Motorola Solutions closes $1.3 billion D-Fend acquisition
Motorola Solutions closed its $1.3 billion acquisition of D-Fend, adding technology to detect and mitigate drones, according to a Yahoo Finance account of its third-quarter earnings call.
Ocient raises $100 million to expand AI analytics business
Chicago-based data analytics company Ocient said it raised $100 million in Series C funding to expand its agentic AI analytics business, SiliconANGLE reported. Boka Capital and OCA Ventures co-led the round. Ocient makes a data analytics platform.
Google buys Crusoe's Wyoming data centre site to build it itself
Google has bought Crusoe's data centre site in southeast Wyoming and will build the project itself, Crusoe said Friday. The acquisition follows Google's announcement a day earlier that it would spend $17B on its first Wyoming data centre in Laramie County.
Calix reports hardware margin pressure as software contracts expand
Calix reported that its third-quarter non-GAAP appliance gross margin fell 220 basis points sequentially to 50.7%, with management primarily blaming higher memory-component costs.
Binance names Justin Yek to replace departing CFO Kaiser Ng
Binance chief financial officer Kaiser Ng is leaving and will be replaced by Justin Yek, TechCrunch reported. Co-CEO Yi He said Ng would pursue a new venture and that the exchange had implemented a transition plan over the last half year.
EU preliminary findings challenge TikTok's recommendation design
The European Commission has preliminarily accused TikTok of violating the Digital Services Act by failing to mitigate mental health risks from its personalized video feed.
