firm Navan sees strong 2027 revenue on demand from new customersThe Palo Alto, California-based firm makes a bulk of its revenue from big enterprise customers, which includes companies in the AI & techno...
26 Mar, 2026, 08.24 AM IST
Cyber threats surge pushing Palo Alto to 'combat AI with AI': CIOSays those without coding skills can now use AI to craft ransomware in 30 mts
26 Nov, 2025, 06.00 AM IST
Palo Alto Networks in talks to buy CyberArk in deal worth over $20 billion: ReportShares in CyberArk rose about 13%, while Palo Alto Networks' stock fell roughly 2%. Palo Alto Networks could finalise a deal for CyberArk a...
29 Jul, 2025, 11.50 PM IST
'F*** I am so alone': Hacked California crosswalk buttons play messages mocking Elon Musk and Mark ZuckerbergCrosswalk buttons along the mid-Peninsula appear to have been hacked, so that when pressed, voices professing to be Mark Zuckerberg or Elon...
16 Apr, 2025, 02.30 PM IST
AI search startup Genspark raises $60 million in seed round to challenge GoogleThe funding is led by Singapore-based fund Lanchi Ventures and valued the startup, currently without revenue, at $260 million. Lanchi Ventu...
19 Jun, 2024, 11.19 AM IST
Elon Musk ready to fight at Mark Zuckerberg's home, Meta founder says 'it's time to move on'Zuckerberg posted on Threads: "I think we can all agree Elon isn't serious and it's time to move on".
13 Aug, 2023, 11.57 PM IST
Indian-American convicted of making illicit profits worth $7.3mnAn Indian-American former IT professional has been convicted of four counts of securities fraud in California for using a publicly traded c...
29 Dec, 2022, 01.23 PM IST
Tesla to expand presence in Palo Alto despite HQ move to TexasElon Musk has said Tesla will keep expanding activities in California, including boosting output for its car factory in Fremont and its bat...
13 Oct, 2021, 10.31 AM IST
Tesla’s quarterly profit tops $1 billion for first timeThe financial milestone announced Monday extended a two-year run of prosperity that has erased questions about Tesla's long-term viability ...
28 Jul, 2021, 06.57 AM IST
- FB lets users form groups, download data
A "Groups" feature that lets FB members set up private online havens for clusters of co-workers, family, teammates, or others was unveiled ...
07 Oct, 2010, 01.14 AM IST
- Citi's Semenchuk resigns as unit relocates
Citigroup said Jeff Semenchuk quit last month after four years heading a unit that formed ventures with Microsoft and SK Telecom as it test...
28 Jul, 2010, 12.15 AM IST
- Hewlett-Packard, Alcatel-Lucent strike partnership
Hewlett-Packard Co. and Alcatel-Lucent said they have struck a tentative 10-year deal to jointly market their products to businesses.
18 Jun, 2009, 09.26 PM IST
- Law firm claims $65 million settlement by Facebook
A law firm is claiming Palo Alto-based Facebook Inc paid $65 million to settle a suit accusing Facebook founder Mark Zuckerberg of stealing...
11 Feb, 2009, 08.11 PM IST
Facebook wins $873 mn judgment against spammerFacebook has won a $873 million judgment against a Canadian man who bombarded users with millions of unsolicited messages about drugs and s...
25 Nov, 2008, 04.27 AM IST