Category: Industry News

Clearwater Acquires Enfusion: $1.5 Billion Investment Management Platform Deal

Clearwater Acquires Enfusion: $1.5 Billion Investment Management Platform Deal

supportJan 14, 2025

Clearwater Analytics has announced its acquisition of investment management platform Enfusion for $1.5 billion, aimed at enhancing its offerings in the asset management industry. Clearwater…

Biden Administration Rejects Tesla's $100 Million Funding Request for Big Rig Charging Infrastructure - Again!

Biden Administration Rejects Tesla’s $100 Million Funding Request for Big Rig Charging Infrastructure – Again!

supportJan 14, 2025

The Department of Transportation has allocated $636 million to enhance electric vehicle charging infrastructure in the U.S., distributing funds to 49 applicants. Notably, Tesla’s $100…

Moody's Expands Portfolio with Acquisition of Cape Analytics: Pioneering Geospatial AI Solutions for Insurance Providers

Moody’s Expands Portfolio with Acquisition of Cape Analytics: Pioneering Geospatial AI Solutions for Insurance Providers

supportJan 14, 2025

Moody’s has acquired Cape Analytics, a geospatial AI startup, to enhance its insurance offerings through advanced AI technologies for underwriting. The undisclosed deal will close…

eBay Acquires Caramel: Simplifying Online Car Sales and Minimizing Risk

eBay Acquires Caramel: Simplifying Online Car Sales and Minimizing Risk

supportJan 14, 2025

eBay plans to acquire Caramel, a startup aimed at simplifying the car buying and selling process by streamlining verification, financing, paperwork, ownership transfer, and insurance.…

Sonos CEO Patrick Spence Steps Down After Controversial App Update Fiasco

Sonos CEO Patrick Spence Steps Down After Controversial App Update Fiasco

supportJan 14, 2025

Sonos is undergoing significant leadership changes, with CEO Patrick Spence stepping down after eight years. Tom Conrad, a board member and co-founder of Pandora, has…

Mastodon Shifts to Nonprofit Model: A New Era for Decentralized Social Networking

Mastodon Shifts to Nonprofit Model: A New Era for Decentralized Social Networking

supportJan 13, 2025

Mastodon, the decentralized social network, plans to establish a new nonprofit organization in Europe to decentralize ownership of its ecosystem, preventing single-person control akin to…

Mastering Apple: A Simple Guide to Disable Intelligence-Powered Notification Summaries

Mastering Apple: A Simple Guide to Disable Intelligence-Powered Notification Summaries

supportJan 13, 2025

With the launch of iOS 18, Apple introduced Apple Intelligence, an AI feature that summarizes notifications, consolidating multiple alerts from one app into a single…

Unpacking the Surge: Exploring the Factors Driving Ballooning Video Game Budgets

Unpacking the Surge: Exploring the Factors Driving Ballooning Video Game Budgets

supportJan 13, 2025

The video game industry is facing soaring development costs, with some titles exceeding $200 million, as highlighted by comparisons of Naughty Dog’s projects over the…

Top Highlights and Must-See Innovations from CES 2025: Everything You Missed!

Top Highlights and Must-See Innovations from CES 2025: Everything You Missed!

supportJan 13, 2025

In this week’s Tech News Roundup, we cover highlights from CES 2025, including Nvidia’s AI supercomputer, a robotic cat by Yukai Engineering, and Kirin Holdings’…

Get Ready to Ride: My Thrilling Adventure Aboard the Arc Sport Electric Boat!

Get Ready to Ride: My Thrilling Adventure Aboard the Arc Sport Electric Boat!

supportJan 13, 2025

Arc Sport showcased its innovative electric boat at CES 2025, designed by former SpaceX engineers and emphasizing sustainable waterways. During a demo at Lake Mead,…