Palantir IPO Value Could Top $40 Billion

Data mining specialist Palantir Technologies Inc. is looking forward to a 2020 IPO that could value the company in excess of $40 billion. The firm had already rounded up $2 billion in investments during its last funding round in 2015, valuing the company at $20...

SAP Buys Qualtrics for $8 Billion

Qualtrics, a US-based company that specializes in collecting and analyzing data for market research and customer loyalty, has been sold to software giant SAP for $8 billion. Qualtrics had been valued at around $4.5 billion and it was just about to go public. SAP CEO...

Samsung Acquires Mobile Data Firm Zhilabs

As worldwide smartphone sales start to plateau, tech giant Samsung is taking the plunge into artificial intelligence (AI) and 5G telephony. Samsung covets Zhilab’s strengths in network data analysis and it has acquired the Barcelona-based Zhilabs for an undisclosed...