Thermo Fisher to buy protein analysis firm Olink for $3.1 billion

Thermo Fisher Scientific announced on Tuesday that it would buy Olink Holding AB, a Swedish company that specializes in protein analysis for disease research and drug development. The deal is…

NNR October 17, 2023

Wire

Fingerprint raises $33 million Series C Funding to fight fraud with device intelligence

Fingerprint, a Chicago-based startup that provides a device intelligence API, has raised $33 million in a Series C funding round led by Nexus Venture Partners and Uncorrelated Ventures. The company…

NNR October 17, 2023

Wire

ScyllaDB secures $43 million in funding to expand its open-source NoSQL Database

ScyllaDB, a company that develops an open-source NoSQL database, has announced that it has raised $43 million in a Series C3 round of funding, bringing its total funding to $100…

NNR October 17, 2023

Wire

Choice Hotels announces $7.8 billion bid for Wyndham Hotels & Resorts

MARYLAND: Choice Hotels, one of the largest owners of budget hotels, has announced a $7.8 billion offer for its rival Wyndham Hotels & Resorts, after Wyndham stopped engaging in private…

NNR October 17, 2023

Wire

Xiaomi to replace MIUI with HyperOS

Xiaomi has announced that it will be replacing its traditional MIUI operating system with a brand-new OS called HyperOS. The global roll out will take place throughout 2024, but the…

NNR October 17, 2023

Wire

Baidu unveils Ernie 4.0, a generative AI model that rivals OpenAI’s GPT-4

Ernie 4.0, the latest generative AI model from Chinese tech giant Baidu, was revealed on Tuesday at a Beijing event. The model, which claims to have comparable capabilities to OpenAI’s…

NNR October 17, 2023

Wire

CPSI has acquired Viewgol for upto $77.5 million

CPSI (NASDAQ: CPSI), a company that provides solutions for community healthcare, announced today that it has completed its purchase of Viewgol, a company that offers analytics and outsourcing services for…

NNR October 17, 2023

Wire

The Czechoslovak Group to acquire Vista Outdoor’s Sporting Products business for $1.91 bn

PRAGUE: The Czechoslovak Group (CSG) has entered into a definitive agreement to acquire Vista Outdoor Inc.’s Sporting Products business for a total consideration of $1.91 billion. CSG will partner with…

NNR October 17, 2023

Wire

How Samsung is bringing Micro LED screens to smartwatches and signage displays

Samsung, the leader in OLED displays for various devices, is now developing a new display technology: Micro LED. The company has already launched Micro LED TVs that combine the advantages…

NNR October 16, 2023

Wire

LinkedIn to lay off 668 employees amid slowing revenue growth

LinkedIn, the social media network for professionals owned by Microsoft, announced on Monday that it will be laying off 668 employees. This is the second round of job cuts for…

NNR October 16, 2023

Wire

WeWork names former Blackstone executive David Tolley permanent CEO

WeWork on Monday named interim CEO David Tolley as its permanent CEO, tasking the former Blackstone executive with turning around the flexible workspace provider's ailing business. Tolley, who was CFO…

NNR October 16, 2023

Wire

Apple to release cheaper mixed-reality headset for $1,500 to $2,500

Apple is working on a more affordable version of its mixed-reality headset, the Vision Pro, according to Mark Gurman's Power On newsletter. The initial version of the Vision Pro is…

NNR October 16, 2023