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...The database software company’s shares are down about 29 per cent since the day he announced his retirement. Slootman was not a founder of Snowflake but was brought in 2019 to take it public....
...In January, Bit Brother was pipped to the top of the volume leaderboard by Phunware — ticker symbol PHUN — a mobile software developer known for having worked on Donald Trump’s unsuccessful 2020 presidential...
...When customers using smartphones running Google’s Android software join an iMessage chat group all the messages change colour, indicating it has defaulted to standard SMS....
...Qualtrics invented specialised software analytics tools that help companies respond to their online customers....
...Fortnox’s unstoppable rise runs into short sellers Accounting software group Fortnox is the Swedish stock market sensation you have never heard of....
...In the US and China, billions of dollars more in investment, mostly in prediction algorithms and perception software, are needed before the industry can demonstrate the technology is safe....
...The commission said it was looking at whether Apple was meeting its obligations to allow users “to easily uninstall any software applications” on its iOS operating systems and change default settings, browsers...
...This happens because the software is designed to spot patterns and guess the best next option in a sequence....
...Other advances — notably in AI software, public blockchains, and multiomics — also could prove transformational for the economy, although macroeconomic statistics could fail to capture their impacts and...
...Ding Linwei, a 38-year-old Chinese national, was hired by Google in 2019 to work on the software used in its supercomputing data centres....
...One company, software maker Alight, is facing an activist campaign from Jana rival, Starboard Value. Cannae pays a 1.5 per cent annual management fee, roughly $40mn, to another Foley affiliate....
...Silver Lake itself made a similar investment in Germany’s Software AG, which it ended up acquiring. The attraction, from Viavi’s side, is clear....
...Advertising software group Klaviyo was the only large software listing on NYSE last year, as Nasdaq lured chip designer Arm and delivery group Instacart....
...As Google rolls out the first commercial version of its AI software, investors are watching for signs that the Californian company can narrow the gap with Microsoft to develop generative AI models that are...
...Vista used a similar manoeuvre in its $4.6bn sale of events planning software company Cvent to Blackstone in March....
...Audax typically takes over companies in sectors such as healthcare and software then buys smaller competitors in strategies known as “roll-ups”....
...Apple hails its store for making it easier and cheaper for developers to sell software and it has no limits on shelf space in the way supermarkets do....
...Today, for non-software deals, I would say the spread in the market is around 525-575bp or so. Easily 100bp of tightening. That’s a pretty big move....
...months ExxonMobil agreed to acquire shale group Pioneer Natural Resources for $60bn, Chevron reached a deal to buy Hess for $53bn and chip design toolmaker Synopsys announced the takeover of engineering software...
...The Hollywood actors and writers strikes last year were also about this race to the bottom, in which more and more creative, white-collar jobs will be done by software....
...Microsoft has embedded OpenAI’s technology into its own software services....
...While existing, widely used software looks for suspicious transactions, EY said its AI-assisted system was more sophisticated....
...companies’ expected capital expenditure this year, as they invest large sums to build new data centre architecture and improve their technical infrastructure to expand AI services, such as cloud computing software...
...“The problem for Cruise as a business is GM is dependent on it for all the software [revenue] targets the company has set,” said one....
...Software company Palantir has a “strategic commercial contract” with some of the companies it invests in....
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