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Cisco to Buy Cyber-Security Company Duo for USD 2.35 Billion

Cisco to Buy Cyber-Security Company Duo for USD 2.35 Billion

Cisco Systems Inc. (NASDAQ: CSCO) said Thursday that it has agreed to buy Duo Security Inc. a cybersecurity startup based in Ann Arbor, Michigan, for USD 2.35 Billion in cash and stock.The deal is Cisco’s largest acquisition since its USD 3.7 ..

Boeing leases a 100,000 square foot space with MIT for their Boeing Aerospace & Autonomy Center in Kendall Square

Boeing leases a 100,000 square foot space with MIT for their Boeing Aerospace & Autonomy Center in Kendall Square

The Boeing Company (NASDAQ: BA) and the Massachusetts’s Institute of Technology (MIT) reached an agreement in which Boeing will lease 100,000 sq. ft. for their new Boeing Aerospace & Autonomy Center in MIT’s new mixed-use district in..

FactSet Research Systems' Third-Quarter Earnings Beat Estimates

FactSet Research Systems' Third-Quarter Earnings Beat Estimates

On Tuesday, FactSet Research Systems Inc. (NYSE: FDS), announced its financial results for the third quarter of fiscal 2018.“We are making progress integrating and cross selling our acquisitions resulting in important wins this quarter, partic..

NutriSystem Shares Rise After Exceeding Q1 Estimates

NutriSystem Shares Rise After Exceeding Q1 Estimates

NutriSystem Inc. (NASDAQ: NTRI) reported its first quarter financial results and exceeds estimates in both revenue and earnings. Shares rose by 10.7 percent shortly after the closing bell on Monday.For the first quarter, NutriSystem reported revenue..

Ex-Uber CEO Launching Real Estate Startup

Ex-Uber CEO Launching Real Estate Startup

Former Uber Technologies Inc. Chief Executive Officer and Founder, Travis Kalanick announced via Twitter Inc. (NYSE: TWTR) that he will investing $150 million to take a stake in City Storage Systems. Once the transaction closes, Kalanick will become..

Microsoft pauses AMD Processor Updates on Errors

Microsoft pauses AMD Processor Updates on Errors

Microsoft Corp. (NASDAQ: MSFT) paused patches to prevent Meltdown and Spectre security threats for computer running on Advanced Micro Devices, Inc. (NASDAQ: AMD) processor chips after receiving many complaints about display errors or freezes.In Micr..

IBM Launches a 50-Qubit Quantum Computer

IBM Launches a 50-Qubit Quantum Computer

On Friday, International Business Machines Corp. (NYSE: IBM) introduced a quantum computer that handles 50 quantum qubits while also making a 20 qubit system as well that will be available through their cloud computing platform.Companies like I..