The Cloud

The Cloud

Snowflake Prices IPO Above Indicated Range to Raise $3.4B

The cloud data warehousing company raised the largest IPO ever for a U.S. software company.

Source: Benzinga
September 16, 2020
The Cloud

Snowflake Sets Terms for $2.7B Public Offering

Investments by Salesforce and Berkshire Hathaway could provide the data warehouse startup with more than $800 million in additional capital.
The Cloud

Zoom Revenue Soars on Remote Work Boom

“Organizations are shifting ... to supporting a future of working anywhere, learning anywhere, and connecting anywhere on Zoom's video-first platform."
The Cloud

Zoom Outage Disrupts Monday Morning Meetings and Classes

Videoconferencing system's widespread outage demonstrates the fragility of the remote work and learn models.
Technology

3 Things To Look For In Amazon’s Earnings Report

How have its fulfillment centers handled the surge in online shopping during the pandemic?
The Cloud

French Company to Buy Fintech YayPay

Accounts receivable SaaS provider sells to Quadient for about $20 million in cash.
The Cloud

HPE Buys Silver Peak in SD-WAN Push

The $925 million deal reflects the growth potential of software-defined wide-area networking as businesses employ more remote workers.
The Cloud

Rackspace Falls 20% After IPO

The company similarly flopped in its initial debut 12 years ago.
The Cloud

DocuSign Buys Liveoak for $38M

The deal comes as the e-signature company looks to offer online notarization.
The Cloud

Microsoft Pauses Advertisements on Facebook, Instagram Globally

The company is concerned over the content that runs next to its ads.
The Cloud

Three Ways COVID-19 is Accelerating Digital Transformation in Professional Services

The pace of digital transformation has been dramatically accelerated — it’s not a conversation starter now, it’s a basic business requirement.
The Cloud

Microsoft to Buy Startup CyberX

In a blog post, the tech giant said the deal was part of a wider initiative to accelerate and secure deployments of the internet of things (IoT).
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