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BlackRock has cut its valuation of Automattic by 10%, now pegging shares at $37.5, down from $41.7 earlier this year. The move follows Automattic’s ongoing legal clash with WP Engine over WordPress.org access. CEO Matt Mullenweg noted BlackRock holds only a 0.6% non-voting stake. As tensions escalate, the valuation shift reflects broader industry challenges and scrutiny in the hosting sector.
HostPapa unveils Digital Concierge, an AI-driven tool exclusive to LogoMaker Premium customers, offering personalized insights for business growth. The app analyzes competition, refines value propositions, and connects users to local resources, all while adapting to their needs. CEO Jamie Opalchuk calls it a leap in innovation, with plans to integrate it across HostPapa’s products for a seamless user experience.
NTT DATA has announced its acquisition of Niveus Solutions, adding 1,000 Google Cloud experts to its team. This move solidifies NTT DATA as a leading GCP integrator, enhancing its ability to deliver AI-driven, industry-specific cloud solutions. With global cloud spending projected to exceed $1 trillion by 2027, this acquisition positions NTT DATA to redefine digital transformation across key sectors. Transaction closure is expected within 60 days.
The FTC has launched an antitrust probe into Microsoft, focusing on its bundling of cloud, AI, and cybersecurity products with Office tools. The investigation, following similar actions against Amazon and Meta, questions Microsoft’s market dominance tactics. With FTC Chair Lina Khan likely exiting under a Trump administration, the future of Big Tech scrutiny hangs in the balance. The case could reshape industry competition strategies.
Verisign extends its .com domain contract with ICANN for six years, maintaining 2025-2026 prices at $10.26 annually but allowing up to 7% price hikes from 2027 onward. This could raise wholesale costs to $13.42 by 2030, impacting domain owners managing multiple sites. Businesses can lock in current rates through early renewals or explore alternative domains to navigate the rising costs effectively.
