Russian metals magnate Vladimir Potanin has acquired a 25% stake in IT infrastructure firm Selectel. The deal, valued at about $206 million, marks another major tech investment for the billionaire this year.
Indian quick commerce startup Zepto has confidentially filed for a $1.2 billion IPO. The move comes as Amazon launches its own 15-minute service, intensifying a fierce price war in a market analysts warn could be overheating.
Lou Gerstner, the former CEO who famously rescued IBM from the brink of breakup in the 1990s, has died at 83. Hired in April 1993 as an “industry outsider,” he refocused the tech giant on customers, integrated its silos, and grew revenue by about $20 billion a year. His legacy includes creating the
Lou Gerstner, the former CEO who famously engineered IBM’s historic turnaround, has died at 83. He led the company from 1993 to 2002, steering it away from breakup and toward a services-led future. His legacy is one of brutal pragmatism and cultural revolution.
A founder’s case study from the moving industry makes a compelling argument against the pressure to always chase the new. Instead, they show how compounding trust through flawless execution is what builds brands that last. It’s a simple, powerful idea that’s incredibly hard to do.
Despite billions in investment, most AI projects are stuck in pilot purgatory with no measurable return. New research points to a critical management failure, not a technology one. The few winners are focusing on boring back-office work and process redesign.
The European Commission has launched a massive legislative package to finally integrate its fragmented capital markets. It’s a sweeping overhaul targeting everything from trading to crypto supervision. The goal is to boost growth and competitiveness, but the political fight is just beginning.
Enterprise software giant ServiceNow is making a huge move into security, agreeing to acquire device security startup Armis for $7.75 billion in cash. The deal, set to close in late 2026, marks ServiceNow’s largest acquisition ever. Armis, founded by Israeli cyber intelligence vets, hit $300 million
IFS is making a major move into warehouse management by acquiring Softeon. The deal aims to combine AI and robotics to create more autonomous, intelligent logistics operations. It’s expected to close in early 2026.
Enterprise software giant ServiceNow is making a huge move into cybersecurity, agreeing to acquire startup Armis for nearly $8 billion. The deal aims to create a comprehensive security platform for the age of AI and connected devices.
