Microsoft is developing a “next generation game store” that could operate on mobile devices and compete with Apple’s App Store and the Google Play Store, the company said in a regulatory filing on Tuesday. Microsoft’s $69 billion acquisition of Activision Blizzard will enable its Xbox gaming unit to expand to the mobile gaming market, where it currently has “no meaningful presence,” the...
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Another Software Shakeup: Confluent Chief Revenue Officer Departs
As software gets harder to sell, top sales leaders are increasingly getting replaced. Larry Shurtz, chief revenue officer at data analytics firm Confluent, is leaving about 18 months after joining from Salesforce, according to a person with direct knowledge. His departure follows similar removals of sales leaders at major enterprise software firms such as Salesforce, Google Cloud and Okta...
SAP Lays Off 2.5% of Workforce, Eyes Sale of Qualtrics Stake
Comcast’s Peacock Loses Nearly $1 Billion in Q4
Venture Firm NEA Raises $6.2 Billion
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