Salesforce Shares Surge as AI Demand Powers Q2 Earnings Beat 
Google Changes EU Spam Policy Amid Antitrust Scrutiny 
U.S. Disrupts China-Linked Hacking Campaign Targeting Government Agencies 
New Zealand Moves to Ban Social Media for Children Under 16 
OpenAI AI Agent Swarm Behind Hugging Face Hack 
SoftBank Eyes $20 Billion Bond Sale to Refinance OpenAI Loan 
SK Hynix Shares Fall as Workers Reject Wage Deal 
Nvidia Eyes Perplexity Investment at $30 Billion Valuation 
Nvidia Options Price in $280 Billion Earnings Swing 
Meta, U.S. States Discuss Settlement in Teen Addiction Trial 
Luxshare Shares Rise as First-Half Profit Jumps 18% 
U.S. Probes Apex Logistics Over Nvidia AI Chip Shipments to China 
Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns 
Xiaomi Unveils Xring O3 Chip for Flagship Foldable Phone 
Countries Tighten Social Media Bans for Children 
Add as a preferred source on Google
Following the significant acquisitions happening in the enterprise IT industry, another giant decides to spin off one of its units.
Hewlett Packard sold off its network security business TippingPoint to Trend Micro for a whopping USD300 million, TechCrunch reported. The tech site also quoted HP, who has expressed future plans to resell its network security services from partners, which includes Trend Micro rather than its own assets.
Trend Micro CEO Eva Chen said about the move, “As an ideal complement to our market-leading protection for data centers and endpoints1, this new next-generation network defense solution combines our best-in-class network breach detection system2with proven intrusion prevention and response capabilities from TippingPoint. Given our tenure with both HP and TippingPoint technology, we are excited about the agility of this acquisition and the value it will create for customers.”
Long before the acquisition, The Register said HP’s TippingPoint and Trend Micro had a strategic partner relationship. The relationship will reportedly continue once the acquisition has been completed.
