Salesforce says it expects FY 2030 revenue of $60B+, vs. $58.37B est., excluding its $8B pending acquisition of data management company Informatica by Q1 2027
Jordan Novet / CNBC :
SentinelOne CEO Tomer Weingarten says the cybersecurity company is not for sale, following an August report claiming the company was looking to sell
Jordan Novet / CNBC :
Defense Department solicits bids from Amazon, Google, Microsoft, and Oracle for cloud contracts; DoD canceled its $10B JEDI contract in July
Jordan Novet / CNBC : Source: SAM.gov .
Oracle confirms it is part of a proposal submitted by ByteDance to the US Treasury to become TikTok's “trusted technology provider”
Jordan Novet / CNBC :
Filing: ahead of Snowflake's IPO, Salesforce and Berkshire Hathaway both commit to buy $250M worth of Snowflake stock; IPO range to value it at ~$21B-$23.7B
Appeal of the cloud data storage platform lies not only in its triple-digit sales growth Jessica Bursztynsky / CNBC : Snowflake IPO gets vote of confidence as Berkshire, Salesforce agree to buy shares...
Sources: Dell is examining spinning off its ~$50B stake in VMware as well as other options
Welcome to Protocol Cloud … Kyle Alspach / CRN : Dell Considering Sale Of VMware Stake: Report Joseph Woelfel / TheStreet : Coronavirus Spike, Dell, VMware, DraftKings - 5 Things You Must Know Wednesd...
Microsoft says it will acquire Metaswitch Networks, a provider of virtualized network software whose customers include telecom companies like BT and Sprint
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Salesforce acquires Vlocity, a provider of cloud and mobile software built atop Salesforce, for $1.33B, and beats with Q4 revenue of $4.85B, up 35% YoY
Jordan Novet / CNBC :
Cloudera names former Hortonworks CEO Rob Bearden as its new CEO; Cloudera's market cap is $3.4B, less than its $5.2B valuation when it merged with Hortonworks
Jordan Novet / CNBC :
Salesforce says it will use Microsoft's Azure for its Marketing Cloud service, signaling a thaw in a complicated relationship
Jordan Novet / CNBC :