U.S. Treasury Finalizes Rule Targeting Tech Investments in China; Nvidia Among Potential Casualties

U.S. Treasury Finalizes Rule Targeting Tech Investments in China; Nvidia Among Potential Casualties

The U.S. Department of Treasury has finalized a rule restricting U.S. investments and exports in high-tech sectors in China, a move that could significantly impact major U.S. companies, including Nvidia (NVDA, Financials). The rule stems… Article Source https://finance.yahoo.com/news/u-treasury-finalizes-rule-targeting-171025473.html

Judge Finalizes $65.7M Verdict Against Cisco In IP Case – Law360

Judge Finalizes .7M Verdict Against Cisco In IP Case – Law360

By Adam Lidgett (October 9, 2024, 6:54 PM EDT) — A $65.7 million verdict from earlier this year against Cisco Systems has been finalized by a Western District of Texas judge, in a case where a jury found the company infringed Paltalk’s… Article Source https://www.law360.com/texas/articles/1888592/judge-finalizes-65-7m-verdict-against-cisco-in-ip-case

IBM finalizes acquisition of Software AG’s enterprise technology business

IBM finalizes acquisition of Software AG’s enterprise technology business

Tech giant IBM has recently completed the acquisition of StreamSets and webMethods from Software AG as part of its expansion strategy to enhance its software portfolio. This move comes in response to the increasing demand for seamless integration of applications, APIs, and data across hybrid cloud environments as businesses turn to AI-based solutions. The acquisition, … Read more

Developer finalizes purchase of Costa Rican land for Google’s planned data center for $16.6 million

Developer finalizes purchase of Costa Rican land for Google’s planned data center for .6 million

Excavation work has been ongoing at the site in Cedar Rapids where a $576 million Google data center is proposed. Heaviside LLC, the developer behind the project, recently closed on the land, and grading has begun. While officials did not confirm the construction of the data center, progress is being made. The city’s development agreement … Read more

Israeli tech firm Innocom finalizes multimillion-dollar deal – I24NEWS

Israeli tech firm Innocom finalizes multimillion-dollar deal – I24NEWS

Cloud Software Group, a global software development company, has recently signed a significant deal with Innocom, one of Israel’s top IT companies, worth tens of millions of dollars. This agreement will see Innocom managing Citrix operations in Israel, Ukraine, Moldova, the Caucasus, and Central Asia to enhance customer service in the region. Innocom, a part … Read more