HubSpot shares plunge 12% on report that Alphabet is shelving interest in acquiring software company
Alphabet has reportedly shelved its interest in acquiring HubSpot months after the companies were in talks. Source link
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Enterprise
UiPath to lay off 10% of workforce in companywide restructuring
Software developer UiPath will cut 10% of its workforce, or about 420 jobs, as part of a broader company restructuring.
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Microsoft’s Surface Pro is fine, but it isn’t the AI device to change personal computing
Microsoft's latest Surface Pro containing a Qualcomm chip delivers over eight hours of battery life, and it works with many
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Microsoft reaches settlement in California over claims it punished employees for taking protected time off
Microsoft has agreed to pay $14.4 million to settle claims that the company unfairly treated California employees who took protected
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Salesforce shareholders reject compensation plan for CEO Marc Benioff, other top execs
Shareholder advisory firms raised concerns about additional pay for CEO Marc Benioff in the form of equity grants. Source link
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Amazon is doubling value of credits for some startups to build on AWS as Microsoft cloud gains ground
With Microsoft's artificial intelligence technology drawing in more entrepreneurs to its cloud, Amazon wants to ensure that founders keep building
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Oracle warns that a TikTok ban would hurt business
Oracle provides cloud services to TikTok, and is warning investors that a ban of the app could hurt the company's
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OpenAI acquires database analytics firm Rockset
Rockset said it will power the retrieval infrastructure of the ChatGPT maker, likely improving the speed and accuracy of responses
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Activist Starboard sues Autodesk in bid to mount proxy fight
After disclosing a $500 million stake in Autodesk, Starboard is suing the software vendor to delay its annual shareholder meeting.
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