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IBM Is in Advanced Talks to Acquire Software Provider HashiCorp

(Bloomberg) -- International Business Machines Corp. is in advanced talks to acquire software company HashiCorp Inc., according to people with knowledge of the matter.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapBillionaire Pinaults Fight to Pull Gucci Off the Discount RackRay Dalio’s Famous Trade Is Sputtering, Investors BailingIBM and H

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Why HashiCorp Rocketed Over 21% on Tuesday

The Wall Street Journal reported IBM may be nearing a deal to buy the software maker.

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Salesforce Talks with Informatica Cool Over Price

(Bloomberg) -- Salesforce Inc.’s takeover talks with Informatica Inc. have cooled with both parties struggling to agree to terms, according to a person familiar with the matter.Most Read from BloombergTikTok to Remove Executive Tasked With Fending Off US ClaimsElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTesla Spends Weekend Cutting Prices of Cars and FSD SoftwareTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayThe Fed’s Forecasting Method Looks Increasingly Outdated as Bernan

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A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.

Borrowing from the discount window carries a stigma officials hope to reduce.

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France's Schneider Electric confirms deal talks with Bentley Systems

Schneider Electric, a French digital automation and energy management firm, on Friday confirmed that it has been engaged in preliminary talks on a potential tie-up deal with US software company Bentley Systems. "Discussions remain at a preliminary stage regarding a potential transaction, and there is no certainty that any transaction will be agreed upon. No further comment will be made until an update is warranted," the company said in a statement. Earlier, the Wall Street Journal reported, citi

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A Sneak Peak Into the Finances of Elon Musk's SpaceX

In 2002, Elon Musk launched SpaceX -- a groundbreaking company designed to reduce the cost of space travel, create commercial spaceflight, and develop a sustainable colony on Mars. Since its...

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China Asks Telecom Carriers to Drop Foreign Chips, WSJ Says

(Bloomberg) -- Beijing has ordered telecom carriers like China Mobile Ltd. to replace foreign chips in their core networks by 2027, the Wall Street Journal reported, citing people familiar with the matter.Most Read from BloombergApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsRussian Attacks on Ukraine Stoke Fears Army Near Breaking PointUS Sees Imminent Missile Strike on Israel by Iran, ProxiesVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudIsrael Bracing for Potenti

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Biden says he's "considering" Australian request to drop charges against Julian Assange

The U.S. government has accused the WikiLeaks founder of encouraging hacking to obtain classified documents

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Google is building its own AI chips—and it's a warning shot at Nvidia and Intel

The race to make better chips to fuel AI is heating up.

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Three Paramount board members to step down amid merger talks, WSJ reports

Former Spotify executive Dawn Ostroff, Sony Entertainment ex-president Nicole Seligman, Redstone attorney Rob Klieger and investment banker Frederick Terrell are expected to leave the board in the next few weeks, the report said citing people familiar with the matter. Paramount declined to comment.

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