Fragment emerges from stealth with $56 million raised
Procurement startup Fragment is emerging from stealth with $56 million raised from 8VC and other investors, CEO Pranav Mulgund told Axios Pro.
Google links slower search growth to AI Mode monetization
Google's search revenue rose 12% year over year to $63.25B in Q3 2026, compared with 14.5% growth in Q3 2025, The Register reported. Google attributed the slowdown to lower monetization in AI Mode.
Cyberattack on GMO unit widens bond spread
A cyberattack on a listed unit of GMO Internet Group is widening the company's bond spread in Japan's credit market, Bloomberg reported. Investors are growing more concerned about a potential hit to earnings, carrying the attack's effects into credit pricing.
ServiceNow raises subscription outlook to $15.785 billion
ServiceNow raised its 2026 subscription-revenue outlook to $15.785 billion and its free-cash-flow-margin target to 36%, Yahoo Finance reported.
Oracle pledges $20B financing limit through fiscal 2030
Oracle pledged to limit new financing to $20B through fiscal 2030 as it builds more cloud capacity, Reuters reported. The company expects capital spending to peak this fiscal year and next.
Upwind raises $400 million after declining Datadog acquisition offer
Cloud security startup Upwind raised a $400 million Series C at a $3.8 billion valuation, TechCrunch reported. Bessemer Venture Partners led the round, with existing investors Greylock Partners and Craft Ventures participating.