The EU fines X €120M for breaching online content rules, the first fine under the DSA, citing issues like its deceptive blue checkmarks, after a two-year probe
‘Impose Sanctions...’ The Verge : EU fines X $140 million over ‘deceptive’ blue checkmarks Inc : Why Elon Musk's X Was Slapped With a $140 Million Fine Eva Terry / Deseret News : European Union fines ...
SAP reports Q2 cloud revenue up 25% YoY to €4.15B, revenue up 10% YoY to €8.29B, a €918M net profit, and says a “restructuring” will affect ~10,000 jobs
In the second quarter, SAP's strong cloud momentum continued. Lindsay Clark / The Register : Now as many as 10,000 SAP jobs to be hit by restructure Sonja Wind / Bloomberg : SAP Shares Jump After AI D...
Filing: CRM software maker Freshworks acquires Connecticut-based Device42, which helps companies manage their IT infrastructure and had raised $38.5M, for $230M
Item 1.01 Entry into a Material Definitive Agreement. Dom Nicastro / CMSWire.com : Major Shift at Freshworks: New CEO and $230M Tech Acquisition The Hindu BusinessLine : Freshworks acquires Device42 f...
Salesforce unveils Genie, a real-time data integration model for the entire Salesforce platform that the company claims will lead to better customer experiences
Good morning! We sent Workplace reporter Lizzy Lawrence … Salesforce News : Salesforce Announces Genie - a New Data Platform Powering the World's First Real-Time CRM Joel Khalili / TechRadar : Salesf...
Meta's Reality Labs division posts a $2.96B loss in Q1 2022, up from a $1.8B loss in Q4 2021, on revenue of $695M, and says Reality Labs has ~17,000 employees
in the 2030s David Heaney / UploadVR : Zuckerberg Sees Project Cambria ‘Eventually Replacing Your Laptop’ Kali Hays / Insider : Mark Zuckerberg tries to reassure investors that Facebook's metaverse is...