Startups try to hang onto talent

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Tech Across the Globe

Oracle security shakeup: The software company's longtime security chief, Mary Ann Davidson, one of the highest-ranking women executives in the cybersecurity industry, is leaving her job.

SoftBank buys Intel: Japan's big AI investor made a surprise addition to its portfolio with a $2 billion purchase of Intel stock. The storied US chipmaker is trying to claw its way back to relevance in the AI era.

Antitrust allegations: A US Justice Department official dismissed in July accused two of his former colleagues of "perverted justice" in a settlement of Hewlett Packard Enterprise's $13 billion takeover of Juniper Networks.

Revalued

Buyout firm Thoma Bravo is in talks to acquire Dayforce, a human resources software provider valued at more than $10 billion. The news spurred a 26% pop in Dayforce's stock, the best single-day jump since the company's first day on the public markets in April 2018.

Must Read

Big Tech companies are increasingly raiding startups, taking some of the top employees and even founders in deals referred to as acquihires. That recruiting war, combined with a smaller number of companies going public, is putting pressure on startups to find creative ways to keep their talent, Yazhou Sun writes in today's Tech In Depth.

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This Week in Power On

Apple's Vision Pro headset has been a disappointment, in large part because it's expensive and lacks compelling features, Mark Gurman reports in this week's Power On. A cheaper, lighter model is coming in 2027, he writes, but Apple risks even worse results for the device if it doesn't move more quickly to offer consumers something they can't resist.