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SAP, and Oracle, and IBM, oh my! ‘Cloud and AI’ drive legacy software firms to record valuations
There’s something of a trend around legacy software firms and their soaring valuations: Companies founded in dinosaur times are on a tear, evidenced this week with SAP‘s shares topping $200 for the first time. Founded in 1972, SAP’s valuation currently sits at an all-time high of $234 billion. The Germany-based…
Why AWS, Google and Oracle are backing the Valkey Redis fork
AWS and Google Cloud rarely back an open source fork together.
AWS, Microsoft, Google and Oracle partner to make cloud spend more transparent
As enterprises move to the cloud, figuring out how and where they are spending their money has become increasingly difficult. The different SaaS provider and cloud platforms use their own…
It seems like everyone in the database business is thinking about how to capitalize on the growth of AI by adding support for vectors to their products. That, after all,…
Oracle brings its database infrastructure to Microsoft Azure
Days after Oracle missed Q1 2023 revenue expectations and gave a downbeat rest-of-year outlook, sending its share price to suffer the worst one-day performance in 21 years, the cloud provider…
Oracle is formally launching its EU Sovereign Cloud for customers in the European Union (EU) today, nearly a year after first revealing plans for the initiative. So-called digital sovereignty has emerged…
New Red Hat partnerships with SAP and Oracle could bode well for owner IBM
It’s been a good week for Red Hat, and by extension IBM, the company that owns it. That’s because Red Hat signed two partnership agreements this week, one with Oracle…
This time, the DoD gives four tech titans equal shot at piece of $9B cloud contract
It seems perhaps the rules of fairness your parents taught you as children also apply to large multibillion-dollar defense contracts. This week the DoD announced that it was awarding four…
Twitter. Whistle. Blown. (and other TC news)
This week on The TechCrunch Podcast we’re talking to Zack Whittaker about TechCrunch’s new spyware lookup tool and a whistleblower complaint against Twitter alleging massive…
Zilliz, the startup behind the Milvus open source vector database for AI apps, raises $60M, relocates to SF
In 2020, Chinese startup Zilliz — which builds cloud-native software to process data for AI applications and unstructured data analytics, and is the creator of Milvus, the popular open source…
Oracle’s ‘surveillance machine’ targeted in US privacy class action
Enterprise giant Oracle is facing a fresh privacy class action claim in the U.S. The suit, which was filed Friday as a 66-page complaint in the Northern District of California,…
TikTok launches an in-app US midterms Elections Center, shares plan to fight misinformation
TikTok announced its midterms Elections Center will go live in the app in the U.S. starting today, August 17, 2022, where it will be available to users in more than…
Oracle now monitoring TikTok’s algorithms and moderation system for manipulation by China’s government
Oracle has begun auditing TikTok’s algorithms and content moderation models, according to a new report from Axios out this morning. Those reviews began last week, and follow TikTok’s June announcement…
Bluechip, an African systems integrator with partners like Microsoft and Oracle, is expanding to Europe
It’s not often you hear about African tech companies expanding into Europe. Some examples include fintechs Lidya and Korapay in Eastern Europe and the U.K., respectively. In the latest development,…
It sounds like Elon Musk is still trying to get out of his own Twitter deal
According to a new report from The Washington Post that relies heavily on anonymous sources, the world’s richest man is still looking for a way out of a $44 billion…
This Week in Apps: Apple’s Sherlocks, Instagram’s ‘nudges’ and a TikTok-Oracle deal
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues…
TikTok moves all US traffic to Oracle servers, amid new claims user data was accessed from China
TikTok said on Friday it is moving U.S. users’ data to Oracle servers stored in the United States. Overshadowing its migration announcement was a damning report that followed, claiming that…
TestGorilla scores $70M for skills tests aiming to replace the recruitment resume dump
Sending in a resume is the main way a person hopes to get noticed for a job. But a startup out of Amsterdam called TestGorilla is today announcing $70 million…
Apple’s big week was not without its flaws
Hi, friends! Welcome back to Week In Review, the newsletter where we recap some of the top stories to cross TechCrunch dot com this week. The most read story this…
Daily Crunch: Oracle dives deeply into healthcare after closing $28B Cerner acquisition
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Oracle quietly closes $28B deal to buy electronic health records company Cerner
At the end of last year, just before Christmas, Oracle made a big move when it announced it was acquiring electronic health records company Cerner for $28 billion, thrusting it…
The enterprise wants to store everything they can in the hopes of being able to deliver improved customer experiences and new market capabilities.
The fact that we did not foresee Broadcom as a potential suitor underscores our view that we don’t fully grok if it’s the correct buyer for VMware.
Google Cloud launches AlloyDB, a new fully managed PostgreSQL database service
Google today announced the launch of AlloyDB, a new fully managed PostgreSQL-compatible database service that the company claims to be twice as fast for transactional workloads as AWS’s comparable Aurora…
All the tech that got our attention at F1 Miami Grand Prix
All eyes are on Miami this weekend as the international glitterati arrives for the city’s inaugural Formula One Grand Prix. The European racing event has attracted American fans in droves,…
Daily Crunch: Larry Ellison leads investor group chipping in $7.1B toward Musk’s Twitter buyout
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Google donates the Istio service mesh to the Cloud Native Computing Foundation
This has been a long time coming: Google today announced that it is submitting its Istio service mesh project for consideration as an incubating project within the Cloud Native Computing…
Egypt’s Pylon gets $19M to scale software for water and electricity distribution companies
Pylon, an Egyptian infrastructure management platform for water and electricity companies in emerging markets, has raised a $19 million seed round. The round, a combination of debt and equity, was…
If crypto companies are going to spend this much money, can we at least get an 11th F1 team?
It’s time for a bold blockchain company to succeed where so many others have failed: building a new F1 team. Admit it, it’s brilliant.
European cloud firms call for clearer ‘ex ante’ rules to end abusive software licensing
European cloud computing companies have raised the alarm over what they say is a “critical loophole” in the EU’s flagship plan to tackle anti-competitive behaviors by gatekeeping digital giants. In…
