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...

Havas Group Media Hires CDO From Within

Bret Leece, formerly President of Dentsu Aegis and chief product officer at Initiative, has been appointed global chief data and innovation officer at Havas Group Media. More on Leece in this report from The Drum: The New York posting will see Leece tasked with...

Sony Music Taps New CDO

Sony Music Entertainment has tapped Sol Rashidi to be its new Executive Vice President and Chief Data Officer. Rashid was formerly a CDO for Royal Caribbean Cruise Lines. She has also previously worked at Ernst & Young LLP and IBM. Rashidi will report to Dennis...

Media Giant Dentsu Names Chief Data Officer

Maddie Armitage has been appointed as Chief Data Officer of Dentsu Aegis Network. She is to lead the firm’s data and analytics group which has been tasked with developing and improving products and services for clients. More information on Armitage can be found in...