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Technology

Thoma Bravo to invest in BlueMatrix

Thoma Bravo has confirmed its strategic growth investment in BlueMatrix, a leading platform for investment research providers, through a definitive agreement. The finalization of this transaction hinges on regulatory approvals and standard closing conditions.

Technology

Imprivata undergoes leadership transition

Thoma Bravo has announced a leadership transition at Imprivata, with the current CEO, Gus Malezis, moving to a new role as a strategic advisor to the company. Fran Rosch has been appointed as the new CEO.

Technology

Salesforce has a record breaking Cyber Week

Salesforce, a cloud-based customer relationship management (CRM) platform offering a variety of tools and services for businesses to manage and analyze customer interactions and data, has reported $298 billion in global digital sales and $51 billion in AI-influenced purchases as of November 28th. The report highlights the significant impact of digital sales during the holiday shopping season.

Technology

CompTIA is inducted into the National Cyber Security Hall of Fame

CompTIA has been inducted for its efforts for encouraging people to find their potential and building confidence to work in tech and cybersecurity. This honor is given by the National Cyber Security Hall of Fame, recognizing CompTIA's contribution to the field.

Technology

Boehringer Ingelheim and IBM team up to help better generative AI and foundation models

This cooperation allows Boehringer Ingelheim to use IBM's foundation model technologies to help discover new antibodies for developing better therapeutics. The collaboration was officially announced on November 28th.

Technology

Cisco launches new business performance insight and visibility for modern applications on AWS

Cisco's launch of new business performance insight allows customers to protect revenue, improve digital experiences and manage brand reputation due to business metrics for Cisco Cloud Observability. This new feature, integrated with AWS cloud services, is designed to help businesses increase efficiency in decision-making and prioritization.

Technology

Yael Schiff is promoted to vice president of Bessemer Venture Partners

Yael previously worked as a consultant at McKinsey and Company and as Director of Expansion at Via Transportation but has been promoted to vice president of Bessemer Venture Partners. Yael's promotion came due to her significant contributions to the company and the wider tech ecosystem.

Technology

Broadcom Inc. has completed its acquisition of VMware, Inc.

The acquisition of VMware, Inc. by Broadcom Inc. has been finalized, marking a significant development in the technology industry. This strategic move focuses on strengthening and expanding Broadcom's services to its enterprise customers particularly in the realms of private and hybrid cloud environments.

Technology

Morgan Stanley's Next Level Fund secures $50 million for early-stage tech investments

Morgan Stanley Investment Management (MSIM) announced the successful closing of the Morgan Stanley Next Level Fund, L.P. ("Next Level" or the "Fund") at $50 million in total capital commitments. The fund is specifically designed to invest in early-stage technology and technology-enabled companies, with a particular emphasis on those that have underrepresented members on their founding teams.

Technology

Meredith Baker, CTIA President & CEO of CTIA, says, "Wireless providers invest billions of dollars each year to rapidly expand and fortify their networks across the country"

The Lifeline and Affordable Connectivity Act are FCC initiatives that help low-income households afford the broadband they may need. According to Baker, these important programs faced challenges which threaten to destroy their effect on the communities they serve. Meredith Baker's warning about these challenges comes in light of the significant role these initiatives play in promoting digital inclusion among all Americans.

Technology

Asana General Counsel and Corporate Secretary Eleanor Lacey will join as the organization’s representative to BSA’s Board of Directors

Asana joins the Business Software Alliance as it assists organizations in working more intelligently, overseeing tasks ranging from setting and tracking goals to capacity planning and launching products. This move marks a significant step forward for Asana in supporting global enterprise technology advancements.

Technology

Blockchain Association claims OFAC's sanctions are unlawful

Blockchain Association submitted an amicus brief concerning OFAC's sanctions on the privacy-preserving software named Tornado Cash. The sanctions imposed by OFAC represent the initial instance in which the agency has targeted computer software itself, as opposed to focusing on the individuals or entities misusing such tools. This groundbreaking action raises concerns among various stakeholders regarding its potential ramifications on privacy and legality.

Technology

Cisco Systems first quarter are the strongest in their history in terms of revenue and profitability

``` Cisco Systems Inc, a multinational technology company, released their first quarter earnings report, and this is their strongest first quarter result in history. They earned $14.7 billion in revenue which is 8% higher than last year's first quarter earnings. The company's press release provided some important details about the successful quarter. According to a press release from Cisco Systems Inc, advancements...

Technology

Goldman Sachs introduces Marquee MarketView

Goldman Sachs announced the launch of Marquee MarketView, a visual analytics dashboarding ecosystem accessible through Marquee, their digital platform. The tool is designed for the exploration, consumption, and sharing of insights from institutional investors and eligible corporate clients. This initiative was taken in an effort to provide more accessible and comprehensive data analytics for its clients.

Technology

Arlington Capital Partners acquires Exostar from Thoma Bravo

Thoma Bravo announced that Arlington Capital Partners has successfully concluded the acquisition of Exostar, LLC from Thoma Bravo, marking the completion of the deal. Exostar is a provider of cloud-based secure business collaboration software catering to regulated industries such as aerospace and defense, healthcare, life sciences, banking, financial services, and insurance. This acquisition provides Arlington with a new opportunity to expand its footprint in the technology industry.

Technology

OpenAI reaches 'agreement in principle' to reinstate Altman after ousting the CEO five days prior

After a turbulent five days, Sam Altman will again lead OpenAI as CEO. The move comes after employee threats to quit and an offer from Microsoft to Altman. OpenAI tweeted late November 21 that they had reached an agreement for Altman's comeback and a new board structure.

Technology

Nasdaq acquires Adenza

Thoma Bravo announced that Nasdaq has successfully concluded the acquisition of Adenza from Thoma Bravo. Adenza is recognized for delivering essential risk management, regulatory reporting, and capital markets software to the financial services sector, according to a press release by Thoma Bravo.

Technology

T-Mobile's Un-carrier program reaches network milestone by covering 300 million people with ultra capacity 5G months ahead of schedule

In a recent development, T-Mobile, the leading telecommunications company, has outperformed industry expectations with its Q3 2023 results. This success is attributed to significant customer growth propelled by exceptional network quality and value proposition within its unique growth areas.

Technology

Apple announces a new MacBook Pro lineup featuring the all-new family of M3 chips

Apple has announced a new lineup of MacBook Pro laptops featuring the all-new family of M3 chips. The M3 family incorporates advanced GPU architecture and enhanced CPU speed, resulting in improved performance and impressive new features.

Technology

Klick Labs' researchers develop voice-analyzing AI model to diagnose diabetes

A new study conducted by Klick Labs has discovered a groundbreaking method for an AI model to analyze short voice recordings and diagnose patients with Type 2 diabetes. This breakthrough has the potential to significantly reduce the time and cost associated with diagnosing the disease.