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Stripe finalizes tender sale at a $91.5B valuation, says payment volumes grew to $1.4T in 2024
Digital payments platform Stripe has yet to lay out plans to go public, but in the meantime the company has thrown past and present employees a line for some liquidity. The company on Thursday confirmed a tender offer where investors will buy up shares from those employees at a valuation of $91.5 billion. Stripe said…
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IBM closes $6.4B HashiCorp acquisition
IBM has finalized its multi-billion dollar HashiCorp acquisition, two days after the U.K.’s antitrust regulator gave the deal its blessing. An IBM spokesperson confirmed to TechCrunch that the U.S. Federal Trade Commission (FTC) had also quietly greenlighted the acquisition just prior to the U.K.’s Competition and Markets Authority (CMA) on Tuesday. Today’s announcement comes 10…
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Amazon debuts Ocelot, its first quantum computing chip
Amazon Web Services (AWS) has introduced Ocelot, its first quantum computing chip. The news brings it into line with its big cloud rivals Microsoft and Google, which have also unveiled their own quantum chips in recent months, respectively Majorana and Willow. The cloud computing giant has long been investing in the quantum computing space, starting…