Tech

Cisco made $20 billion-plus takeover offer for Splunk

Cisco Systems Inc. has made a takeover offer worth more than $20 billion for software maker Splunk Inc., according to people familiar with the matter, in what would be the networking giant's biggest acquisition ever.

Commerce Department adds 33 Chinese companies to red flag list

The Biden administration is raising red flags about 33 Chinese companies whose legitimacy it cannot verify, imposing new restrictions on their ability to receive shipments from U.S. exporters and requiring extra diligence from American companies that want to do business with them.

Varney: Zuckerberg is running Facebook ‘into the ditch’

FOX Business' Stuart Varney, during his latest "My Take" on "Varney & Co." Friday, argued that Facebook CEO Mark Zuckerberg is running his company “into the ditch” after the value of his business dropped by $251 billion.