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Activist investor Jana pushes Rapid7 to consider a sale

By Svea Herbst-Bayliss NEW YORK (Reuters) - Jana Partners, the activist investor that has successfully pushed for the sale of multiple companies, has built a stake in Rapid7 and is urging the

Biden awards up to $75 million in CHIPS Act grant to Entegris

(Reuters) - American Chip manufacturing supplier Entegris said on Wednesday that it has inked a preliminary deal with the Biden administration for funding of up to $75 million to aid the development

Croatian startup readies self-driving taxi Verne for Zagreb launch

ZAGREB (Reuters) - Autonomous vehicle startup Project 3 Mobility (P3), set up by the founder of Croatian electric vehicle maker Rimac Group, presented on Wednesday its self-driving robotaxi named

Israel to build supercomputer to keep pace in global AI race

By Steven Scheer JERUSALEM (Reuters) - Israel next month will launch a tender to establish the country's first supercomputer to ensure the country remains a global leader in artificial intelligence (

CData Software raises $350 million in Warburg Pincus-led funding

(Reuters) -Data connectivity solutions provider CData Software said on Wednesday it had raised nearly $350 million in growth equity financing led by U.S. private equity firm Warburg Pincus.

Salesforce challenger Creatio raises $200 million, becomes ‘unicorn’

By Krystal Hu (Reuters) - Creatio, a low-code software platform for customer relationship management that competes with tech giant Salesforce, has secured $200 million in a new funding round that

Data connectivity company CData Software raises $350 million in Warburg Pincus-led funding

(Reuters) - Data connectivity solutions provider CData Software has raised nearly $350 million in growth equity financing led by U.S. private equity firm Warburg Pincus, as enterprises are processing

AI dataset licensing companies form trade group

By Katie Paul NEW YORK (Reuters) - OkSeven content-licensing sellers of music, image, video and other datasets for use in training artificial intelligence systems have formed the sector's first trade

Japan chipmaker Kioxia to file preliminary IPO application, sources say

By Miho Uranaka and Sam Nussey TOKYO (Reuters) -Bain Capital-backed chipmaker Kioxia plans to submit a preliminary application to list shares on the Tokyo Stock Exchange in the coming days, two people

Onepoint withdraws from Atos restructuring talks, Kretinsky wants to rejoin

(Reuters) -French technology firm Atos said on Wednesday a consortium led by investor David Layani's Onepoint had withdrawn from discussions on its restructuring, but that it still planned to reach a

On Camera

Coalition govt shouldn’t shy away from privatisation—just fix the communication strategy

If the reason why PSU privatisation is politically challenging is that the people are swayed by emotional arguments, then it is incumbent on the government to work on its communication

‘Welfarism not a substitute for job creation’ — TeamLease vice-chairman on India’s fiscal planning

TeamLease’s Manish Sabharwal spoke to ThePrint about how political leaders, for the sake of winning elections, make big welfare-related promises without a proper plan to fund them.

New Army chief General Upendra Dwivedi outlines his priorities on 1st day in office

A tech-savvy officer, General Dwivedi has the distinction of working along the northern, western and eastern theatres in varied terrain and operational environments.

Modi’s new universe: the normal irritants of democracy & awkward chai with Rahul Gandhi

Changed reality for Modi govt in its 3rd innings is by no means rise of a new phenomenon. It's a return to old normal where even majorities had to routinely wrestle with storied million mutinies.