News

Rishabh Jaiswal / Reuters: Chipmaker Astera Labs prices its IPO at $36 per share, above its previous target range of $32-$34 per share, and seeks to raise ~$713M at a $5.5B valuation  —  Chip firm Astera Labs (IPO-ASTB.O) on Tuesday… Read More »Chipmaker Astera Labs prices its IPO at $36 per share, above its previous target range of $32-$34 per share, and seeks to raise ~$713M at a $5.5B valuation (Rishabh Jaiswal/Reuters)

Mike Rogoway / Oregonian: PE firm Francisco Partners agrees to acquire Portland, Oregon-based Jama Software, which helps companies develop complex tech products, for $1.2B  —  Jama Software, which helped lead a brief renaissance in Portland technology in the decade after… Read More »PE firm Francisco Partners agrees to acquire Portland, Oregon-based Jama Software, which helps companies develop complex tech products, for $1.2B (Mike Rogoway/Oregonian)

Business Insider: Sources: OpenAI plans to release GPT-5 in mid-2024, likely during summer, and some enterprise customers have recently received demos of the latest model  —  – OpenAI’s main product is the popular generative AI tool ChatGPT.  — Since its… Read More »Sources: OpenAI plans to release GPT-5 in mid-2024, likely during summer, and some enterprise customers have recently received demos of the latest model (Business Insider)

Ionut Arghire / SecurityWeek: Researchers say misconfigured Firebase instances exposed 125M+ users’ records, including plaintext passwords, email addresses, and messages, across 900 websites  —  A weakness in a Firebase implementation allowed researchers to gain access to names, phone numbers, email… Read More »Researchers say misconfigured Firebase instances exposed 125M+ users’ records, including plaintext passwords, email addresses, and messages, across 900 websites (Ionut Arghire/SecurityWeek)

Shirin Ghaffary / Bloomberg: Inflection AI plans to license its technology to Microsoft; a source says investors in Inflection AI, which has raised more than $1.5B, will be made whole  —  – Reid Hoffman will be last remaining co-founder at… Read More »Inflection AI plans to license its technology to Microsoft; a source says investors in Inflection AI, which has raised more than $1.5B, will be made whole (Shirin Ghaffary/Bloomberg)

Echo Wang / Reuters: Sources: Israeli cybersecurity company Cato Networks has hired underwriters for a US IPO as soon as early 2025; source: Cato is looking to raise more than $500M  —  Israeli cybersecurity firm Cato Networks, which was valued… Read More »Sources: Israeli cybersecurity company Cato Networks has hired underwriters for a US IPO as soon as early 2025; source: Cato is looking to raise more than $500M (Echo Wang/Reuters)

Emma Roth / The Verge: In a brief demo, Meta shows how Threads could handle fediverse sharing, including waiting five minutes before sending a Threads post to the fediverse  —  Threads is coming to the fediverse — and we just… Read More »In a brief demo, Meta shows how Threads could handle fediverse sharing, including waiting five minutes before sending a Threads post to the fediverse (Emma Roth/The Verge)

Ashley Belanger / Ars Technica: Users complain after Glassdoor started adding real names to profiles without explicit user consent; Glassdoor says it cross-populates data between its services  —  Anonymous review site Glassdoor now consults public sources to identify users.  — … Read More »Users complain after Glassdoor started adding real names to profiles without explicit user consent; Glassdoor says it cross-populates data between its services (Ashley Belanger/Ars Technica)

Cate Lawrence / Tech.eu: Solaris, which lets companies offer their own financial services via APIs, raised a €96M Series F led by SBI Group, bringing its total funding to €450M+  —  Solarisbank is a Banking-as-a-Service platform that enables other companies… Read More »Solaris, which lets companies offer their own financial services via APIs, raised a €96M Series F led by SBI Group, bringing its total funding to €450M+ (Cate Lawrence/Tech.eu)

Kate Irwin / PCMag: Fitbit is working with Google Research to create an LLM based on Gemini to provide Fitbit mobile app users with personalized data and health recommendations  —  Google is training Gemini on health data, and it’s creating… Read More »Fitbit is working with Google Research to create an LLM based on Gemini to provide Fitbit mobile app users with personalized data and health recommendations (Kate Irwin/PCMag)