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A TikTok Alternative Hits 380K Users After U.S. Deal Drama - Professional coverage
PrivacySoftwareStartups

A TikTok Alternative Hits 380K Users After U.S. Deal Drama

According to TechCrunch, the TikTok alternative Skylight has soared to over 380,000 users following a surge in signups over the…

Leidos Bets $2.4 Billion on the Power Grid Boom - Professional coverage
DataSoftwareTechnology

Leidos Bets $2.4 Billion on the Power Grid Boom

According to Manufacturing.net, defense and technology contractor Leidos has signed a deal to acquire engineering firm ENTRUST Solutions Group for…

Google Cloud gaming boss says AI is your Iron Man suit - Professional coverage
AIInnovationSoftware

Google Cloud gaming boss says AI is your Iron Man suit

According to TechSpot, Jack Buser, the global director for games at Google Cloud, is pushing the narrative that AI tools…

BlockchainBusinessFintech

Veteran Investor Launches $300M Digital Asset Fund After GoldenTree Spin-Out

Joe Naggar, a 16-year GoldenTree veteran, has launched an independent $300 million digital asset hedge fund. The new firm, Feynman Point Asset Management, continues the team’s successful investment strategy that has reportedly generated over 42% annualized returns since 2022.

From GoldenTree to Independent Crypto Focus

Joe Naggar, who spent 16 years as a partner at Steven Tananbaum’s GoldenTree Asset Management, has reportedly launched an independent hedge fund with $300 million under management, according to industry reports. The move marks the formal spin-out of his digital assets team from crypto-focused investment firm Republic, where they had been operating as Republic Digital.

BusinessInfrastructureTechnology

ST Telemedia Plans Major Data Center Expansion Across Maharashtra with $570M Investment

ST Telemedia’s Global Data Centre division has signed an MoU with the Maharashtra government to invest heavily in data center development. The expansion includes existing parks in Mumbai and Pune, plus a new 27-acre campus near Mumbai, enhancing India’s digital infrastructure.

Major Data Center Investment in Maharashtra

Singapore-based ST Telemedia has reportedly committed to a substantial expansion of its data center operations in Maharashtra, India, according to recent announcements. Sources indicate the company’s Global Data Centre (STT GDC) India division will invest up to INR 5,000 crore ($570 million) to develop and enhance data center infrastructure across the state.

AcquisitionsAICybersecurity

Dataminr Acquires ThreatConnect in $290 Million Deal to Enhance AI-Powered Security Intelligence

Dataminr has agreed to acquire ThreatConnect in a $290 million deal, combining AI-powered threat detection with cyber risk prioritization. The acquisition aims to deliver faster, more precise responses to emerging threats for organizations and partners.

Major Acquisition in Cybersecurity AI

Dataminr has reportedly reached an agreement to acquire ThreatConnect for $290 million, according to company announcements. Sources indicate this strategic move aims to merge Dataminr’s artificial intelligence capabilities with ThreatConnect’s cyber threat intelligence and risk prioritization platform, creating a unified offering for enhanced threat detection and response.