With everything from garbage trucks to espresso machines eager to help monitor and store data on everything they can, it seems inevitable that more data will continue to be collected and stored indefinitely. But with great data comes great amounts of responsibility — as well as liability and regulation.
Salesforce.com Inc., which sells business productivity software, agreed to buy Demandware Inc., a provider of cloud-commerce services, in a transaction worth about $2.8 billion.
Under the terms of the agreement, Salesforce will start a tender offer for all outstanding Demandware shares for $75 each in cash, the companies said in a statement Wednesday. The transaction is expected to close in the second quarter of Salesforce’s fiscal year 2017.
Amazon.com Inc. is testing a new service that will make it easier for businesses to run artificial intelligence software on computers rented from the company, people familiar with the situation said, stepping up competition with Alphabet Inc. unit Google, Microsoft Corp. and International Business Machines Corp.