Marvell and Lumentum Announce $115 Billion Merger Amid AI Data Center Demand

·3 views

Marvell and Lumentum have announced plans to combine their businesses in a deal valued at $115 billion. The move represents a significant wager on optical networking, a technology that is seeing growing use in artificial intelligence data centers. The companies framed the merger as a strategic bet tied to the expanding demand for AI infrastructure. Further details on deal terms and timing were not included in the initial announcement.

Read the full story at NYT Technology

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Europe and U.S. Military Probe Whether Grocery Freezers Are Being Hacked

A series of disruptions at grocery stores has prompted investigations in Europe and by the U.S. military. Some officials attribute the problems to cyberattacks. The incidents have exposed how vulnerable supply chains are to digital threats. Shops across Europe were hit again on Monday. The full extent of the attacks and their perpetrators remain under investigation.

0 comments Read more at NYT Technology

TechnologyTechCrunch ·

Squarespace cuts 19% of its workforce in broader restructuring

Website builder Squarespace has laid off 19% of its employees. The company says the job cuts are part of a wider restructuring of its organization. The source material does not provide further details on timing, affected roles, or the company's stated reasons beyond restructuring.

0 comments Read more at TechCrunch

TechnologyThe Verge ·

Apple Watch Ultra 4 drops to $699.99, matching its lowest price yet

Amazon is selling Apple's Watch Ultra 4 for $699.99, a $100 discount in several colors that equals its all-time low. The model is powered by the new S11 chip and adds Apple Intelligence features such as Sound Recognition for alarms and doorbells, plus Live Rewind for replaying the last 15 seconds of a conversation. Health tracking is expanded with more accurate EKG readings, heart rate checks as often as every five seconds, and a new Readiness score from zero to 10 based on activity, sleep, and other metrics. Apple promises up to 50 hours of battery life, double the Series 12, and the watch keeps its brightest display and rugged, water-resistant design. The article also notes smaller deals on a Ugreen tracker, Apple bands, and a Hoto cordless staple gun.

0 comments Read more at The Verge

TechnologyTechCrunch ·

New York Times and Other Outlets Sue Brave Over Alleged Content Scraping

The New York Times has filed a lawsuit against Brave, the privacy-focused web browser company, accusing it of scraping the outlet's copyrighted content. The complaint alleges Brave then distributed that material unlawfully to its own customers. The publication names companies such as Anthropic and Perplexity as examples of those customers. Other news outlets are reportedly joining in similar legal action against the browser maker. The case centers on claims that the copyrighted reporting was taken and redistributed without authorization.

0 comments Read more at TechCrunch