IBM acquires Apptio from Vista for $4.6B in cash to double down on hybrid cloud services
As cloud architecture continues to more ubiquitous among organizations, increasingly what is more apparent is that many organizations are taking a hybrid approach, blending SaaS in private and public clouds with some products that remain on premises. Today, IBM made a big acquisition doubling down on the hybrid concept: it
Read moreDrag equation exponent variation
The motion of a falling body of mass m is given by where the term −kvr accounts for drag due to air resistance. One can derive r = 2 under simple physical assumptions, but if I remember correctly other values of r may be more realistic in certain circumstances. I
Read moreAdobe indemnity clause designed to ease enterprise fears about AI-generated art
When it comes to artworks created by generative AI, enterprise users have specific legal concerns around permissions – and Adobe has recognized those worries. That’s why the company has written an indemnity clause that states that Adobe will pay any copyright claims related to works generated in Adobe Firefly, the
Read moreHashtag Trending Jun.26-TikTok admits to storing U.S. data in China; Meta to restrict news to Canadians; Musk vs. Zuckerberg cage match
TikTok finally admits to storing US data in China, Meta says it will restrict news to Canadian users of Facebook and Instagram and just when you think that Elon Musk can’t be any more immature…. These and more top tech news stories from Hashtag Trending and Tech News Day.
Read moreAston Martin taps Lucid to help develop electric vehicles
Lucid Group, the U.S. automaker that produces the luxury all-electric Air sedan, will supply Aston Martin with powertrain components for future electric vehicle models, the companies said Monday. The iconic British luxury automaker aims to launch an EV in 2025. The agreement marks a first for Lucid — a chance
Read moreFrench VC firm Frst reaches $80 million first close for its new seed fund
Frst, the Paris-based VC firm with no vowel in its name, is in the process of raising its second fund. The firm has already reached a first closing of €72 million (nearly $80 million at today’s exchange rate). And if there’s one thing to say about this new fund is
Read moreUTU raises $35M to help travelers get more from tax-free shopping
Utu, a travel tech company that helps flyers get more out of their tax-free shopping, announced today it has raised a $35 million Series B led by SC Ventures. Part of the funding was used to acquire CardsPal, a Singapore-based fintech that offers deals and promotions nearby to users. During
Read moreTreasurySpring raises $29M to expand its investment platform aimed at businesses with excess cash
Of the many issues highlighted by the collapse of Silicon Valley Bank, one big one was the liability of having too much cash sitting in too few bank accounts. Today a London startup called TreasurySpring — which has built a platform for businesses to put some of their cash reserves
Read moreRivian adopts Tesla charging standard, Cruise adds Android and Ford lands a $9.2B loan
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving
Read moreThe 2023 Asus Zenbook S 13 OLED is a pint-sized powerhouse with a gorgeous display
Asus is stretching the boundaries of what’s possible with thin and light portable PCs, and the 2023 Asus Zenbook S 13 OLED sets a high bar for what’s possible in an ultraportable. The computer weighs in at just 2.2 lbs, and it’s only 0.39 inches thick — small enough that
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