A special-purpose procurement company backed by shareholder activist Starboard Value LP is reaching a deal to merge with data center provider Cyxtera Technologies Inc., according to people familiar with the matter. Starboard …
Read More »IBM’s withdrawal from Watson highlights broader health struggles for AI
Ten years ago, Watson, the artificial intelligence system of International Business Machine Corp., outperformed humans in the “Jeopardy!” The feat was supposed to herald a change in the way machines answered questions …
Read More »IBM explores sale of IBM Watson Health
International Business Machines Corp. is exploring a possible sale of its IBM Watson Health business, according to people familiar with the matter, as the tech giant’s new CEO moves to streamline the …
Read More »22 additional dividend stocks Warren Buffett could consider buying
A Warren Buffett vote of confidence in a particular stock doesn’t mean you should jump on the bandwagon, but the Berkshire Hathaway CEO’s long-term track record speaks for itself. The man knows …
Read More »Disney, HubSpot, Cloudflare, Coherent – What to Watch When the Stock Market Opens Today
This is what we are seeing ahead of the trading action on Friday. –US stock futures tumbled Friday, putting the S&P 500 on track to end the week with moderate gains after …
Read More »Another year of remote work looms as office reopening plans are delayed
The hardest question for US corporations to answer: When should offices reopen? From Silicon Valley to Tennessee to Pennsylvania, high hopes that a swift launch of the vaccine in early 2021 would …
Read More »TikTok sale to Oracle, Walmart shelves while Biden reviews security
WASHINGTON – A U.S. plan to force the sale of TikTok’s U.S. operations to a group that includes Oracle Corp. and Walmart Inc. has been shelved indefinitely, people familiar with the situation …
Read More »Colin Kaepernick forms SPAC, with an eye toward social justice
Former NFL quarterback Colin Kaepernick is the latest to create a special-purpose acquisition company, looking to raise up to $ 287.5 million in an initial public offering. According to a filing with …
Read More »China’s love of Tickcock-style apps is a $ 5 billion IPO
Seeking to raise nearly $ 5 billion from Hong Kong stock sales as a short-video and live-streaming app in terms of popularity in China, Kuishau Technology has its eyes on the world’s …
Read More »Poshmark stock climbed 142% in market debut, with Petco also closing.
Word size Petco operates more than a thousand pet-care centers that sell supplies but also provide services. Bruce Bennett / Getty Images Poshmark And Petco Health & Wellness Company, The latest participants …
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