Where does the buck stop in your security program? In many cases, this can be operationally defined by identifying who will take the blame and suffer the consequences when something goes wrong.
U.S. investment firm Bain Capital is seeking to sell the China business of data centre operator WinTriX DC Group, in a deal that could value the business at over $4 billion, two people with knowledge of the situation said.
Tokyo-based satellite maker Axelspace plans to list its shares as early as June, two sources said, the latest in a steady stream of domestic space startups tapping the Japanese capital markets amid mixed investor views on the sector’s prospects.
Anthropic, the U.S. AI company behind the Claude chatbot, said on Monday it would create more than 100 roles in Europe, including in Dublin and London, as it appointed Guillaume Princen as its Europe, Middle East and Africa head.
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Streaming media firm China Ruyi Holdings, backed by gaming and internet company Tencent, is aiming to raise between $300 million and $500 million in convertible bonds next week, two sources with knowledge of the plan said.
Arm Holdings expects its share of the global market for data center central processing units to surge to 50% by the end of the year, up from about 15% in 2024 with gains driven by the boom in artificial intelligence, a senior executive said.
Artificial intelligence startup Scale AI is seeking a valuation as high as $25 billion in a potential tender offer as it looks to capitalize on the booming demand for the technology, Business Insider reported on Friday, citing multiple sources.
Italy intends to appoint Marcello Sala, head of an economy ministry department that manages state-run firms and asset disposals, as a supervisory board member at chip maker STMicroelectronics, three sources said.
Ubisoft shares rose more than 10% on Friday after the French video game maker announced plans to set up a subsidiary in which Tencent will invest 1.16 billion euros.
Singapore-headquartered Grab is seeking a loan of up to $2 billion to support its potential takeover of Indonesia’s GoTo, Bloomberg News reported on Wednesday citing people familiar with the matter.
Tata Sons’ acquisition of an additional 10% stake in Tata Play from an affiliate of Singaporean sovereign wealth fund Temasek Holdings has received regulatory clearance, the Competition Commission of India (CCI) said on Monday.