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Thomson Reuters Buys Majority Stake in Pagero

Thomson Reuters said it has bought a majority stake in the Pagero Group, taking it closer toward full control of the latter.Apart from the key shareholders, including Summa Equity, Pagero’s chief executive Bengt Nilsson, several members of the management team and employees, have sold their stock to the company, Thomson Reuters said Monday.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Thomson Reuters said it has bought a majority stake in the Pagero Group, taking it

Why Big Tech Is Still Minding Its Bills

Even the deepest pockets have their limits. Amazon and Google-parent Alphabet sit on a combined $184 billion in cash and short-term investments. Those two, along with big tech peers Microsoft, Apple and Facebook-parent Meta Platforms, hold the highest such balances among nonbanking companies on the S&P 500, according to data from S&P Global Market Intelligence. Amazon and Alphabet are also currently generating just under $95 billion combined in annual free cash flow. Copyright ©2024Dow Jones & Company, Inc.

Intel to Buy Silicon Mobility SAS

Intel agreed to buy Silicon Mobility SAS, a fabless silicon and software company that develops system-on-chips for intelligent electric vehicle energy management.The purchase is one of the plans Intel announced at CES to bring its “AI everywhere strategy into the automotive market.”Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Intel agreed to buy Silicon Mobility SAS, a fabless silicon and software company that develops system-on-chips for intelligent electric

Thomson Reuters Launches $626 Million Offer for Pagero

Updated Jan. 11, 2024 4:34 am ETThomson Reuters is launching a $626 million cash bid for Pagero Group, beating a rival offer made by Vertex for the Swedish e-invoicing provider last month.Thomson Reuters said Thursday that it will begin a public tender offer to acquire all of Pagero’s shares on Friday. It intends to pay 40 Swedish krona a share, valuing the Gothenburg-based company at SEK6.4 billion ($626.0 million).Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

How a $300 Million Flop Turned Into an Improbable Hit

Days after “Cyberpunk 2077” made its debut in December 2020, the much-hyped videogame was so buggy that Sony Group pulled it from its PlayStation store and players plastered social media with complaints of glitches. The misfire surprised gamers partly because “Cyberpunk 2077,” featuring actor Keanu Reeves, was one of the most expensive games ever released. Last month, it capped an improbable comeback by winning best ongoing game at one of the industry’s biggest awards shows.Copyright ©2024Dow Jones & Company, Inc.

Microsoft’s OpenAI Investment Could Face EU Probe

The European Union is looking into whether the bloc could launch a review of Microsoft’sinvestment in ChatGPT maker OpenAI under its merger regulations, a month after the U.K.’s Competition and Markets Authority launched a probe into whether their partnership could have an impact on competition.The European Commission, the EU’s executive arm, made the disclosure on Tuesday as it sought input from interested parties on the level of competition in virtual worlds and generative artificial intelligence, and feedback on what

ByteDance in Talks With Potential Buyers to Sell Game Titles

TikTok’s parent company ByteDance is further scaling back its ambitions in the gaming industry and is in talks to sell game titles to several prospective buyers.Chinese media LatePost reported Monday that ByteDance’s gaming unit Nuverse is negotiating to sell games to Tencent. A Bytedance spokesperson told The Wall Street Journal Tuesday that negotiations with multiple potential buyers are ongoing and Nuverse hasn’t finalized any transaction with Tencent.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.

Unity Slashes Another 25% of Its Workforce

Updated Jan. 8, 2024 5:25 pm ETUnity Software is undergoing another round of layoffs affecting approximately 25% of its workforce, as the company works to overcome a major dust-up with customers last fall.Some1,800 employees are being let go, according to an filing with the Securities and Exchange Commission on Monday.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Updated Jan. 8, 2024 5:25 pm ETUnity Softwareis undergoing another round of layoffs affecting

The Four Steps to Better Password Security

I recently staged a password intervention.One family member admitted to using the same password for every account. Another stored login credentials in iPhone Contacts. Both habits make accounts vulnerable to hackers. I had to step in.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 I recently staged a password intervention.One family member admitted to using the same password for every account. Another stored login credentials in iPhone Contacts. Both habits make

Things to Do: Our 12 Top Tech Tips of 2023

Want to be instantly smarter? Want to bend technology to your will? Want to impress friends and family? You’re in the right spot.This is a compendium of our 12 favorite “Things to Do” from this past year’s Tech Things newsletter. We’ve got plenty of advice for how to make devices more helpful, safe and fun. Here’s a taste:Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Want to be instantly smarter? Want to bend technology to your will? Want to impress friends and