Pure Storage, a company known for replacing hard disk drives with expensive SSDs, has invested in Cerabyte, a startup aiming to replace tape storage with ceramic slabs. This strategic move reflects Pure Storage’s ambition to become the Nvidia of Enterprise Storage, highlighting their commitment to innovation in the industry. By backing Cerabyte, Pure Storage is positioning itself as a key player in the evolution of storage technology.
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Trump’s FTC will approve an ad merger — with a gift to Elon Musk’s X
The Republican-led Federal Trade Commission (FTC) is set to approve Omnicom's $13.5 billion merger with Interpublic Group, contingent upon a ban on steering ad spending based on political viewpoints. This unusual provision addresses concerns raised by Congress and Elon Musk regarding past advertiser boycotts against platforms like X, ensuring advertisers can still request avoidances without Omnicom enforcing political bias. Need More Context? 🔎
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