News

Thomson Reuters Acquires Casetext - The global content and tech company announced it has acquired Casetext, the California-based legal tech provider for $650M. TR is hoping to build on its recent AI initiatives across its product suite. 

Databricks Acquires MosaicML in $1.3B Deal - Databricks announced it will acquire the open source startup to train large language models and deploy generative AI tools.

SCOTUS Strikes Down Affirmative Action - In one of the many end of term decisions, the high court has declared race cannot be a factor in the admissions process, forcing educational institutions to find other ways to achieve diverse student bodies.

Tech Layoffs - Tech layoffs continue into Q2 of this year; Robinhood announced that roughly 150 full-time employees will be laid off, and Silicon Valley household names such as Google and Stripe further reduced headcount.

IBM Acquires Apptio for $4.6B - IBM will acquire the technology spend-management platform from Vista Equity Partners to bolster its capabilities in cloud and automation. 

Legal.io in the news - LegalDive interviews Legal.io VP, Community Tom Stephenson on his career journey and the growth of the Legal.io community. Tom's post here.

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