Snowflake’s IPO is a bet on companies using AI for everything

Snowflake, the buzzy cloud computing company, just delivered the biggest software IPO ever by betting on a future in which all businesses increasingly rely on big data and AI to make decisions. Its stock began trading on Sept. 16 at $245 per share—more than double the $120 price Snowflake set the day earlier—giving it an […]

Five critical questions about the TikTok-Oracle deal

Oracle has reportedly beaten Microsoft in the race to buy TikTok’s US operations before the Trump administration makes good on its threat to ban the ultra-popular video sharing app. On Sept. 13, the Wall Street Journal reported that the corporate software behemoth had reached a deal with the app’s parent company, ByteDance. But the dust […]