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Salesforce-Informatica acquisition talks falls through: Report

CIO

Salesforce’s negotiations to acquire enterprise data management software provider Informatica have fallen through as both couldn’t agree on the terms of the deal. billion, offers the Anypoint Platform — an iPaaS service — that offers integration, automation, and API management capabilities. billion with the inclusion of debt.

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Microsoft can’t keep up with demand for AI in the cloud — for now

CIO

Near-term AI demand is a bit higher than our available capacity,” Hood said Thursday, during a conference call to discuss the company’s quarterly results for the quarter ended March 31. billion (up 21%) came from its Intelligent Cloud segment, consisting of Azure and other public, private, and hybrid server products and cloud services.

Gaming 625
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6 best practices for better vendor management

CIO

The successful long-term relationships we have observed were built on mutual trust and the vendors’ clear understanding of the client’s priorities.” It is also important to involve your key vendors in strategy and planning sessions related to their services or products,” Gilgour says.

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Atos staves off bankruptcy, casts wider net for refinancing

CIO

Atos may have won a few extra months to find a long-term solution to its financial problems after reaching interim agreements with banks, bondholders, and the French government to provide €450 million (US$490 million) in additional liquidity. That, Atos said, should be enough to keep it afloat until it has a longer-term plan in place.

Loss 627
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AI poised to replace entry-level positions at large financial institutions

CIO

Indeed, Goldman Sachs has estimated that around 300 million workers could be significantly impacted by AI , and financial services companies appear to be moving in the direction to make this prediction a reality.

Banking 893
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Oracle makes its pitch for the enterprise cloud. Should CIOs listen?

CIO

But with Amazon Web Services (31%), Microsoft Azure (24%), and Google Cloud Platform (11%) accounting for two thirds of the worldwide market, according to Synergy Research Group, Oracle Cloud Infrastructure (OCI) remains distantly behind the behemoths, leaving many to question whether Oracle’s cloud gains are enough to make it a contender.

IT 777
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VMware customers take wait-and-see approach amid Broadcom changes

CIO

When tech giant Broadcom acquired virtualization market leader VMware last October, it restructured licensing terms, laid off thousands of employees, and terminated partner agreements with resellers and service providers. VMware customers were understandably concerned. The VMware acquisition has been no different.

Capital 709