Internet
Palo Alto Networks announces multibillion-dollar deal with Google Cloud
Palo Alto Networks will migrate key internal workloads to Google Cloud as part of a new multibillion-dollar agreement, the companies announced on Friday. The companies said the deal is an expansion of their existing strategic partnership and will deepen their engineering collaboration. Palo Alto Networks is now using Google’s Gemini artificial intelligence models to power […]
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Instacart to pay $60 million to settle FTC claims it deceived customers
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Instacart will pay $60 million to settle allegations by the Federal Trade Commission that it misled users with false advertising and deployed “unlawful subscription enrollment” practices. The federal agency alleged that Instacart used deceptive tactics in its subscription sign-up and “satisfaction guarantee” advertising that caused […]
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OpenAI in talks with Amazon about investment that could exceed $10 billion
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images OpenAI is in discussions with Amazon about a potential investment and an agreement to use its artificial intelligence chips, CNBC confirmed […]
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Alphabet-owned Waymo in talks to raise $15 billion in funding
Waymo co-CEOs (L-R): Tekedra Mawakana and Dmitri Dolgov Waymo Self-driving car company Waymo is in talks to raise $15 billion in funding in the new year. The robotaxi company plans to raise billions from Alphabet, its parent company, as well as outside investors at a valuation as high as $110 billion, according to a person […]
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Former iRobot CEO calls Roomba maker’s bankruptcy ‘a tragedy for consumers’
Colin Angle, co-founder and CEO of iRobot Corp., speaks during a Prime Air delivery drone reveal event in Las Vegas, June 5, 2019. Joe Buglewicz | Bloomberg | Getty Images Colin Angle, co-founder and former CEO of iRobot, on Monday said the company’s move to declare bankruptcy was “profoundly disappointing” and “nothing short of a […]
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OpenAI poaches Google executive to lead corporate development
Samuel Boivin | Nurphoto | Getty Images OpenAI has hired Google’s Albert Lee to lead corporate development, a spokesperson for the artificial intelligence startup confirmed to CNBC. Lee previously led corporate development for Google Cloud and Google DeepMind. He worked on several of Google’s high-profile acquisitions, including its $32 billion purchase of the cloud security […]
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Palantir CIO Jim Siders leaves to become head of Thrive Capital’s new IT services business
Jim Siders speaks at an event Courtesy: Jim Siders Thrive Capital, the tech investment firm known for taking big stakes in companies including OpenAI, Stripe and Databricks, announced on Monday that it’s tapped Palantir veteran Jim Siders to serve as CEO of Shield Technology Partners, a newly created business focused on IT services. Siders spent […]
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ServiceNow in talks to acquire cybersecurity startup Armis in potential $7 billion deal, Bloomberg reports
Software company ServiceNow is in advanced talks to buy cybersecurity startup Armis, which was last valued at $6.1 billion, Bloomberg reported. The deal, which could reach $7 billion in value, would be ServiceNow’s largest acquisition, the outlet said, citing people familiar with the situation who asked not to be identified because the talks are private. […]
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Trump signs executive order for single national AI regulation standard, limiting power of states
U.S. President Donald Trump looks on, as he signs an executive order on AI in the Oval Office at the White House in Washington, D.C., U.S. Dec. 11, 2025. Al Drago | Reuters President Donald Trump signed an executive order Thursday issuing a single regulation framework for artificial intelligence, undermining the power of individual states. […]
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