Nvidia agrees to a licensing deal with Groq; CEO Jonathan Ross and other top executives will join Nvidia; Groq says it will continue operating independently
anybody who knows anything about AI chips knows groq's first gen chips aren't competitive but maybe their upcoming chips might have been able to threaten nvidia? @josephjacks_ : Overly simplistic take...
Cellebrite acquires Florida-based Corellium, which makes phone virtualization tools, for $170M; founder Chris Wade, who Trump pardoned in 2020, will stay as CTO
Corellium founder and CEO Chris Wade is selling his startup to Cellebrite, law enforcement's favorite cellphone forensics business.
Equity management service Carta cuts 10% of its staff, impacting up to ~200 employees, and sues its former CTO; the company was valued at $7.4B in August 2021
Natasha Mascarenhas / TechCrunch :
Snap plans to “substantially reduce” hiring, authorizes a stock repurchase program of up to $500M, and locks in CEO and CTO roles until at least January 1, 2027
Hannah Murphy / Financial Times :
Coinbase acquires Earn.com, which lets users earn bitcoin by completing tasks, hires Earn.com CEO Balaji Srinivasan as CTO; sources say deal is valued at $120M+
and very much in charge — of those two earlier failures? http://twitter.com/...
Sources: Coinbase in talks to acquire Earn.com, a paid inbox service formerly known as 21.co, for $100M, wants Earn's Balaji Srinivasan to become Coinbase's CTO
Sources: Coinbase in talks to acquire Earn.com, a paid inbox service formerly known as 21.co, for $100M, wants Earn's Balaji Srinivasan to become Coinbase's CTO
Verizon to acquire Jason Kilar's video startup Vessel, will use its tech but shut service down; co-founder Richard Tom to become CTO for Verizon digital efforts
Kilar won't be joining Verizon, but his co-founder, Richard Tom, will. — Verizon said Wednesday it is buying the technology behind Vessel …
Salesforce buys word processing app Quip, sources say for $750M
Salesforce is continuing its buying spree to expand the services that it offers to its customers. The company has just announced that it is acquiring Quip, the cloud-based word processing app that wa...
GM buys Sidecar assets for less than the company raised, hiring 20 including CTO, as it plans possible commute-sharing service for GM owners
General Motors Salvages Ride-Hailing Company Sidecar for Parts — The automaker is buying the startup's technology and assets