Hexbyte  Tech News  Wired IBM Buying Open Source Specialist Red Hat for $34 Billion

Hexbyte Tech News Wired IBM Buying Open Source Specialist Red Hat for $34 Billion

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IBM CEO Ginni Rometty in Germany in June.Krisztian Bocsi/Bloomberg/Getty ImagesIBM CEO Ginni Rometty in Germany in June.Krisztian Bocsi/Bloomberg/Getty ImagesIBM just spent $34 billion to buy a software company that gives away its primary product for free.IBM Sunday said it would acquire Red Hat, best known for its Red Hat Enterprise Linux operating system. Red Hat…

Hexbyte  Hacker News  Computers We Spent $3.3M Buying Out Investors: Why and How We Did It

Hexbyte Hacker News Computers We Spent $3.3M Buying Out Investors: Why and How We Did It

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Last month, Buffer spent $3.3 million – about half of all the cash we had in the bank – to buy out our main venture capital (VC) investors. Starting the conversations, negotiations, and process of this buy out was one of the most important decisions I’ve made in the Buffer journey so far, and it…

Hexbyte  Hacker News  Computers Facebook is buying UK’s Bloomsbury AI to ramp up natural language tech in London

Hexbyte Hacker News Computers Facebook is buying UK’s Bloomsbury AI to ramp up natural language tech in London

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Perhaps rightly, there has long been a perception that Google-owned Deepmind has been the most aggressive in hoovering up a lot of the U.K.’s best talent in artificial intelligence, but now Facebook appears to be turning its eye to the country. TechCrunch understands that the social network behemoth is acquiring London-based Bloomsbury AI, a startup…

Hexbyte  Tech News  Wired Why Ford Is Buying Detroit’s Derelict Central Depot

Hexbyte Tech News Wired Why Ford Is Buying Detroit’s Derelict Central Depot

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Newspapers and magazines do this thing that drives Detroiters crazy. Doesn’t matter the headline. Maybe Detroit is coming back, maybe crime is falling, maybe a few neighborhoods are seeing a resurgence, maybe it’s all a bit more complicated than a few statistics make it seem. But editors generally use a particular photo to symbolize the…