Snowflake CEO Frank Slootman, far right, addresses the team at an all-hands meeting. Courtesy of Snowflake Snowflake, a developer of cloud-based technology for storing and analyzing data, is now worth $12.4 billion, making it one of the most valuable venture-backed companies in Silicon Valley. Salesforce’s corporate venture arm joined Dragoneer Investment Group in the $479 […]
Tag: Microsoft Corp
Epic, about 60 hospitals sign letter opposing HHS proposed data rules
Judith Faulkner, CEO of healthcare IT giant Epic Systems. Source: Epic Systems Epic Systems CEO Judy Faulkner recently urged some of the largest health systems in the country to sign a letter opposing proposed rules designed to make it easier for patients to obtain their medical information and share it with apps. About 60 of […]
Democrats say they won’t use the failed Iowa app in Nevada caucuses
Caucus participants arrive to register in Des Moines, Iowa, U.S. February 3, 2020. Brian Snyder | Reuters The chair of the Democratic National Committee said on Tuesday that Democrats will not use the app involved in the disastrous Iowa caucuses for the Nevada election contest scheduled for Feb. 22 after reports showed that the state party […]
Dow up big, Tesla tops $900 in parabolic move
Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on March 14, 2019. Frederic J. Brown | AFP | Getty Images This is a live blog. Check back for updates. 3:11 pm:Â Tesla soars 21% at session high Shares of Tesla surged 21% to its session high of […]
Google still isn’t telling us about YouTube and cloud profits
Google CEO Sundar Pichai speaks during signing ceremony committing Google to help expand information technology education at El Centro College in Dallas, Texas, October 3, 2019. Brandon Wade | Reuters Alphabet told investors half the story by disclosing YouTube and cloud revenue numbers for the first time. But what about the other half? After facing […]
Nintendo shares drop after third quarter earnings announcement
A figurine of the Nintendo Co. video-game series The Legend of Zelda character Link is displayed inside the Nintendo TOKYO store during a media tour in Tokyo, Japan, on Tuesday, Nov. 19, 2019. Kiyoshi Ota | Bloomberg via Getty Images Shares of Nintendo plummeted on Friday afternoon a day after the company reported operating profit […]
Dow positive, coronavirus ‘buy’ signal?, record copper losing streak
The Facebook logo is displayed during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images This is a live blog. Check back for updates. 3:05 pm: Dow turns positive as WHO calms coronavirus fears The Dow erased a 200-point drop and turned positive after the World Health […]
Apple, Microsoft joining meeting promoting patient access to data
Apple and Microsoft will every be sending a consultant to a gathering on Monday hosted by a gaggle that is supporting efforts by the Department of Health and Human Services to make it simpler for sufferers to entry and share their medical data. The nonpartisan Carin Alliance, which describes its focus as “advancing consumer-directed […]
Paycom Software joins S&P 500, replacing Centene
The addition comes two months after cloud vendor ServiceNow joined the index and is the newest signal of the elevated significance of subscription software program within the broader financial system. Prior to final 12 months, Salesforce was the one fashionable cloud firm within the S&P 500, alongside older names like Adobe and Autodesk, which […]
Stocks appear detached from reality, rallying in anticipation of two things that may not happen
The new year is not even three full weeks old, and already half a trillion dollars has been added to the S&P 500’s value. Some investors worry either the economy has to suddenly jolt into action or earnings have to surprisingly surge — two things unlikely to occur — in order to justify these […]
