Musk fired CEO Parag Agrawal and two other executives, according to two people familiar with the decision, writes Donie O’Sullivan and Clare Duffy.
Here is the link: https://www.cnn.com/2022/10/27/tech/elon-musk-twitter/index.html
Elon Musk has taken control of Twitter and fired its top executives — CNN
Just in
IT
Cloudflare acquires Baselime
Cloudflare has acquired Baselime, a cloud-native observability platform provider. Financial terms of the deal were not disclosed.
Fundings
Blaize raises $106M
El Dorado Hills, CA-based AI computing company Blaize has raised $106 million.
Fundings
Rivos raises $250M
Santa Clara, Calif.-based Rivos, a RISC-V accelerated platform company focusing on data analytics and Generative AI, has raised $250 million in its Series A-3 funding round
Industry
IBM, Canada, and Quebec invest $137M to strengthen semiconductor industry
IBM, the Government of Canada, and the Government of Quebec announced agreements to develop the assembly, testing and packaging capabilities for semiconductor modules at IBM Canada's plant in Bromont, Quebec.
Around the web
Net neutrality is back: U.S. promises fast, safe and reliable internet for all — NPR
Consumers can look forward to faster, safer and more reliable internet connections under the promises of newly reinstated government regulations, writes Emma Bowman of NPR.