IBM is reportedly nearing a deal to acquire Red Hat, the software company valued at $20 billion

  1. IBM is reportedly nearing a deal to acquire Red Hat, the software company valued at $20 billion  Business Insider India
  2. IT’S OFFICIAL: IBM is acquiring software company Red Hat for $34 billion  Business Insider
  3. IBM to Buy Red Hat for $33 Billion in Its Biggest-Ever Acquisition  Fortune
  4. Full coverage


Source: Google News -Technology

300,000 coastal homes, valued at $120 billion, at risk of chronic floods from rising seas in U.S.

Hundreds of thousands of homes along U.S. coasts are at risk of devastating coastal flooding over the next 30 years as climate changes causes the oceans to rise, a new study finds. Overall, about 311,000 coastal homes worth about $120 billion are at risk of chronic flooding in the next 30 years.

     

 

 


Source: USA Today

Founder of 'revolutionary' US blood-testing startup once valued at $9bn charged with fraud

Founder of 'revolutionary' US blood-testing startup once valued at $9bn charged with fraudTheranos was established by Elizabeth Holmes in 2003 when she was just a 19-year-old Stanford drop out. Within a year it had won $6m (£4.5m) backing from investors attracted by Ms Holmes’s desire to disrupt the industry monopoly over blood tests – and she was toasted as a rising star of Silicon Valley. Ms Holmes and Mr Balwani claimed the Theranos analyser could perform a full range of clinical tests using tiny blood samples drawn from a finger stick, asserting that its results were more accurate, reliable and faster than those from conventional blood tests.


Source: Yahoo! News

Spotify Valued at $29.5 Billion as Stock Begins Trading at $165.90 Per Share

  1. Spotify Valued at $29.5 Billion as Stock Begins Trading at $165.90 Per Share  Mac Rumors
  2. Spotify’s shares open at $165.90 valuing the music streamer at $29 billion  Phone Arena
  3. Spotify Greeted on NYSE With Wrong Flag (They’re Swedish, Not Swiss)  TheWrap
  4. Live Analysis: Spotify’s First Day of Trading  Wall Street Journal
  5. Spotify begins trading at NYSE in an unusual debut that could mean trouble for Wall Street’s IPO machine  CNBC
  6. Full coverage


Source: Google News -Technology