In a statement database software company Couchbase Inc said, it plans on raising $161 million through an initial public offering, which could see the company valued at more than $900 million. As per its regulatory filing, Couchbase, whose investors include GPI Capital, North Bridge Venture Partners and Accel, plans on selling 7 million shares in…
On Thursday, Japan’s Kioxia Holdings Corp stated, it would build a new production line for NAND memory chips in central Japan in order to meet surging demand for data storage across industry sectors ranging from smartphones to self-driving cars. The new line, the seventh for Kioxia, will be built at its existing plant in Yokkaichi,…
In a development that underscores deepening legal troubles for Chinese video-sharing app TikTok, a California college student has filed a class-action lawsuit against it alleging that it has transferred private user data to servers in China. The allegations deepen legal troubles for TikTok, owned by Beijing ByteDance Technology Co, in the United States, and comes…
The SEC’s CIO concurs with the findings of the Government Accountability Office and said, some of the issues have either been resolved or will be in the immediate future. The Government Accountability Office, a congressional watchdog, has stated Wall Street’s top regulator needs to significantly improve the way it protects its own computer networks from…
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