It must be acquisition season. Commvault, a publicly traded data protection and data management software company, today announced that it intends to acquire data backup and recovery provider Clumio for an undisclosed amount. The deal is expected to close in early October. Commvault says it’s not material to its earnings and that it’ll be funded […]
Commvault acquires data backup provider Clumio Read More »
If your startup is only remotely related to working with data pipelines, you’re probably trying to figure out how to capitalize on the current moment: Enterprises are trying to figure out how to best use data to power generative AI products, and to do that, they need robust data services. Airbyte, which launched in 2020,
Data platform Airbyte can now create API connectors by reading the docs Read More »
AI is a notorious liar, and Microsoft now says it has a fix for that. Understandably, that’s going to raise some eyebrows, but there’s reason to be skeptical. Microsoft today revealed Correction, a service that attempts to automatically revise AI-generated text that’s factually wrong. Correction first flags text that may be erroneous — say, a
Microsoft claims its new tool can correct AI hallucinations, but experts advise caution Read More »
Vista Equity Partners and Blackstone have agreed to acquire Smartsheet, the software-as-a-service (SaaS) workplace collaboration platform, for $8.4 billion in cash. The private equity firms say that the deal values publicly traded Smartsheet’s shares at a 41% premium over its 90-day average closing share price. Should regulators and shareholders approve it, shareholders would receive approximately
Vista Equity Partners and Blackstone offer to buy Smartsheet for $8.4B in cash Read More »
WordPress hosting service WP Engine on Monday sent a cease-and-desist letter to Automattic after the latter’s CEO Matt Mullenweg called WP Engine a “cancer to WordPress” last week. The notice asks Automattic and Mullenweg to retract their comments and stop making statements against the company. Today WP Engine sent what is called a “cease and
WP Engine sends cease-and-desist letter to Automattic over Mullenweg’s comments Read More »
Microsoft made waves last week when it announced a deal with Constellation Energy to restart a nuclear reactor at Three Mile Island to meet its surging data center power needs, bucking the power source’s seemingly terminal decline. In the last decade, seven nuclear reactors have been decommissioned in the U.S., while only two new ones
How Big Tech embraced nuclear power Read More »
It’s right there in the company’s name — Kestra is all about or-kestra-tion. The product acts a bit like a train station manager, but for a business environment: Kestra makes sure the trains run on time, are on the right tracks and are heading to the right station. In more complex terms, Kestra is an
Kestra raises another $8M for its open-source orchestration platform Read More »
Automattic CEO and WordPress co-creator Matt Mullenweg unleashed a scathing attack on a rival firm this week, calling WP Engine a “cancer to WordPress.” Mullenweg criticized the company — which has been commercializing the open source WordPress project since 2010 — for profiteering without giving much back, while also disabling key features that make WordPress
Linux’s luminary linchpin, Linus Torvalds, says that despite longstanding reports of burnout in the open source software development realm, Linux is as strong as ever — though he acknowledges his project is perhaps something of an outlier due to its scale and scope. Speaking to Verizon’s head of open source Dirk Hohndel at the Linux
Linus Torvalds explains why aging Linux developers are a good thing Read More »
With the perennial tensions between proprietary and open source software (OSS) unlikely to end anytime soon, a $3 billion startup is throwing its weight behind a new licensing paradigm — one that’s designed to bridge the open and proprietary worlds, replete with new definition, terminology, and governance model. Developer software company Sentry recently introduced a
Some startups are going ‘fair source’ to avoid the pitfalls of open source licensing Read More »
