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TECH

Elon Musk is selling $5B in debt for xAI at a double-digit interest rate, with demand already exceeding $3.5B (Bloomberg)

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TECH

Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024 (Bloomberg)

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TECH

Vista Equity Partners agrees to acquire ERP software provider Acumatica from PE firm EQT, sources say in a deal that values Acumatica at ~$2B including debt (Bloomberg)

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TECH

TSMC is evaluating building a “gigafab” in the UAE and has discussed the possibility with MGX and officials in the Trump administration (Bloomberg)

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TECH

A US judge vacates Avraham Eisenberg’s convictions for fraud and manipulation related to a $110M theft on Mango Markets in 2022 due to insufficient evidence (Bloomberg)

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TECH

Salesforce is in talks to acquire cloud data management company Informatica, reviving discussions that stalled in 2024; INFA closes up 17.45% (Bloomberg)

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TECH

CommScope is exploring a sale of its broadband connectivity and cable arm CCS for up to $10B, seeking to unload assets to repay debt (Bloomberg)

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TECH

Huawei launches its first laptops running on HarmonyOS, including the 18-inch foldable MateBook Fold, and is working to make the OS compatible with 2,000+ apps (Bloomberg)

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TECH

Salesforce says it is discounting Slack for US agencies, by as much as 90%, through November, following similar deals by Adobe and Google (Bloomberg)

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TECH

SoftBank and OpenAI’s $100B Stargate investment hits snags on tariff fears; talks with dozens of lenders started earlier in 2025 have yielded no deals (Bloomberg)

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