Thoma Bravo, the private equity and growth capital firm, today announced that it would spend $1.8 billion CAD (~$1.34 billion) to acquire Magnet Forensics, a Waterloo-based company making software used by defense forces and businesses to investigate cybersecurity threats. Magnet Forensics will be purchased by a newly created corporation controlled by Thoma Bravo, Morpheus Purchaser…
Experts say ChatGPT could be a game-changer for Microsoft, as CEO Satya Nadella announces plans to roll out the technology across all of the company’s products. Microsoft plans to make OpenAI’s generative AI technology such as ChatGPT available to billions of users by integrating it into all of its products, CEO Satya Nadella said this…
Share to FacebookShare to TwitterShare to LinkedinHalo Infinite Bungie Yesterday, Microsoft announced it would be the latest tech company executing mass layoffs, and some of the 10,000 employees it let go were a part of its video game division. According to reports from Bloomberg, both Bethesda and 343 Industries were struck with layoffs, but 343…
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© Reuters. FILE PHOTO: People walk along a busy shopping street, during the traditional Boxing Day sales in London, Britain, December 26, 2022. REUTERS/Maja Smiejkowska/File Photo By William Schomberg LONDON (Reuters) – Inflation-pinched British consumers cut spending by the most in the key shopping month of December in at least 25 years, official data showed…
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“There were definitely times where I painted a rosier picture than things truly were,” Frank’s founder and former CEO said months before JP Morgan bought her startup for $175 million. In 2021, Charlie Javice, the young founder and former CEO of Frank, pulled off a master stroke: Selling her fintech startup to JP Morgan Chase…
Five things you need to know before the market opens on Thursday January 19: 1. — Stock Futures Lower As Fed Hawks, Recession Worries WeighU.S. equity futures moved lower Thursday, while Treasury bond yields continued their recent declines, as investors adjust for a potential U.S. recession while taking in another round of hawkish comments on…





