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Valley National agrees to buy Bluevine for $340M

Valley National Bancorp has agreed to acquire New Jersey-based Bluevine for $340M, CTech reports. Bluevine provides digital banking and payments services to 175K small and medium-sized businesses in the US. The acquisition would give the bank a digital small business platform and accelerate its technology and AI strategy.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Products Policy

Boeing awarded US$20-billion Navy fighter development contract

Boeing has been awarded a US$20-billion US Navy contract to develop the F/A-XX sixth-generation fighter, New Atlas reports. Boeing beat rival Northrop Grumman for the contract. The Navy needs a multirole aircraft that can operate...

Infrastructure Products
Infrastructure Products

Amazon commits more than $1 billion to data center communities

Amazon committed Friday to donating more than $1 billion over five years to communities neighboring its data centers, Ars Technica reported. AWS chief executive Matt Garman said communities would choose priorities including educat...

Capital Products
Capital Products

Ultraviolette raises US$85 million and plans US entry in 2027

Electric motorcycle maker Ultraviolette raised US$85 million in funding led by Yali Capital and TDK Ventures and says it plans to enter the US market in 2027, New Atlas reported. The capital will support manufacturing of its F77 a...

AI Products
AI Products

MacPaw launches Leebry to automate IT support and access changes

MacPaw is launching Leebry, an AI platform that handles basic IT support tickets, employee access changes and questions across workplace tools, 9to5Mac reported. The product grew from an internal Slack bot that MacPaw says resolve...

Products
Products

GrapheneOS says its new release fixes Pixel kernel freezes

GrapheneOS says its October 2 release fixes a Pixel kernel driver regression introduced with Android 17 QPR1. The project says the issue causes stuttering, lag and freezes under memory pressure, and can stall processes badly enoug...