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Co-working firm WeWork raises a staggering $4.4B from Softbank

By Duncan Riley Aug 24, 2017

Co-working space provider WeWork Inc. has raised a staggering $4.4 billion in a venture capital round raised from Japanese telco giant the SoftBank Group and its venture capital subsidiary, the SoftBank Vision Fund. The round is split a…

Report: HTC mulls ‘strategic options,’ including a full sale

By Mike Wheatley Aug 24, 2017

Taiwanese smartphone manufacturer HTC Corp. is working with an adviser as it looks at “strategic options” to revive its flagging business, according to one report. Those options include the company selling off its virtual…

Cloud

VMware reports solid earnings ahead of VMworld conference next week

By Mike Wheatley Aug 24, 2017

VMware Inc. made good on a promise made last week that it would deliver better-than-expected profits in its fiscal second-quarter earnings report. The virtualization software company on Thursday reported a profit of $344 million…

Emerging Tech

Quick start: On Monday, Amazon will slash prices and offer Prime discounts at Whole Foods

By Eric David Aug 24, 2017

Amazon.com Inc. single-handedly sent grocery company stocks tumbling in June when it made the surprise announcement that it would be acquiring Whole Foods Market Inc. for $13.7 billion. Now, after receiving approval from the Federal Trade…

Big Data

Splunk shares jump as it vaporizes forecasts with blowout earnings

By Paul Gillin Aug 24, 2017

Splunk Inc. blew past second-quarter revenue forecasts with a 32 percent jump in sales today, delighting investors who bid the operational intelligence company’s shares up 10 percent in immediate after-hours trading. Quarterly revenues of $280…

Infra

Pure Storage shares jump on strong earnings, but it replaces CEO with former Cisco exec Charles Giancarlo

By Robert Hof Aug 24, 2017

Storage technology startup Pure Storage Inc. today said it’s kicking Chief Executive Scott Dietzen upstairs to chairman and appointing veteran tech executive Charles Giancarlo its new CEO. The company, which makes large flash-memory storage systems,…

Emerging Tech

BLOCKv’s blockchain development platform aims to free digital goods from ‘walled gardens’

By Kyt Dotson Aug 24, 2017

Switzerland-based BLOCKv today announced the launch of its blockchain-based development platform designed to help create tradable virtual goods such as digital tickets, coupons and items in online games. Demand for virtual goods is rising rapidly, driven…

Cube Event Coverage

Information Age alters business leadership thinking, information curation

By Aaron Melgar Aug 24, 2017

The abundance of information available today is radically changing the way people make life decisions, from dating to career selection to technology solutions, according to “New York Times” bestselling author Daniel Pink (pictured). In his…

Cloud

Healthcare organizations consolidate, update tech for better business results

By Betsy Amy-Vogt Aug 24, 2017

The healthcare sector has a reputation for being behind in adopting new technology, but that’s going to change, according to advisory services firm KPMG LLP. The company is advocating that organizations move the ServiceNow…

Cloud

Google inks landmark cloud deal with marketing giant Marketo

By Maria Deutscher Aug 24, 2017

Within two years, Marketo Inc.’s popular line of marketing automation services will run entirely on Google Inc.’s cloud computing platform. That’s the objective of a deal announced today by the two companies. The collaboration is set…

all stories

Co-working firm WeWork raises a staggering $4.4B from Softbank

Report: HTC mulls ‘strategic options,’ including a full sale

VMware reports solid earnings ahead of VMworld conference next week

Quick start: On Monday, Amazon will slash prices and offer Prime discounts at Whole Foods

Splunk shares jump as it vaporizes forecasts with blowout earnings

Pure Storage shares jump on strong earnings, but it replaces CEO with former Cisco exec Charles Giancarlo

BLOCKv’s blockchain development platform aims to free digital goods from ‘walled gardens’

Information Age alters business leadership thinking, information curation

Healthcare organizations consolidate, update tech for better business results

Google inks landmark cloud deal with marketing giant Marketo

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