Adobe Systems acquires Marketo Inc for $4.75 billion

Given the similarities of Marketo’s business with Adobe’s cloud-based business, the cost synergies in the deal hit a sweet spot. Adobe Systems has agreed to acquire Marketo Inc from Vista Equity Partners Management, a private equity firm, for $4.75 billion. The acquisition will boost its cloud-based digital marketing business. Adobe is sharpening its focus on…

NHTSA awards Tesla’s Model 3 a 5-star rating

NHTSA’s rating system includes information regarding the soundness of a vehicle’s rollover safety features as well as crash protection mechanism built into the vehicle. In a significant development, U.S. auto safety agency NHTSA has awarded Tesla Inc’s Model 3 a five-star rating in tests that are standard for all cars in the United States. With…

$59 Million Worth Of Crypto Currency Hacked From A Japanese Exchange

About $60 million worth of crypto currency (6.7 billion yen) has been stolen once against from another Japan based crypto currency exchange after it was hacked. The exchange lost 5,966 bitcoins was among the hacked crypto currencies. The Tech Bureau operates the exchange which is called the Zaif. The exchange said in a statement on…