Abbott Laboratories is acquiring cancer test maker Exact Sciences for $21 billion. The deal comes as Abbott’s diagnostic division faces declining revenue from COVID tests that once generated over $8 billion annually.
State-sponsored actors and ransomware groups are increasingly targeting operational technology systems. Manufacturing bears the brunt with 41.5% of all detections. The IT/OT boundary has become the primary attack vector.
Walmart is moving to acquire R&A Data, a company that uses AI to detect counterfeit products on online marketplaces. This comes after CNBC found at least 43 vendors using stolen business identities on Walmart’s platform. The marketplace grew 17% globally and is becoming a critical profit driver for
Modern flash storage delivers more performance and capacity than most organizations need, yet storage systems still get replaced every 3-5 years. The real bottleneck isn’t the hardware – it’s the layered software stacks that create overwhelming inefficiency over time. Unified architectures might fin
Crusoe has secured $1.375 billion in Series E funding, pushing its valuation past $10 billion. The oversubscribed round was co-led by Valor Equity Partners and Mubadala Capital with participation from more than 20 firms including Nvidia and Salesforce Ventures. The company is building massive AI dat
Roblox is rolling out mandatory facial recognition age verification to unlock chat features. The system launches in Australia, New Zealand, and the Netherlands in December before expanding worldwide. Users will be restricted to chatting with others in similar age groups unless they establish “Truste
A new report reveals most baby boomer business owners plan to sell within five years, but many are dangerously unprepared. Without proper valuation and delegation, owners risk selling for far less than their business is worth and jeopardizing their retirement security. The consequences of poor plann
Crypto mining company Bitfarms is fully converting its Washington facility from Bitcoin mining to AI computing. The $128 million project will create 18MW of capacity for HPC/AI workloads by December 2026. This marks a strategic pivot as the company phases out Bitcoin mining entirely by 2027.
Scientists have developed microscopic hydrogel spheres filled with blood-detecting bacteria that can identify gastrointestinal disease non-invasively. The magnetic pills pass through the digestive system and can be retrieved from stool for analysis within 25 minutes, showing promise as a gentler alt
The US Department of Energy is providing a $1 billion loan to restart Three Mile Island’s Unit 1 reactor. Microsoft has committed to buying all 837MW of power from the plant through a 20-year agreement starting in 2026.
