Video platform Vimeo announced on Wednesday that it has agreed to be acquired by Bending Spoons, one of Europe’s largest mobile app developers, in an all-cash deal valued at approximately $1.38 billion. The deal is expected to close in the fourth quarter of 2025, subject to customary closing conditions and regulatory approvals. Vimeo will be delisted from exchanges once the deal closes. The announcement comes as Bending Spoons was interested in a potential takeover of Vimeo as far back as March 2024. “At ...

Microsoft will pay to use Anthropic’s AI in Office 365 apps, The Information reports, citing two sources. The move means that Anthropic’s tech will help power new features in Word, Excel, Outlook, and PowerPoint alongside OpenAI’s, marking the end of Microsoft’s previous reliance solely on the ChatGPT-maker for its productivity suite. Microsoft’s move to diversify its AI partnerships comes amid a growing rift with OpenAI, which has pursued its own infrastructure projects as well as a and a potential LinkedI ...

Move over, iPhone Plus, here comes your super-slim replacement: the iPhone Air.During Apple’s iPhone event on Tuesday, the company unveiled the iPhone Air, its thinnest and lightest model to date. This replaces the Plus model in the company’s 2025 lineup, following the underperformance of the iPhone 16 Plus last year, based on data from research firm DSCC. The star of today’s event draws inspiration from Apple’s MacBook Air strategy, which debuted in 2008 as the thinnest laptop available, positioned betwee ...

Apple on Tuesday unveiled three new Apple Watch configurations and its annual hardware event: the Apple Watch Series 11, Apple Watch Ultra 3, and Apple Watch SE 3.Apple Watch Series 11The Apple Watch Series 11 can alert you to possible hypertension. It uses data from the optical heart sensor and looks for chronic high blood pressure by analyzing how your blood vessels respond to beats of the heart. The algorithm works in the background, reviewing data over 30-day periods and will notify you if it identifies ...

Apple launched the iPhone 17 series today at its “awe-dropping” event, with the base model getting an upgraded display.The iPhone 17 has a slightly bigger screen at 6.3 inches as compared to the 6.1-inch screen of the iPhone 17. The display itself is getting an upgrade with the ProMotion display, which is being used in the base model for the first time. It supports a 120Hz refresh rate and dynamically switches to different refresh rates using the LTPO (Low-Temperature Polycrystalline Oxide) tech. This disp ...

In Brief At the AI Infrastructure Summit on Tuesday, Nvidia announced a new GPU called the Rubin CPX, designed for context windows larger than 1 million tokens. Part of the chip giant’s forthcoming Rubin series, the CPX is optimized for processing large sequences of context and is meant to be used as part of a broader “disaggregated inference” infrastructure approach. For users, the result will be better performance on long-context tasks like video generation or software development. Nvidia’s relentless de ...

Tesla has asked the San Francisco, San Jose, and Oakland airports about acquiring permits to operate a ride-hailing service at each location, according to Politico. Tesla appears to have contacted each airport right around the time it started up a nascent charter service in California in late July. In the case of the San Francisco and Oakland airports, representatives told the outlet that they had been contacted, but had yet to meet with Tesla. The San Jose airport spokesperson confirmed no application for ...

Tesla is updating its utility-scale Megapack batteries as it seeks to stem the decline of its lucrative energy storage business.The new battery product known as Megapack 3, which Tesla revealed late Monday, are a bid to lure utilities and data center developers that are desperate for power. Megapack 3 stores around 1 megawatt-hour more electricity than Tesla’s largest existing offering and promises a longer lifespan. Tesla also introduced Megablock, a grouping of four Megapack 3 units that can store 20 meg ...

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Cybersecurity is a massive sector, but startups in the category are more likely to be acquired than go public. Even Wiz, which for a time held the title of the fastest-growing startup, abandoned its IPO ambitions when it agreed to sell to Google earlier this year.In the past few years, there have been scant few significant cybersecurity debuts such as SentinelOne in 2021, and Rubrik last year. Next week, the sector is expected to add one more public company: the cloud cybersecurity platform Netskope. The 1 ...