Monday, August 26, 2024

Sources: IBM shuts its China R&D department, affecting 1,000+ employees, and plans to move some R&D functions overseas, the latest company to retreat from China (Raffaele Huang/Wall Street Journal)

Raffaele Huang / Wall Street Journal:
Sources: IBM shuts its China R&D department, affecting 1,000+ employees, and plans to move some R&D functions overseas, the latest company to retreat from China  —  Jobs to be added in India, employees are told  —  IBM is shutting down its China research and development department …



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Dream, co-founded by ex-NSO Group CEO Shalev Hulio with a focus on protecting critical infrastructure, raised $260M at a $3B valuation, up from $1B in 2025 (Galit Altstein/Bloomberg)

Galit Altstein / Bloomberg : Dream, co-founded by ex-NSO Group CEO Shalev Hulio with a focus on protecting critical infrastructure, raise...