Akamai Signs $11.6 Billion Cloud Deal With Anthropic
For most of its history, Akamai Technologies was known for the servers that quietly moved web pages and video across the internet’s last mile. On Thursday, the Cambridge, Massachusetts, company…
Disney Raises Disney+ and Hulu Prices for the Fourth Time in Four Years
When Disney+ launched in November 2019, it cost $6.99 a month and carried no ads. The ad-free version of the same service now costs $21.49, more than triple the original…
Nike Founder Phil Knight Pledges $1 Billion to University of Oregon
For most of its history, the University of Oregon has produced Olympic runners, a Nobel laureate and the co-founder of the world’s largest sportswear company — without ever having an…
IBM Buys a UK Cybersecurity Firm to Reach the Defense Sector
IBM’s consulting arm has spent years trying to win deeper business from the British government and its most security-conscious industries. On Wednesday the company bought its way further into that…
Lovable’s Revenue Tops $600 Million as ‘Vibe Coding’ Reaches the Fortune 500
Two years ago, the fastest way to build a small piece of software was to hire a developer. Now, at companies including Microsoft, Nvidia and Deutsche Telekom, employees are increasingly…
Bessemer Raises $5.75 Billion, Tilting Toward Growth
When Bessemer Venture Partners sits down with a founder these days, the conversation is as likely to turn to a late-stage round as to a seed check. For more than…
Amazon Puts $3 Billion Behind India’s Instant Delivery
A decade ago, Amazon taught India’s shoppers to wait a day or two for a package. The market has since taught Amazon something harder to swallow: in the biggest cities,…
Ten-Year Yield Back Above 5 Percent Sends Chip Stocks Lower
The selloff that has rattled technology stocks this autumn returned on Sept. 24, and it started, as it usually does, in the bond market rather than the stock market. U.S.…
SpaceX Unlocks 328 Million Shares as Starship Nears Orbit
The Super Heavy booster stood on the launch mount at Starbase in south Texas early Wednesday, its Starship upper stage lowered on top in the first full stack of a…
Island Doubles Its Value as Companies Hunt for AI Guardrails
“Every old control is breaking, so everything’s up for grabs,” Mike Fey said in an interview. The chief executive of Island, a Dallas security company, was explaining why he believes…
