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US Tech Firm Xilinx in Talks to Acquire Israel’s Mellanox
Shweta Dabholkar,
8 years ago
3 min read
According to the latest finance news, an American tech company named Xilinx is in talks to buy an Israeli storage and switching solutions firm, Mellanox. If the deal goes through, it will be valued at a staggering $5.5 billion. Read on to know more about...
American Banking Startup Cogni Secures $1.7 Million Seed Funding
Shweta Dabholkar,
8 years ago
3 min read
Trending in the latest startup news, a US-based digital banking startup called Cogni Inc has closed $1.7 million in seed funding. The new development is a boon for Cogni and will open many doors for the future of fintech. Read on to know more about...
Tech Giants like Facebook and Amazon to Get Taxed: EU
Fatema Ghasia,
8 years ago
3 min read
Finance ministers across the European Union have proposed a tax on tech giants to try to maintain a balance between luring business opportunities and addressing popular concerns about the companies not paying their fair share of taxes. This scrap among EU countries is set to...
Hyundai Invests in Israeli’s Deep Learning Startup Allegro.ai
Maurvi Narvekar,
8 years ago
3 min read
Trending in the latest AI news, Hyundai CRADLE announced a strategic investment in Israeli’s startup. Hyundai CRADLE is the motor company’s corporate venture arm that made this investment. This investment has been made with the aim to allow more rapid deployment of AI technology to...
Cornami Unveils Revolutionary Neural Net Chip Details
Maurvi Narvekar,
8 years ago
3 min read
Startup companies are developing a technology that involves developing special chips for artificial intelligence and machine learning. Trending in the tech world, Stealth startup Cornami revealed some details of its approach to chip design to run neural networks. The chip is designed to realize the...
Apple Rejoices at Record-Breaking Quarterly Revenue
Shweta Dabholkar,
8 years ago
3 min read
Trending in the latest finance news, Apple has reason to celebrate. The tech giant recently declared its quarterly revenue, and the figures are at an all-time high. The company’s fourth-quarter earnings came in at a staggering $69.2 billion. Read on to learn more about Apple’s...
Monzo Raises £85m to Become UK’s Latest Unicorn
Maurvi Narvekar,
8 years ago
3 min read
Trending in the latest financial tech news, challenger bank Monzo closed a £85 million investment. This has made the fintech valuation to reach a whooping £1 billion. With this, Monzo is now a bonafide member of the U.K. fintech unicorn club, joining recent entrant Revolut....
Palm to Launch ‘Tiny Companion’ Phone, only on Verizon
Maurvi Narvekar,
8 years ago
3 min read
Trending in the latest tech news, the Palm has announced a tiny device as a Verizon exclusive that would act as a companion phone for larger devices. This Android-powered companion device would be available for purchase from November 2nd. The initial launch price of this...
Twilio Strikes $2 Billion Acquisition Deal with SendGrid
Maurvi Narvekar,
8 years ago
3 min read
Twilio has entered into an agreement to acquire SendGrid, an email API platform. The deal is an all-stock transaction of about $2 billion. This acquisition is on the lines of Twilio’s plan to build the platform as a service system. This system would virtualize the...




