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Downdetector and Speedtest sold to Accenture for $1.2B

Downdetector and Speedtest — the free platforms that allow people on the web to quickly check internet speeds or see if an online platform may be down — will soon have a new owner. On Tuesday, the consulting and IT services provider Accenture announced that it has agreed to acquire the Ookla-owned platforms from Ziff Davis for $1.2 billion, as reported earlier by Reuters. Downdetector and Speedtest sold to Accenture for $1.2 billion Ziff Davis sold the two sites to the consulting and IT...

Hacker News 10d ago

Accenture CEO Julie Sweet on one of the most-important lessons her dad taught her

Accenture CEO Julie Sweet has credited a conversation with her father during her teenage years as one of the defining moments of her life and career. She shared how a lesson about merit, preparation, and self-belief shaped her outlook on success. Speaking during a recent one-on-one conversation with Pfizer CEO Albert Bourla on CNN, Sweet recalled losing a speech competition while trying to raise money for college.

Times of India 4d ago

Market research firm AlphaSense nearly doubles valuation to $7.5 billion in new funding round

Market research firm AlphaSense nearly doubles valuation to $7.5 billion in new funding round June 3 : Market intelligence platform AlphaSense said on Wednesday it has raised $350 million at a valuation of $7.5 billion, nearly double that of its previous funding round. The round was led by Vitruvian Partners, Accenture Ventures, and J.P. Morgan Asset Management, with new investors including D. E. Shaw Ventures and Pinegrove Opportunity Partners. Founded in 2011, AlphaSense is an AI-powered...

Channel News Asia 7d ago

AlphaSense nearly doubles valuation to $7.5 billion in new funding round

AlphaSense nearly doubles valuation to $7.5 billion in new funding round June 3 : Market intelligence platform AlphaSense said on Wednesday it has raised $350 million at a valuation of $7.5 billion, nearly double that of its funding round two years ago. The round was led by Vitruvian Partners, Accenture Ventures, and J.P. Morgan Asset Management, with new investors including D. E. Shaw Ventures and Pinegrove Opportunity Partners. The funding highlights strong investor demand for AI-related...

Channel News Asia 7d ago

'We can't ignore AI risk to entry level jobs as over one million young people unemployed or not in education'

'We can't ignore AI risk to entry level jobs as over one million young people unemployed or not in education' 'Too many young people are struggling to take that first step from education to work', Technology Secretary Liz Kendall and Work and Pensions Secretary Pat McFadden write Over one million young people are currently not in education, employment or training. That is not just a statistic, it’s a generational crisis. Behind every number is a young person ready to work, learn and build a...

Daily Mirror 3d ago

Palantir wins £9M contract to run UK firearms licensing: CIA-backed biz to hold gun, bomb, and poison records

Palantir has secured a £9 million ($12 million) government contract to provide software for managing firearms licensing across the UK. The US spy-tech biz will also handle Home Office licensing for explosives, explosive precursors, and poisons. The contract covers a replacement for the National Firearms Licensing Management System (NFLMS), which has been in use since the mid-2000s.

The Register 6d ago