Microsoft held talks in the past few weeks to acquire software developer platform GitHub, Business Insider reports. One person familiar with the discussions between the companies told CNBC that they had been considering a joint marketing partnership valued around $35 million, and that those discussions had progressed to a possible investment or outright acquisition. It […]
Read moreZuora shares surged more than 20 percent on Friday after the cloud software company reported better-than-expected results in its first earnings report since going public. The stock jumped $4.69 to $26.87 as of mid-day, giving the company a market capitalization of $2.8 billion. The shares have almost doubled in value since Zuora’s IPO in April. […]
Read moreApple is reportedly looking at cashing in on mobile advertising, The Wall Street Journal reported on Friday, a move that would mark a departure from recent statements by CEO Tim Cook. The Journal, citing anonymous sources, reported that Apple has met with ad-based companies like Pinterest and Snap. The report said a proposed “Apple network” […]
Read moreSpotify is abandoning its controversial policy to remove artists from playlists based on questionable conduct, the music streaming service announced Friday. “We don’t aim to play judge and jury,” the company said in a blog post. “We aim to connect artists and fans – and Spotify playlists are a big part of how we do […]
Read moreDomo, a company that helps business owners access real-time data from their smartphones, filed for a public offering on Friday. Here are some details from the prospectus: Net loss of $176.6 million for the year ending in January, narrower than $183.1 million loss the year prior. Revenue of $108.5 million for the year ending in […]
Read moreAMD’s new enterprise chips will gain big share this year, according to one Wall Street firm. Stifel raised its price target for AMD’s stock to $17 from $14, representing 24 percent upside to Thursday’s close. The firm predicted the company will hit management’s forecast of mid-single digit server chip market share by year-end versus its […]
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Fires like these are not common in auto manufacturing. It is especially uncommon for a plant to have multiple fires in a paint shop. According to the most recent available data from the National Fire Protection Association, local fire departments respond to 190 fires per year on average in maintenance or paint shop areas of […]
Read moreDespite an established relationship with Amazon Web Services, VMware plans to expand its cloud relationships with Microsoft Azure and Google Cloud, CEO Patrick Gelsinger said on Friday. “We have interest from our customers to expand our relationships with Google, Microsoft and others,” Gelsinger said on CNBC’s “Squawk Alley.” “We have announced some incremental expansions of […]
Read moreSpaceX billionaire Elon Musk clapped back to Boeing CEO Dennis Muilenburg‘s claim that Boeing will be the first space company to get to Mars. “Do it,” Musk tweeted Thursday in response to a story about the assertion. Do it Muilenburg was asked by The Street, “Who arrives to Mars first, SpaceX or Boeing?” “Boeing,” Muilenburg […]
Read moreVerily, Alphabet’s life sciences arm, has beefed up its advisory board and leadership team as it looks to move beyond research and development and into hospitals and clinics. The company recently hired Ashraf Hanna, the former CEO of Oric Pharmaceuticals, as its chief operating officer, and brought on Vivian Lee, a radiologist and the former […]
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