Software Technology Business News
Babu Patil Since DeepSeek shocked markets early last year with its cheap but powerful AI model, global consumers have been faced with a choice: Chinese offerings with lower prices and less capability … Read more
Social network Bluesky raised $100 million in Series B funding led by Bain Capital Crypto, with participation from existing investors Alumni Ventures and True Ventures, plus Anthos Capital, Bloomberg Beta, and … Read more
Amid growing demand for telecommunications infrastructure, Cape secured a $100 million fresh Series C round, co-led by Bain Capital Ventures and IVP, with participation from new investors, 01 Advisors, 137 … Read more
IBM today (on March 17, 2026) completed the acquisition of Confluent, Inc., for approximately $11 billion in cash. According to Confluent’s latest financial filings (released in February 2026), the company reported a total of … Read more
Meta plans to downsize headcount significantly to address rising costs linked to artificial intelligence (AI) infrastructure, according to multiple sources, including Reuters. In 2026, Meta is reportedly planning a major round … Read more
Block Inc. (the parent company of Square and Cash App) announced on Thursday, February 26, 2026, that it is laying off more than 4,000 employees, or about half of its headcount. The company … Read more