May 28th, 2025
Create an account or log in to unlock unlimited access!
Salesforce is buying Informatica, a company that helps manage data online using AI. The deal is worth about $8 billion. Informatica's owners will get $25 for each share, which is about 11% more than the price last Friday. This purchase will make Salesforce much better at managing data. Informatica was a private company in 2015, but it became public again in 2021. Both companies want to help businesses use data better with AI. Salesforce wants to use Informatica's skills, especially in areas like government, health, and money services. Both companies' leaders have said yes to the deal, and it should be finished early in Salesforce's financial year 2027. After the news, Salesforce's shares went up a little, and Informatica's shares went up by 5.7%.
May 28th, 2025
US Confidence Rises Again After Concerns About Prices
US Confidence Rises Again After Concerns About Prices
US and Europe: Big Fight About Trade. What Does the US Want? What Can Europe Do?
US and Europe: Big Fight About Trade. What Does the US Want? What Can Europe Do?
Companies in Europe Reduce Spending and Investment in China
Companies in Europe Reduce Spending and Investment in China
Walmart: Prices Go Up Because of New Taxes
Walmart: Prices Go Up Because of New Taxes
Starbucks Workers Strike Over New Rules for Clothes
Starbucks Workers Strike Over New Rules for Clothes
Japan's Economy Gets Smaller: Trade Problems Hurt Sales and Worry People
Japan's Economy Gets Smaller: Trade Problems Hurt Sales and Worry People
Asian shares mixed as good news about China-US trade stops
Asian shares mixed as good news about China-US trade stops
Wall Street Up and Down After Fed Warns of Risks
Wall Street Up and Down After Fed Warns of Risks
Trump, Trade Deals, and Confusing Tariffs
Trump, Trade Deals, and Confusing Tariffs
Create an account or log in to continue reading and join the Lingo Times community!