Cambridge-based cybersecurity firm Darktrace has accepted a $5.3 billion acquisition offer from US private equity giant Thoma Bravo, a 44% premium over its recent share price.
Sectors
Breakfast Giant General Mills Considers $2 Billion Sale of North America Yogurt Business
General Mills is exploring selling its North American yogurt business, including the Yoplait brand, for more than $2 billion.
Elon Musk Vs. Australia: X Opposes Demand To Remove Bishop Attack Video Globally
Elon Musk's X said that no government should possess such authority. Elon Musk and Australia are not on good terms after a violent video showing a bishop getting stabbed in Sydney spread on his social media platform, X.
Potential Gas Price Change Anticipated Following Chevron and Exxon Mobil Q1 Profits Dip
Chevron (CVX) and Exxon Mobil (XOM) reported a decline in first-quarter revenue compared to the previous year, citing lower margins on refined product sales, sparking concerns among investors about the potential impact on gas prices and the energy market.
Tesla Cybertruck Owners Can Now Power Their Homes Using The Vehicle's Battery; But Installation Price Is Expensive
Tesla Cybertruck owners are exploring the potential to power their homes using their vehicle's battery, but the installation costs are proving steep, exceeding $30,000 for some.
Latest News
ByteDance, the parent company of TikTok, has firmly stated that it has no plans to sell the business, despite the recent US law that requires it to do so or face a ban in America.
The Department of Promotion of Industry and Internal Trade in India is confident that its new EV policy measures will attract and allow more global firms to enter the market.
Beijing city officials are providing subsidies for businesses that buy artificial intelligence (AI) chips made in China.
US Secretary of State Antony Blinken has emphasized the importance of fair treatment for American businesses during his visit to China.
The Minneapolis City Council imposed a minimum retail price of $15 a pack on cigarettes to improve public health.
Former President Donald Trump lambasted "Bidenomics," or the economic policies under President Joe Biden, before entering the Manhattan courtroom on day seven of hush money trial.
Amélie's French Bakery has encouraged customers to report the hacked Facebook page, which currently has 54,000 followers.
Walmart announced on Thursday that Rob Walton, the longest-serving member of its board, will step down from his position.
Tesla's former executive Drew Baglino, who resigned last week, sold shares for $181.5 million, according to an SEC filing.
