Category: U.S.

Cisco is purchasing the cybersecurity company Splunk in an all-cash transaction at a price of $157 per share. (Photo: David Paul Morris | Bloomberg)
Estimated read time 5 min read
Technology U.S.

Cisco’s acquisition of Splunk set at $28 billion

  • Post Date 09/21/2023

Cisco is acquiring cybersecurity software firm Splunk in an all-cash transaction valued at approximately $28 billion, equivalent to $157 per share, as announced by the [more…]

On Monday, Qualcomm announced its commitment to provide Apple with 5G modems for smartphones until 2026. (Photo: Techjuice)
Estimated read time 2 min read
Technology U.S.

Apple renews its agreement with Qualcomm for 5G modem supply, indicating that its in-house modem chip development is not yet prepared.

  • Post Date 09/11/2023

Qualcomm’s stock experienced an 8.5% increase to $115.21 in premarket trading following the announcement of a three-year contract to provide Apple with 5G communication chips, [more…]

This photograph from SpaceX captures the inaugural test firing of six Raptor engines on the Starship SN20 rocket prototype. (Photo: Space X)
Estimated read time 2 min read
Technology U.S.

FAA halts SpaceX Starship Rocket operations pending repairs

  • Post Date 09/08/2023

On Friday, the Federal Aviation Administration (FAA) instructed SpaceX, led by Elon Musk, to maintain the grounding of its Starship Super Heavy rocket. The FAA [more…]