Topic: ceo statement
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Unacademy's Valuation Drops Below $500M, M&A Talks Confirmed
Unacademy's valuation has crashed over 85% to under $500 million from its $3.5 billion peak, with its CEO confirming the startup is now in merger and acquisition talks. The broader Indian edtech sector has collapsed post-pandemic, with former leader Byju's in insolvency, while Unacademy has slash...
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ImmuniWeb Achieves Double-Digit Growth and Platform Breakthroughs
ImmuniWeb achieved record 2025 sales with strong profitability and double-digit growth, driven by demand for practical cybersecurity solutions and its technological advancements. The company enhanced its AI Platform with major updates, expanding threat coverage from OWASP Top 10 to emerging LLM v...
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Via Stock Rises Slightly Above IPO Price After Slow Start
Via's IPO was priced at $46 per share, raising $493 million, with shares closing above $49 and valuing the company at $3.9 billion. The company, which provides transit optimization software to 689 cities, plans to use IPO proceeds for growth initiatives and strategic acquisitions. Via has shown s...
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Nvidia Shatters Sales Records Amid Surging AI Boom
Nvidia reported record-breaking quarterly revenue of $46.7 billion, driven by a 56% surge in data center sales due to soaring AI infrastructure demand. The company's net income rose 59% to $26.4 billion, with the new Blackwell AI platform contributing significantly to data center revenue. Despite...
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Substack Data Breach Exposes User Emails and Phone Numbers
Substack experienced a data breach in October, exposing user email addresses and phone numbers, but critical financial data like passwords and credit card details remained secure. The vulnerability was identified and fixed in February, with the CEO apologizing for the failure and the five-month g...
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Adobe's AI Investment Yields Major Growth
Adobe reported record annual revenue of $23.77 billion for 2025, an 11% increase, which it credits to the widespread adoption of its AI-powered creative tools. The company's AI strategy is centered on its Firefly generative models, with AI-influenced revenue now constituting over one-third of its...
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Excite and Nuix Land $1.35M Contract Deal
Excite Technology Services has secured a $1.35 million, 12-month contract to provide Nuix software solutions to an Australian Regulator through its subsidiary CBIT. The agreement involves delivering the Nuix Neo Discover platform to support the Regulator's discovery, workflow automation, and fore...
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Atlassian Buys DX for $1B to Boost Developer Productivity
Atlassian has acquired developer productivity platform DX for $1 billion, its largest purchase to date, to enhance engineering efficiency with powerful analytics tools. DX was founded to provide meaningful productivity insights without making developers feel monitored and has grown rapidly, servi...
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SoundCloud Reverses Controversial AI Terms Update
SoundCloud reversed controversial policy changes that allowed potential AI training on user uploads after facing significant backlash from creators concerned about unauthorized use of their content. The company clarified its terms to explicitly prohibit using uploads for generative AI systems tha...
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Substack Data Breach Exposes User Emails and Phone Numbers
Substack experienced a data breach in October 2025, exposing user email addresses and phone numbers, but not passwords or financial data. The company has fixed the vulnerability and is investigating, but has not disclosed the total number of affected users or the specific security flaw. CEO Chris...
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Nvidia's Personal AI Supercomputers Are Now Available
Nvidia has launched the DGX Spark, a personal AI supercomputer that fits on a desktop, providing data center-level computational power for developing and running sophisticated AI models affordably. The device is available for order with an estimated price of $3,000, targeting professionals and st...
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Mesa Ends Mortgage-Rewards Credit Card
Mesa has permanently shut down its Homeowners Card program, closing all accounts and halting its unique rewards system for mortgage and household spending. The startup, which launched with significant funding, offered a novel credit card targeting home-related expenses but has not disclosed its f...
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Cloudflare Outage: Database Glitch Caused Widespread Disruption
Cloudflare experienced its most severe outage in six years, disrupting countless websites and online services for nearly six hours due to a database permissions adjustment that triggered a chain reaction of failures. The outage was caused by a routine update that inadvertently created duplicate d...
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Borderlands 4 DLC Revealed Amid Ongoing PC Performance Woes
Borderlands 4 DLC was announced at Tokyo Game Show, introducing a new playable character C4SH and the story expansion "Mad Ellie and the Vault of the Damned," both set for release in Q1 2026. The game continues to face technical issues, including performance and stability problems on current plat...
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Polestar 5 Electric Sedan Makes World Debut: First Look
The Polestar 5 electric sedan debuts with a minimalist Scandinavian design, eliminating the rear window for improved headroom and using a camera system for visibility. It features a bonded aluminum chassis for enhanced rigidity and reduced weight, supporting high-performance and efficient electri...
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Nvidia Invests $5B in Intel for AI Chip Partnership
Nvidia is investing $5 billion in Intel to form a strategic partnership, aiming to co-develop data center and PC hardware by combining their expertise in AI and high-performance computing. The collaboration includes technical integration using Nvidia's NVLink for faster data transfer and the deve...
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ServiceNow Acquires Cybersecurity Firm Armis for $7.75 Billion
ServiceNow is acquiring cybersecurity firm Armis for $7.75 billion in cash, significantly expanding its security portfolio and integrating asset intelligence into its platform. Armis, a rapidly growing company with over $340 million in annual recurring revenue, opted for this acquisition over an ...
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Commercial Space Station Startup Reaches Orbit
Vast's Haven Demo mission successfully reached orbit, marking a key step toward privately owned space stations and validating the company's spacecraft design under actual spaceflight conditions. The company is pursuing an iterative development strategy, with plans to advance from the Haven Demo t...
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Turtle Beach's Official Nintendo Switch 2 Headset Now Available for Pre-Order
Turtle Beach has launched the Airlite Fit wired gaming headset, an officially licensed audio solution for the upcoming Nintendo Switch 2, with backward compatibility for current Switch models. The lightweight headset features 40mm speakers, a flip-to-mute microphone, and noise-isolating e...
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Klarna's $1.4B IPO Soars, Sequoia Reaps Biggest Rewards
Klarna successfully launched its IPO on the New York Stock Exchange, raising $1.4 billion and achieving a market valuation of $15 billion with strong initial trading performance. The majority of shares sold came from existing investors like Sequoia Capital and BlackRock, who partially cashed out ...
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Internet Rebounds After Major Cloudflare Outage
A major Cloudflare network outage disrupted numerous high-traffic websites and services, including X, ChatGPT, and Amazon Web Services, due to its critical role in web infrastructure. The outage was caused by an internal configuration error that created an oversized file, leading to software fail...
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