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Microsoft plans $10 billion in Persian Gulf spending through 2030

Microsoft will spend $10 billion through 2030 in four Persian Gulf countries, Bloomberg reports. The company plans to build infrastructure and strengthen cybersecurity as part of that spending. Microsoft President Brad Smith discussed the plan with Bloomberg. He also argued that AI safety needs independent evaluators and cannot depend on two companies. The spending is a plan extending through 2030; the summary gives no breakdown by country or project.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Bird.com raises $450 million in JPMorgan-led debt financing

Bird.com, a customer messaging company, raised $450 million in debt financing led by JPMorgan Chase & Co., Bloomberg reported. The company is seeking to return cash to its investors and employees. The transaction adds debt capital...

Capital Infrastructure
Capital Infrastructure

Hubble Network raises $200 million for satellite Bluetooth network

Satellite startup Hubble Network raised $200 million in a new funding round, Bloomberg reported, taking its valuation to $1.6 billion. The company is working on a network of spacecraft intended to provide global Bluetooth connecti...

Security Infrastructure
Security Infrastructure

Analysis identifies two flaws behind exploited MikroTik router takeover chain

CERT Polska has identified the two RouterOS SSH flaws behind a previously reported attack that can give intruders administrative control of exposed MikroTik routers without completing authentication. One flaw lets a connection rea...

Capital Robotics
Capital Robotics

Ondas acquires three Israeli defense technology firms for $56 million

Ondas is acquiring Insignito, Ottopia Defense and Caribou Labs for an initial $56 million in cash or stock, CTech reports. The deals could add up to $32 million in payments tied to performance targets through 2028 and bring 37 emp...