Reuters:
Switzerland-based cybersecurity company Infinigate merges with Dubai-based cybersecurity firm Starlink to form a company with a ~$2.2B estimated annual revenue — Cybersecurity company Infinigate Group said on Tuesday it was merging with Dubai-based cybersecurity and cloud firm Starlink …
Sara Fischer / Axios:
Memo: Meta plans to merge its business integrity unit, which moderates ads, and central integrity team, which moderates posts; the team will have ~3,000 people — Meta is merging its business integrity unit, the team that moderates ad content, with its central integrity team …
Taylor Soper / GeekWire:
Microsoft’s cloud revenue grew 24% YoY to $25.7B, including $20.3B from Intelligent Cloud, up 20% YoY, driven by Azure and other cloud services, up 35% YoY — A declining PC market and macroeconomic headwinds are slowing Microsoft’s revenue growth numbers, but the Redmond tech giant still beat expectations …
Karl Vick / TIME:
Iranian activists smuggle Starlink receivers into the country for a backup internet, citing “no Starlink donation” from SpaceX nor US government participation — Starlink receivers have begun to arrive inside Iran, smuggled into the country in hopes of providing a backup internet …
Paul Sawers / TechCrunch:
Unity, which makes the eponymous game engine, merges with adtech company ironSource in a $4.4B all-stock deal; Unity stock is down ~75% YTD and ironSource ~50% — Unity’s proposed merger with IronSource has formally concluded, with the two companies coming together to create an end …
Dan Primack / Axios:
Source: a holding company created by merging PrismHR and Vensure acquires HR startup Namely, which raised $200M+ from Sequoia and others — Three providers of human resources software and services have become one, Axios has learned. … – Both PrismHR and VES are backed by private equity firm Stone Point Capital.
Jon Brodkin / Ars Technica:
SpaceX unveils its Starlink Aviation service, promising speeds up to 350Mbps in airplanes, with a $150K one-time hardware cost and $12.5K to $25K monthly fees — Airplane operators can reserve now for Starlink deliveries in mid-2023. — SpaceX is now advertising Starlink Aviation …
Please confirm you want to block this member.
You will no longer be able to:
Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.
