Martin Peers

Mastercard said it would acquire cybersecurity firm Recorded Future from private equity and venture capital firm Insight Partners for $2.65 billion, a sizable gain for Insight which acquired the firm in 2019 for $780 million.Mastercard says Recorded Future analyzes data to provide “real time visibility into potential threats,” a service that will complement Mastercard’s existing

CEO letters to staff are usually written with so much bombast and blather that they say little of note. But that’s not the case with one that came from Amazon CEO Andy Jassy today. Despite a sleepy headline, “Strengthening Our Culture and Teams,” Jassy’s letter delivers some home truths. Most notably, he made it clear that Amazon has evolved into a lumbering bureaucracy, with too many managers and some processes that don’t do it much good.

Can an old dog learn new tricks? If the old dog is PayPal, the answer seems to be yes. Under newish CEO Alex Chriss—who’s about to celebrate his first anniversary in the job—the digital payments pioneer is striking deals that should rejuvenate its business and help it challenge newer rivals such ...

Sam Altman may have Elon Musk beat for the ability to pull off impressive technological achievements despite near-constant corporate drama. Wednesday’s news that OpenAI Chief Technology Officer Mira Murati is leaving comes after numerous other high-profile exits in recent months (or in the case of President Greg Brockman, a leave of absence. ) You have to wonder— what is going on with this company?

Mark Zuckerberg has become a watch nerd. In his appearance at Connect on Wednesday, he was flashing a timepiece identified by Redditors as this one costing tens of thousands of dollars, at least the third such ultrapricey watch he has sported lately. It’s all part of a recent style makeover that ...

The term “social media” is beginning to be synonymous with “cesspool for children.” A Wall Street short seller’s report out today about Roblox, an online kids’ gaming service, painted a picture of a site you wouldn’t want your worst enemy to visit, let alone your children. It came the same day as attorneys general from a dozen states sued TikTok, alleging that the company designed the app to be addictive to kids.

Nvidia is once again in range of becoming the world’s most valuable company. Stock of the AI chip maker rose 2.4% to $138 today, giving it a market capitalization of $3.386 trillion.Nvidia is now second only to Apple, which currently has a market capitalization of $3.5 trillion. Microsoft, meanwhile, has lost ground in recent weeks and now has a market capitalization of $3.115 trillion.

Nothing particularly frightening emerged from the two big tech goliaths that reported September quarterly results tonight, Apple and Amazon. But they offered nothing particularly cheery, either.For both companies, the updates had a mix of good and bad news. Apple, for instance, reported 6% ...

You could be forgiven for missing, amid the onslaught of tech company earnings news lately, what may be the most startling business story of the week. That would be the plan by enterprise software and bitcoin investment firm MicroStrategy to raise a massive $42 billion over the next three years ...

That’s what you call delight. Stocks rocketed—the tech-heavy Nasdaq rose 3%—as Wall Street applauded Donald Trump’s victory in Tuesday’s election. Most tech stocks rose in tandem—Tesla stock jumped 15%, reflecting the benefits CEO Elon Musk is expected to earn from his vocal support for Trump. ...