Why ServiceNow Is Buying Cyber Startup Armis for $7.75 Billion

ServiceNow Inc. Chief Executive Officer Bill McDermott has extended his contract to remain with the software provider through at least the end of 2030. This decision reflects McDermott's ongoing commitment to leading the company in the competitive technology sector.

Nvidia's largest buyer in Southeast Asia, Megaspeed, is currently under investigation for potential chip smuggling, as authorities scrutinize the importation of significantly more chips than Nvidia's records indicate. This probe raises concerns about the legality of Megaspeed's operations and its impact on Nvidia's reputation.

2025 was anticipated to be a pivotal year for the cryptocurrency sector, driven by a supportive administration and increased adoption by financial institutions. However, the reality has been mixed, with significant challenges for many investors. Alyse Killeen, Managing Partner at Stillmark, discussed these developments and the industry's outlook for 2026 during her appearance on Bloomberg Tech with Caroline Hyde.

Jason Oxman, president and CEO of the Information Technology Industry Association, outlined the tech industry's roadmap for 2026 during an interview on Bloomberg Tech, addressing key issues such as data center expansion, AI regulation, and tech export restrictions.

ServiceNow has announced its agreement to acquire cybersecurity startup Armis for approximately $7.75 billion in cash, a strategic move aimed at enhancing its cybersecurity capabilities amid increasing demand for AI security solutions. This acquisition marks ServiceNow's largest purchase to date.

ServiceNow Inc. has finalized a deal to acquire the cybersecurity startup Armis for $7.75 billion, marking its largest acquisition to date. This strategic move is aimed at bolstering ServiceNow's cybersecurity capabilities and expanding its service offerings in an increasingly digital landscape.

The memory chip industry is experiencing a transformation as manufacturers indicate that artificial intelligence (AI) is reshaping the traditional boom-and-bust cycle. This shift is highlighted by Ian King's report, which discusses how AI's influence is altering market dynamics and production strategies in the sector.