Would the math work if Databricks were valued at $38B?

Databricks, the open-source data lake and data management powerhouse has been on quite a financial run lately. Today Bloomberg reported the company could be raising a new round worth at least $1.5 billion at an otherworldly $38 billion valuation. That price tag is up $10 billion from its last fundraise in February when it snagged […] Continue reading Would the math work if Databricks were valued at $38B?

Box shares rise on report company is exploring sale

Shares of Box, a well-known content-and-collaboration company that went public in 2015, rose today after Reuters reported that the company is exploring a sale. TechCrunch previously discussed rising investor pressure for Box to ignite its share price after years in the public-market wilderness. At the close today Box’s equity was worth $23.65 per share, up […] Continue reading Box shares rise on report company is exploring sale

WhatsApp Launches a Tip Line for Misinformation in India Ahead of Elections

WhatsApp has been struggling to address misinformation and rumors on its app without compromising security. “Checkpoint Tipline” gives users in India an opt-in option to submit rumors for fact-checking. Continue reading WhatsApp Launches a Tip Line for Misinformation in India Ahead of Elections

Why rumors that Adobe could be in talks to buy Marketo make sense

Adobe could be shopping for another piece of the digital marketing puzzle, as reports surfaced today that the company might be in talks with Vista Equity Partners to buy Marketo, a company the private equity firm purchased in May 2016 for $1.8 billion in cash. Reuters was first to report the rumor. While the report […] Continue reading Why rumors that Adobe could be in talks to buy Marketo make sense

Why Salesforce might be interested in Twitter

A person is seen using the Twitter app on a tablet. Rumors were flying all day yesterday that Twitter is up for sale, and Salesforce.com could be a chief suitor. At this point, with so many possible bidders being reported, it’s hard to know what’s going to happen (if anything). But the big question for many is why Salesforce would even be interested in the consumer-facing social network. While nobody could say with certainty that… Read More Continue reading Why Salesforce might be interested in Twitter