Cisco is acquiring ThousandEyes, a 10-year old developer of software that tracks network performance for applications running on cloud providers. Terms weren’t disclosed but Bloomberg reported that Cisco is paying around $1 billion. ThousandEyes shows how Cisco aims to stay relevant amid the broad industry shift to cloud computing. As companies use more cloud applications, they’re buying less...
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Meta Rehires Partnerships Executive After Vowing to Shrink Management
Meta Platforms CEO Mark Zuckerberg’ effort to cut back on middle managers isn’t stopping the company hiring more middle managers. Meta has re-hired a veteran manager, Nick Grudin, to oversee its relationships with media companies and other creators, just seven months after Grudin quit to join Dapper Labs, an NFT startup. Grudin will resume his old job, reporting to his previous boss...
Virgin Orbit Nears $200 Million Funding Deal
Amazon Tests Palm-Scanning Technology at Panera Bread
Toyota Phases Out Amazon Alexa in Vehicles, Explores ChatGPT
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