Anthropic files for IPO with $16.3B half-year revenue, $80.7B net loss
Most of Anthropic's loss is a $72.4B charge tied to Amazon's convertible notes. Its co-founders…
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Reporting on the business of software — funding rounds, pricing shifts, retention data and the operators making the calls. Updated every weekday.
DoorDash to acquire Instacart for $17B at $65 a share
At least 75% cash, the deal pays a 26% premium to Instacart's pre-report price. The companies…
Azure grew 48%, Microsoft 365 17%: infrastructure outgrows the apps
Google Cloud doubled while ServiceNow's subscriptions grew 21%. The October 28 results suggest…
Microsoft Q1 revenue rises 19% to $92.3B; Azure up 48% to $33.2B
Revenue from OpenAI was $10.0 billion, Microsoft's first quarterly figure, and delayed capacity…
Google Cloud revenue doubles to $30.7B as Alphabet misses estimates
Search growth slowed to 12%, partly on lower AI Mode monetization, Google said. Free cash flow…
ServiceNow tops Q3 guidance, but expects cRPO growth to slow to 18.5%
Subscription revenue rose 21% to $3.99 billion, but the shares fell 18% after hours. The CFO…
Microsoft offers voluntary exits to about 60,000, or 27% of staff
Staff up to level 70 on participating teams in the US, Canada, the UK, and India have until…
Oracle caps new capital raises at $20B, keeps $225B fiscal 2030 goal
Free cash flow turns positive in the second half of fiscal 2028 and reaches at least $30…
Fortinet shares fall as it cuts its 2026 service revenue forecast
Third-quarter billings rose 29% and revenue 20%, but product margins narrowed and the…
