Salesforce snatches up Zoomin, a tool for organizing company knowledge

Salesforce is on a buying spree. After snatching up data management firm Own earlier in the month, Salesforce today announced its plans to buy Zoomin, an enterprise knowledge platform. Zoomin — which we’ve covered a handful of times before — unifies a company’s docs, like product u

Commvault acquires data backup provider Clumio

It must be M&A season. Commvault, a publicly traded data protection and management software company, announced Tuesday that it intends to acquire data backup and recovery provider Clumio for an undisclosed sum. The deal is expected to close in early October. Commvault says it

Microsoft claims its new tool can correct AI hallucinations, but experts advise caution

AI is a notorious liar, but Microsoft now says it has a fix for that. Understandably, that’s going to raise some eyebrows — and there’s reason to be skeptical. Microsoft today revealed Correction, a service that attempts to automatically revise AI-generated text that’s fact

Vista Equity Partners and Blackstone offer to buy Smartsheet for $8.4B in cash

Vista Equity Partners and Blackstone have agreed to acquire Smartsheet, the software-as-a-service (SaaS) workplace collaboration platform, for $8.4 billion in cash. The private equity firms say that the deal values publicly traded Smartsheet’s shares at a 41% premium over its 90-day average

Torq, which automates cybersecurity workflows, raises $70M in new capital

As the volume of cyberattacks grows, there’s increasing interest from the corporate sector in tech to help automate responses to breaches. Per a 2023 survey from analytics firm Devo, 80% of security leaders expected expanded investments in security automation technology this year; most cite

WP Engine sends cease-and-desist letter to Automattic over Mullenweg’s comments

WordPress hosting service WP Engine on Monday sent a cease-and-desist letter to Automattic after Automattic’s CEO Matt Mullenweg called WP Engine a “cancer to WordPress” last week. The notice asks Automattic and Mullenweg to retract their comments and stop making statements again

GitHub will allow enterprise cloud customers to store data in the EU

GitHub will soon allow cloud customers to store their code data in the European Union (EU), part of a growing push in the technology realm to meet regulatory requirements and customer expectations around data protection — particularly where sensitive information might be at play, such as in the p

How Big Tech embraced nuclear power

Microsoft made waves last week when it announced a deal with Constellation Energy to restart a nuclear reactor at Three Mile Island to meet its surging data center power needs, bucking the power source's seemingly terminal decline. In the last decade, seven nuclear reactors have been decommiss

Ephos wants to shatter the market for AI and quantum chips with a new design based on glass

A theoretical physicist believes he has made a breakthrough in photonics research that will enable us to have faster and better processors — a major need in artificial intelligence, quantum computing, and other tech with heavy workloads. Now, his startup has received early backing from NATO, the

Kestra raises another $8M for its open source orchestration platform

It's right there in the company’s name — Kestra is all about or-kestra-tion. The product acts a bit like a train station manager, but for a business environment: Kestra makes sure the trains run on time, are on the right tracks, and are heading to the right station. In more complex ter

Matt Mullenweg calls WP Engine a ‘cancer to WordPress’ and urges community to switch providers

Automattic CEO and WordPress co-creator Matt Mullenweg unleashed a scathing attack on a rival firm this week, calling WP Engine a “cancer to WordPress.” Mullenweg criticized the company — which has been commercializing the open source WordPress project since 2010 — for profiteering

Linus Torvalds explains why aging Linux developers are a good thing

Linux’s luminary linchpin, Linus Torvalds, says that despite long-standing reports of burnout in the open source software development realm, Linux is as strong as ever — though he acknowledges his project is perhaps something of an outlier due to its scale and scope. Speaking to Verizo

Some startups are going 'fair source' to avoid the pitfalls of open source licensing

With the perennial tensions between proprietary and open source software (OSS) unlikely to end anytime soon, a $3 billion startup is throwing its weight behind a new licensing paradigm — one that’s designed to bridge the open and proprietary worlds, replete with new definition, terminology,

Virtuous, a fundraising CRM for nonprofits, raises $100M from Susquehanna Growth Equity

I recently adopted a kitten from a local animal shelter. The modern, well-staffed three-story facility relies almost entirely on donations to operate. It’s just one of the 1.8 million nonprofits in the U.S. that need to continually solicit contributions from donors to maintain its services.