Okta, whose cloud software allows office workers to access all of their apps through a secure online service, said on Wednesday that it’s spending $6.5 billion to acquire rival Auth0. CNBC reports: Okta’s shares plunged about 13% in extended trading after the announcement. The all-stock deal equals about 21% of Okta’s market cap as of Wednesday’s close. Okta said it expects…
Tag: devoted
Spacewalkers Complete Battery Replacement Work, Install New Cameras on Space Station
Astronauts Mike Hopkins and Victor Glover floated back outside the International Space Station Monday and completed solar array battery replacement work that began four years ago. They also installed three new video cameras and made preparations for upcoming work to install new roll-out solar blankets to upgrade the lab’s power system. From a report: The work took less time than expected…
The Ethical Source Movement Launches a New Kind of Open-Source Organization
ZDNet takes a look at a new nonprofit group called the Organization for Ethical Source (OES): The OES is devoted to the idea that the free software and open-source concept of “Freedom Zero” are outdated. Freedom Zero is “the freedom to run the program as you wish, for any purpose.” It’s fundamental to how open-source software is made and used… They…
Uber in Talks To Sell Air Taxi Business To Joby
Uber is in advanced talks to sell its Uber Elevate unit to Joby Aviation, Axios reported Wednesday, citing multiple sources. A deal could be announced later this month. From the report: Uber Elevate was formed to develop a network of self-driving air taxis, but to date has been most notable for its annual conference devoted to the nascent industry. The sale…
Laser Fusion Reactor Approaches ‘Burning Plasma’ Milestone
Iwastheone shares a report from Science Magazine: In October 2010, in a building the size of three U.S. football fields, researchers at the Lawrence Livermore National Laboratory powered up 192 laser beams, focused their energy into a pulse with the punch of a speeding truck, and fired it at a pellet of nuclear fuel the size of a peppercorn. So began…