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Permira, Warburg near $8.2 billion deal for Clearwater Analytics, sources sayPermira and Warburg Pincus have agreed to take Clearwater private for $24.55 a share, reclaiming ownership of the asset they used to jointl...
Apple suppliers Qorvo and Skyworks will merge to create a chipmaker worth $22 billionQorvo shareholders will receive $32.50 in cash and 0.96 of a Skyworks common share for each Qorvo share held at the close of the transactio...
Apple supplier Skyworks held talks to buy $8 billion rival Qorvo: The InformationSkyworks Solutions, a key supplier of radio frequency chips for Apple and other smartphone brands, has reportedly been in discussions to ac...
Tinder-parent Match names insider Steven Bailey as new CFOSteven Bailey will replace incumbent Gary Swidler, who has been in the role for nearly a decade, on March 31. Swidler would, however, conti...
US stocks open lower as changing rate expectations boost yieldsWall Street's main indexes fell at the open on Monday, pressured by a rally in Treasury yields as investors dialed back bets on the scope o...
Wall Street mixed ahead of economic data; CPI in focusWall Street ended with mixed results as investors awaited key U.S. economic data and retailer earnings. The Dow Jones fell, while the S&P 5...
US stocks edge lower in lead up to data delugeWall Street opened higher on Monday as indexes add to their recovery from a hammering early last week, with investors gearing up for a delu...
Tinder parent Match to cut 6% jobs as activist investors seek changesMatch Group is set to reduce its workforce by around 6% and halt live-streaming on its dating apps. The changes follow pressure from activi...
Salesforce's strong stock price wooed some investors during third quarterSachem Head Capital Management increased its stake in Salesforce by 33% during the third quarter while Farallon Capital Management upped it...
Starboard urges 'undervalued' GoDaddy to explore options including saleThe investment firm took a stake in the company in 2021 and is its third-largest shareholder, with an interest of 7.8%.
Salesforce CEO Marc Benioff shakes up top ranks: reportMiguel Milano has been appointed as the chief revenue officer, the source said, adding that Ariel Kelman will take over as Salesforce's chi...
Salesforce posts slowest quarterly revenue growth since 2010Shares of the San Francisco, California-based company fell nearly 5% in trading after the bell. They have surged by more than two-thirds so...
Salesforce signals strong position with buyback plan boost, upbeat forecastSalesforce Inc on Wednesday forecast first-quarter revenue above analysts' estimates and doubled its share repurchase to $20 billion, indic...
Salesforce appoints new board directors amid activist investor pressureThe company appointed chief executive of hedge fund ValueAct Capital Mason Morfit, Mastercard finance chief Sachin Mehra and former chief e...
Activist Elliott Management Corp to nominate directors at Salesforce: sourcesElliott, which invests more than $55 billion, is currently interviewing a number of people including technology industry executives and exe...
Activist investor Elliott Management takes stake in Salesforce: reportElliott has made many technology focused investments. It recently won a board seat at Pinterest Inc when the company added Elliott portfoli...
Salesforce to layoff 10% of employees, close some of its officesSalesforce Inc has announced that it would lay off about 10% of its employees and close some offices as a part of its restructuring plan, r...
Yahoo CEO Mayer downplayed the biggest threat company is facingYahoo CEO Marissa Mayer downplayed the threat posed by activist investors for more than a year, dismissing the danger as a noisy distraction
Yahoo CEO Marissa Mayer defends strategy in face of criticism"This team has now been in place for two years and we've achieved much more than many people realize," Mayer said.
Yahoo investors could reap $11 billion in breakupYahoo, now worth less than those Asian stakes, has put $1.3 billion toward takeovers since 2012, around the same time Mayer took the helm.