Syntellis, an enterprise performance management provider, sells for $1.25B

[ad_1] Roper Technologies, a lesser-known company that creates engineering products for niche markets, this morning announced that it acquired Syntellis Performance Solutions, a provider of enterprise performance management software, for $1.25 billion. The transaction includes a $135 million tax benefit, and will result in Syntellis’ performance management and data solutions being combined with Roper’s healthcare … Read more

WhatsApp introduces screen-sharing during video calls

[ad_1] WhatsApp today introduced screen sharing as its latest feature to enhance the video calling experience on its platform — taking on traditional video conferencing apps including Microsoft Meet, Google Meet, and Zoom as well as Apple’s FaceTime. The new feature, announced this morning by Meta CEO Mark Zuckerberg through a Facebook post and on … Read more

Peak XV-backed gaming startup MPL cuts workforce by 50% amid taxation changes

[ad_1] India’s popular online gaming and fantasy sports startup Mobile Premier League is reducing its staff by approximately 50%, two people familiar with the matter said, weeks after New Delhi implemented a 28% tax on online real-money games. The Bengaluru-based startup initially announced its plans to cut jobs to employees last week and sent a … Read more

Sachin Bansal sells Navi’s microfinancing unit for $178.5 million

[ad_1] Svatantra Microfin has reached an agreement to acquire Navi Group’s microfinancing unit Chaitanya India for about $178.5 million, the two firms said Tuesday, latest in a series of events at entrepreneur Sachin Bansal’s firm that has struggled to secure a banking license. Svatantra said it will become the second largest microfinancing firm in India … Read more

Horizon3 secures $40M to expand its pen testing platform

[ad_1] Cybersecurity funding is falling after enjoying impressive heights in the last few years. According to Crunchbase, VC financing for security declined to just over $1.6 billion in Q2 2023, marking a 63% drop compared to the same quarter last year — when startups landed nearly $4.3 billion. But that’s not to suggest deals have … Read more

Spotify expands its AI-powered DJ feature globally

[ad_1] Spotify is expanding its AI-powered “DJ” to dozens of markets globally, six months after debuting the feature in North America. Available through the “music” feed section in the Spotify mobile app, DJ personalizes users’ listening through a curated music selection that includes spoken-word commentary powered by a synthetic voice. The commentary includes light-hearted banter … Read more