Enterprise

Tive’s tools help companies track the status of their shipments in real time

The global supply chain is under strain, and one of the reasons is a lack of visibility into how shipments are being transported around the world. According to one recent survey, nearly half of the organizations polled reported having little-to-no visibility into their upstream supply chains. In search of a remedy, Krenar Komoni, who’d for

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Everstone acquires bootstrapped Indian startup Wingify for $200M

Private equity firm Everstone has reached a deal to acquire a majority stake in Wingify, one of India’s earliest bootstrapped software-as-a-service success stories, for about $200 million, three sources familiar with the matter told TechCrunch. The deal, finalized this week, marks a significant exit for Wingify’s founder Paras Chopra, who built the SaaS startup without

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Zombie nuclear reactors could be revived thanks to AI data center demand

A South Carolina utility wants to restart construction on a power plant that was mothballed eight years ago after running over budget and pushing an iconic American company into bankruptcy.  Hoping to capitalize on the data center power boom, state-owned utility Santee Cooper is looking for partners to help finance and complete the two reactors

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Databricks closes $15.3B financing at $62B valuation, Meta joins as ‘strategic investor’

Data analytics platform Databricks has confirmed that it has closed a previously announced $10 billion in Series J equity financing at a $62 billion valuation. The San Francisco-based company also added a further $5.25 billion in debt financing, funded by JPMorgan Chase, Barclays, Citi, Goldman Sachs, Morgan Stanley, among other “leading financial institutions and alternative

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Sales knowledge automation platform 1up gets a third of its customer leads from memes

When George Avetisov was the founder and CEO of cybersecurity startup HYPR, he spent a lot of time in the trenches with the company’s sales team. He quickly realized that regardless of how good his sales team was, they were consistently pulling in other departments to answer customer questions or fill out technical questionnaires. “They

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Google hit with $12.6M fine in Indonesia for monopolistic practices in payment system

Indonesia’s antitrust agency KPPU fined Google 202.5 billion Rupiahs, equivalent to $12.6 million, on Wednesday for antitrust violation related to its payment system services for the Google Play Store. The KPPU ordered the search giant to cease the mandatory use of Google Play Billing in the Google Play Store. It also asked Google to let

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Microsoft is no longer OpenAI’s exclusive cloud provider

Microsoft was once the exclusive provider of data center infrastructure for OpenAI to train and run its AI models. No longer. Coinciding with the announcement of Stargate, OpenAI’s massive new AI infrastructure deal with SoftBank, Oracle, and others, Microsoft says it has signed a new agreement with OpenAI that gives it “right of first refusal”

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HPE investigating security breach after hacker claims theft of sensitive data

Hewlett-Packard Enterprise is investigating a data breach after a well-known hacker claimed to have stolen sensitive information from the company. The hacker, who uses the alias “IntelBroker,” claims to have stolen a trove of data from HPE, the enterprise IT division of hardware giant HP.  In a post on a popular cybercrime forum on January

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Amazon bought more renewable power last year than any other company

Amazon bought renewable power at a rapid clip last year, adding around 100 new projects and bumping its portfolio to over 33 gigawatts of generating capacity. That’s over 10 gigawatts more than its nearest competitor, Apple. The additions made Amazon the largest corporate purchaser of renewable power, according to BloombergNEF. The company’s total portfolio is

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