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Biden signs an EO to increase the cyber defenses of maritime ports via additional Coast Guard powers, invest $20B in infrastructure over…

Christian Vasquez / CyberScoop: Biden signs an EO to increase the cyber defenses of maritime ports via additional Coast Guard powers, invest $20B in infrastructure over five years, and more — National security officials have been sounding the alarm over a China-linked hacking group that's been targeting critical infrastructure. Christian Vasquez / CyberScoop: Biden signs an EO to increase the cyber defenses of maritime ports via additional Coast Guard powers, invest $20B in infrastructure over…

Adobe has a big hole to fill after the $20B Figma deal falls through

Adobe and Figma ended their $20 billion acquisition dream this morning after regulators signaled it would continue to be rough going. Figma still gets a $1 billion consolation prize as part of the deal, and as the leader in collaborative design, the company should land on its feet just fine. But for Adobe, it could be another story. They badly wanted this company, recognizing that the offering they had put up to compete with it, XD, wasn’t nearly as strong. They tried to use their corporate clout to get control of…

Xiaomi is up 60%+, gaining about $20B in market value since June 2023 on the back of strong Xiaomi 14 series sales and its foray into EV and…

Streamline your email outreach strategy for success  —  This is a guest post by Upwise.  For a successful email outreach, it's crucial to align sales data with the marketing strategy.  However, this alignment is often hindered by siloed systems. Streamline your email outreach strategy for success  —  This is a guest post by Upwise.  For a successful email outreach, it's crucial to align sales data with the marketing strategy.  However, this alignment is often hindered by siloed systems. FOLLOW US ON GOOGLE NEWS…

Germany syphons €20B from climate pot to fund chip fabs

Germany’s finance ministry is investing €20bn from its climate fund to bolster local production of semiconductors — critical components in everything from smartphones to fridges. The money will be doled out to a handful of chipmakers by 2027, Bloomberg reports.   The lion’s share of the subsidies will go to Intel’s planned megafab in Magdeburg, which will build advanced Angstrom-era chips. After months of protracted negotiations, the American chip giant managed to squeeze €10bn from the German…

What happens if regulators nix the $20B Adobe-Figma deal?

When Adobe announced it was putting up $20 billion to buy Figma in September 2022, it didn’t take long before people began assuming it was a blatant attempt to take a competitor off the market.  It was certainly curious, especially considering the offer was double what the company’s most recent valuation had been and worth around 50x Figma’s revenue. It’s hard to argue that the deal wasn’t a display of brute force on Adobe’s part, the kind of corporate rollup that regulators are trying to put a stop to after years of…

Snowfall Protocol (SNW) Shines Bright as Ripple (XRP) Market Cap Crosses $20B and Stellar (XLM) Joins CFTC’s Advisory Committee

In the ever-evolving world of cryptocurrency, new projects and protocols are constantly emerging, each with its unique set of features and benefits. One such project that has recently been gaining attention is Snowfall Protocol (SNW). In this article, we will take a closer look at Snowfall Protocol (SNW), and compare it to two other major players in the crypto space: Ripple (XRP) and Stellar (XLM). Ripple’s (XRP) Market Cap Reaches $20 Billion Amid Legal Uncertainty with SEC On the surface, Ripple’s (XRP)…

A look at Intel's challenges in building its $20B Ohio chip fabs, set to open in 2025, including finding 7,000 construction workers…

Andrew Welsh-Huggins / Associated Press: A look at Intel's challenges in building its $20B Ohio chip fabs, set to open in 2025, including finding 7,000 construction workers during a local building boom — Ohio's largest-ever economic development project comes with a big employment challenge: how to find 7,000 construction workers … Andrew Welsh-Huggins / Associated Press: A look at Intel's challenges in building its $20B Ohio chip fabs, set to open in 2025, including finding 7,000…

Colombia finds $20B likely tied to money laundering

Funds were detected through more than 20,000 suspicious activity reports flagged by the South American country's financial crimes unit for over three years, officials say. Colombia's penal code outlines 66 types of crimes linked to money laundering including drugs and arms trafficking, customs fraud and people…

VW breaks ground on new battery factory, will invest €20b into “PowerCo” spinoff

VW has announced another big battery investment, this time committing €20 billion to battery production through 2030 with a new battery production spinoff named “PowerCo.” The announcement was made at the groundbreaking ceremony for its new battery factory in Salzgitter, Germany, the first of six plants in Europe as unveiled at VW’s “Power Day” event last March. “PowerCo” has the potential to eventually produce up to €20 billion in annual revenue, according to VW. VW expects that their battery plants will…

Cerebras says its "wafer-scale" chip sets a record for the largest AI model trained on a single device with up to 20B parameters…

Francisco Pires / Tom's Hardware: Cerebras says its “wafer-scale” chip sets a record for the largest AI model trained on a single device with up to 20B parameters — Democratizing large AI Models without HPC scaling requirements. — Cerebras, the company behind the world's largest accelerator chip in existence … Francisco Pires / Tom's Hardware: Cerebras says its “wafer-scale” chip sets a record for the largest AI model trained on a single device…