The U.K.’s Competition and Markets Authority (CMA) has announced that the proposed merger between London-based satellite communications company Inmarsat and its U.S. rival Viasat raises potential competition concerns, and plans to launch a full-scale investigation into the deal. The $7.3 billion transaction, comprising a mix of cash, equity, and debt, was first announced last November,…
Uber is getting back into the robotaxi game, only this time it’s tapping a third party to handle the self-driving tech. Motional, the Aptiv-Hyundai joint venture commercializing self-driving vehicle tech, will put its robotaxis on the Uber network later this year as part of a 10-year operating agreement that will eventually roll out to major…
Gather AI, a startup using drones to inventory items in warehouses, today announced that it raised $10 million in a Series A round led by Tribeca Venture Partners with participation from Xplorer Capital, Dundee Venture Capital, Expa, Bling Capital, XRC Labs and 99 Tartans. The proceeds bring the company’s total raised to $17 million, which…
In a sign that pure equity financing is getting harder to come by, cybersecurity firm Arctic Wolf, which last July raised $150 million at triple its previous valuation ($4.3 billion), opted for all debt in its latest funding round. The company today announced that it secured $401 million in convertible notes from Owl Rock with…
Oort, an identity threat detection and response platform, today announced that it raised $11.5 million in a Series A round co-led by .406 Ventures and Energy Impact Partners with participation from Cisco Investments. The proceeds, which bring Oort’s total capital raised to $15 million, will be put toward supporting its go-to-market strategy, CEO Matt Caulfield…
CD Projekt RED has come out with a host of announcements for five new projects, including five new Witcher games, a sequel to Cyberpunk 2077, and a game set in an original series. The prospect of a new Witcher trilogy is very exciting, and CD Projekt RED’s six-year timeline for releasing three separate Witcher games…
Dashlane has announced further security tools for its enterprise customers alongside a brand new small business tier to help slash the costs of secure password management. Business admins will now have greater dark web insights with user-by-user details of things like compromized passwords. The company promises to scan its database of more than 20 billion…
The DSLR’s death knell has been ringing on an almost daily basis for the past couple of years – and now Qualcomm has joined the fray by explaining the specific reasons why it thinks phone cameras will soon kill off the aging camera format. In an in-depth interview with Android Authority, Qualcomm’s vice-president of product management…
There is a new malware making rounds, that targets Microsoft SQL servers, and is capable of running programs, snooping in on data, brute-forcing its way into other SQL servers, and dozens of other dangerous things. The malware, discovered by cybersecurity analysts from DSCO CyTec, was dubbed Maggie. Maggie is distributed by pretending to be an Extended…
In total, Tyson paid Easterday Ranches more than $233 million for the “ghost” cattle. Hans Neleman/Getty Images A rancher charged Tyson and another company $244 million to look after cattle that didn’t exist. He pleaded guilty to the charges last year, which included sending fraudulent invoices. A district judge has sentenced the Washington-based rancher to…
