German software giant SAP announced on Wednesday it has agreed to acquire digital adoption startup WalkMe for a cash transaction valued at $1.5 billion. This offer represents a significant 45% premium over WalkMe’s closing share price from the previous night. The acquisition is expected to be finalized by the third
Category: Software
Palo Alto Networks announced on Wednesday that it has reached a deal to acquire IBM’s QRadar cloud software assets as part of the cybersecurity giant’s strategy to expand its customer base and enhance its consultant network. While the terms of the deal remain undisclosed, it’s expected to close by the end of
In the past year, the UK’s tech sector has witnessed the rise of several new job roles, mirroring the dynamic nature of the tech landscape. These include roles such as AI ethics experts, blockchain programmers, and architects for the Metaverse. The prominence of these roles reflects how fast-changing the industry is, and
In 2024, the landscape for building micro SaaS (Software as a Service) products has never been more promising. Since our last update on Best 50 Micro SaaS Ideas and Side Projects in October 2023, significant shifts have occurred in the tech industry. The emergence of new AI tools has made it easier
Restaurant software giant Toast announced on Thursday that it plans to lay off 550 employees, or about 10% of its workforce. The company cited increasing competition and slowing growth as the main reasons for the restructuring. Toast now joins a growing list of tech companies implementing layoffs in 2024. Earlier this week,
Microsoft on Thursday announced a new “Copilot key” to welcome “the year of AI-powered Windows PCs.” This new AI button, designed to trigger the Microsoft Copilot service, marks the first significant change to the Windows PC keyboard layout in nearly 30 years. The Copilot key serves as a quick gateway
The tech world is abuzz with how generative AI is flipping the script on traditional software development. By analyzing existing patterns in data, these systems are paving the way for developers, offering them slick methods to match user expectations, debug with precision, and brainstorm innovative solutions. Let’s deep dive into