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Bankrupt luxury retailer Saks plans to ditch its corporate jet

Bankrupt luxury retailer Saks Global is looking to shed a high-end executive perk — its sole corporate jet. Loading audio narration… In a recent court filing, Saks Global, the owner of department stores Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, detailed its plan to sell its 2003 Gulfstream G400…

Cybersecurity unicorn Torq is in talks to acquire this AI startup for  million

Cybersecurity unicorn Torq, which refers to itself as the “Cursor of security operations,” is in advanced talks to acquire Boston-based Jit, an automatic security assistant, for roughly $50 million, according to a person familiar with the matter. Loading audio narration… The deal would combine Torq’s massive security command center with Jit’s automated tools. By joining forces, the two companies hope to move toward “agentic security,” in which smart AI agents act like independent web-based security…

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Zillow says housing market accelerated in March despite rising rates

The U.S. housing market accelerated in March despite elevated mortgage rates reducing some of the affordability improvement the market had recently seen, according to a new report. Zillow released its market report for March which found that newly pending home listings increased 4.6% from a year ago in March.That increased…

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