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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Around the turn of the century, Autonomy Corporation was one of the darlings of the UK technology industry, specializing in knowledge management and enterprise search. November 2005: Autonomy agrees to buy search technology developer Verity for $500 milllion, its third acquisition of the year after NCorp (in February) and etalk (in June).

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CodeSignal secures $50M for its tech hiring platform

TechCrunch

In less than a year after raising $25 million in Series B funding , technical assessment company CodeSignal announced a $50 million in Series C funding to offer new features for its platform that helps companies make data-driven hiring decisions to find and test engineering talent.

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Battery Ventures Sees AI’s Massive Impact On Tech, And It’s Here Already

Crunchbase News

Battery has made investments in Arize , Weaviate and Galileo in technologies that assist companies with model management and performance. Thakker joined Battery in 2015 to build out its infrastructure, data and cloud practice. And so, we’re seeing this innovation fully impact productivity in the tech sector.”

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Top 10 cities to hire developers

Hacker Earth Developers Blog

According to StackOverflow , the demand for software developers still outpaces the supply. Research reveals that in the US alone, tech talent shortage is predicted to cost the country USD 435.7 Hence, several firms across the globe have started to look beyond their local talent pool and hire software developers online or offshore.

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‘Knowledge-as-a-service’ platform Lynk announces collaboration with UBS

TechCrunch

Founded in 2015, Lynk has raised a total of $30 million in funding, including a $24 million round announced in January that was led by Brewer Lane Ventures and MassMutual Ventures, with participation from the Alibaba Entrepreneurs Fund. Lynk’s technology uses machine learning algorithms to match clients with experts in its database.

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Surging homegrown talent and VC spark Italy’s tech renaissance

TechCrunch

As Italy reinstates many COVID-19 restrictions, the country’s tech ecosystem is watching and waiting to see what the wider effects of the emergency will be. Italy’s ecosystem for tech venture capital and startups has been in development for years and has made decent strides in the last decade.

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Fed Tech News Roundup 8 July 2015

CTOvision

Pentagon's Silicon Valley unit gets $1.75M for fiscal 2015 - FCW.com FCW (Today) - FCW.comPentagon's Silicon Valley unit gets $1.75M for fiscal 2015FCW.comThe Defense Department's first fulltime outreach office in Silicon Valley is up and running thanks to a July 2 memo from Deputy. Some are already. Marine Corps, Interior Dept.