Salesforce has acquired cloud data management firm Informatica in an $8 billion equity deal, marking a major move in its push to strengthen its AI and data infrastructure capabilities. The announcement, made Tuesday, comes about a year after early rumors of the acquisition sent both companies’ stock prices sliding.
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Yesterday
Trump’s DOE proposes cutting billions in grants for GM, Ford, and lots of startups
Trump's Department of Energy wants to cancel billions more in awards that were granted by the Biden administration, and startups are in the crosshairs. Learn more about your ad choices. Visit podcastchoices.com/adchoices
5m 1s
Sep 2024
Salesforce acquires data management firm Own for $1.9B in cash
Salesforce has acquired Own Company, a provider of data management and protection solutions, for $1.9 billion in cash. In a press release, Salesforce GM Steve Fisher said in a statement that Own “underscores [Salesforce’s] commitment to providing secure, end-to-end solutions that ... Show More
4m 32s
Sep 12
Weekly Roundup: Oracle Gains, Klarna Kicks Off IPO Week, Synopsys Declines
On this episode of Stock Movers: - Oracle (ORCL) shares gained the most since 1992 after the company gave an aggressive outlook for its cloud business, cementing the software maker’s place in the race to support demand for artificial intelligence computing. - Klarna (KLAR) and so ... Show More
6m 7s
Dec 2024
Scaling Smart: AI, Data, and Building Future-Ready Enterprises with Josh Miramant (Ep. 276)
In this episode, we dive into the transformative world of AI, data analytics, and cloud infrastructure with Josh Miramant, CEO of Blue Orange Digital. As a seasoned entrepreneur with over $25 million raised across ventures and two successful exits, Josh shares invaluable insights ... Show More
48m 55s
Feb 2025
Instant Reaction: Alphabet Slides After Cloud Sales Fall Short
Google parent Alphabet posted fourth-quarter revenue that missed analysts’ expectations as growth in its cloud business slowed. The shares fell more than 8%. Sales, excluding partner payouts, were $81.6 billion, Alphabet said Tuesday in a statement. Analysts had projected $82.8 b ... Show More
18m 5s