TechTaffy

tech:

taffy

Its Official Now: Zuckerberg Rings Nasdaq Bell

By TechTaffy Desk

[Techtaffy Newsdesk]

The Nasdaq CEO traveled out to California. A 28-year old CEO officially launched Internet’s largest IPO. Remotely. Several thousand people cheered. Employees shrugged, and went back to work. They have been told, somewhat jokingly, that the first guy to drive a flashy sports car in the parking lot will be met with a baseball cat. Money is not meritocracy in Menlo Park, California. Not at the Facebook offices, at any rate.

The minutes leading up the final delicious moments was spent, not celebrating, but ‘hacking’. But then, for most of Facebook employees, and quite a few million of its 901 million monthly users, “hacking” or as Zuckerberg said in an interview on ‘60 Minutes’, ” building something very quickly” is celebration.

The first trade will be taking place at 11 am. We hold our respective breath!

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.