Author: dumbcapital

Berkshire Hathaway reportedly agrees to buy stake in One97, owner of Paytm

Berkshire Hathaway reportedly agrees to buy stake in One97, owner of Paytm

Posted by | Aug 27, 2018 | , |

Berkshire Hathaway has reportedly agreed to buy a stake in One97, the owner of India’s largest digital payments service Paytm . This would mark the first time the investment firm has invested in an Indian startup. According to Indian financial news site Mint, which first broke the news, Berkshire Hathaway, the investment firm headed by…

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Judge rules against White House, blocks 3D gun plans

Judge rules against White House, blocks 3D gun plans

Posted by | Aug 27, 2018 | , |

By Patrick McGreevy | Los Angeles Times A federal judge on Monday issued a preliminary injunction continuing a prohibition on the Trump administration proposal to make available blueprints for so-called ghost guns, untraceable weapons that can be manufactured on a 3D printer, California Attorney General Xavier Becerra said. California was one of 20 states led…

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VMware acquires CloudHealth Technologies for multi-cloud management

VMware acquires CloudHealth Technologies for multi-cloud management

Posted by | Aug 27, 2018 | , |

VMware is hosting its VMworld customer conference in Las Vegas this week, and to get things going it announced that it’s acquiring Boston-based CloudHealth Technologies. They did not disclose the terms of the deal, but Reuters is reporting the price is $500 million. CloudHealth provides VMware with a crucial multi-cloud management platform that works across…

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