Enterprise

Microsoft is to acquire a 4% stake in the London Stock Exchange Group (LSEG), the company that owns the London Stock Exchange as well as a several other businesses, including financial market data company Refinitiv, which LSEG acquired from a Blackstone/Thomson Reuters consortium last year for $27

After years of outsourcing and offshoring manufacturing to countries with cheaper labor and bigger production ecosystems, the U.S. and Europe are on a mission to bring some of that industrial work back to its own shores. Today, a startup that believes it can help with that shift is announcing some

Kite, a startup developing an AI-powered coding assistant, abruptly shut down last month. Despite securing tens of millions of dollars in VC backing, Kite struggled to pay the bills, founder Adam Smith revealed in a postmortem blog post, running into engineering headwinds that made finding a produc

Microsoft today announced that it acquired Lumenisity, a U.K.-based startup developing “hollow core fiber (HCF)” technologies primarily for data centers and ISPs. Microsoft says that the purchase, the terms of which weren’t disclosed, will “expand [its] ability to further op

We've heard an awful lot over the past couple of weeks about the executives who are leaving Salesforce, but not a heck of a lot about the woman who is taking over for Stewart Butterfield as CEO at Slack when he takes off to spend some time gardening. It’s time we changed that. Her name is

GitHub Copilot, GitHub’s service that intelligently suggests lines of code, is now available in a plan for enterprises months after launching for individual users and educators. Called GitHub Copilot for Business, the new plan, which costs $19 per user per month, comes with all the features i

It seems that maybe Salesforce co-founder and CEO Marc Benioff was protesting a bit too much when he gave what seemed like a genuinely heartfelt goodbye to his protégé, Bret Taylor, last week, insisting to anyone who would listen that he was heartbroken to lose his friend and mentee. That might n

The IPO window is all but closed right now, but a few things appear still to be getting through the cracks and there are big sums attached to that. Today, Banzai — an engagement marketing startup that provides tools to source and connect with potential sales leads, and tools to build and run

It seems perhaps the rules of fairness your parents taught you as children also apply to large multibillion-dollar defense contracts. This week the DoD announced that it was awarding four big tech companies — Amazon, Microsoft, Google and Oracle — an equal opportunity to share in a $9 b

Salesforce has always fashioned itself as a socially responsible company, and that includes working on a Net Zero carbon emissions goal. In fact, it launched Sustainability Cloud (now called Net Zero Cloud) in 2019, a product for tracking customer Net Zero goals. This year, they are taking that ide

If you like trying software before you buy it, LeadrPro wants to connect you with software-as-a-service sellers that will even pay you to test it out. There are startups out there developing ways to create better product demonstrations, but Chris Sheng wants to help those companies then find people

Most M&A deals involve a lot of activity, from the buyer to the financiers to myriad interested parties. The typical way of describing this is to write dense text in a contract explaining the relationships, an approach that quickly becomes difficult to follow, even for the most experienced lega

It's been a pretty rough week for Salesforce co-founder and CEO Marc Benioff and the folks at his company: Three talented executives — co-CEO Bret Taylor, Tableau CEO Mark Nelson and Slack CEO and co-founder Stewart Butterfield — announced their resignations in quick succession. It's f

An old maxim among courtroom litigators states that you should only ask a question of a witness when you already know how they will answer. Otherwise, you might be in for an unpleasant surprise. For this reason, effective prosecutors and defense attorneys engage in various pre-trial activities, inc