May 23, 2022

☁️ Broadcom in Talks to Acquire Cloud Company VMware

Plus: Metaverse app BUD raises another $37M, The Era of Borderless Data Is Ending, and more…

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Jose Montes de Oca
Join the Newslit Team every weekday morning as they guide you through some of the most fascinating stories in tech and business to supercharge your mornings.
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Today’s pick

Broadcom in Talks to Acquire Cloud Company VMware. Broadcom Inc. is in talks to buy cloud-computing company VMware Inc., according to people familiar with the matter. Talks are ongoing and there is no guarantee they will lead to a deal, said the people, who asked not to be identified because the… (Liana Baker / Bloomberg)

Metaverse app BUD raises another $37M, plans to launch NFTs. BUD, a nascent app taking a shot at creating a metaverse for Gen Z to play and interact with each other, has raised another round of funding in three months. The Singapore-based startup told TechCrunch that it has closed $36.8 million in a Series B… (Rita Liao / TechCrunch)

The Era of Borderless Data Is Ending. Every time we send an email, tap an Instagram ad or swipe our credit cards, we create a piece of digital data. The information pings around the world at the speed of a click, becoming a kind of borderless currency that underpins the digital… (David McCabe / The New York Times)

SpaceX looks to raise $1.7 billion in new funding, boosting its valuation to $127 billion. SpaceX is raising a massive round of fresh funding, CNBC has learned, sending the private company's valuation to about $127 billion. The space venture is looking to bring in up to $1.725 billion in new capital, at a price of $70 per share… (Michael Sheetz / CNBC)

Small Businesses Lose Confidence in U.S. Economy. Small businesses are flashing warning signs on the U.S. economy as inflation, supply-chain snarls, a shortage of workers and rising interest rates darken the outlook for entrepreneurs. Fifty-seven percent of small-business owners expect economic… (Ruth Simon / Wall Street Journal)

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Jose Montes de Oca

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