Snowflake, one of the biggest success stories in the database market, is branching out into a new area by acquiring Streamlit, a startup that sells access to open-source–based tools that help machine-learning engineers and data scientists build web applications using the Python programming language. The $800 million acquisition is a window into Snowflake’s strategy for attracting more...
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Meta Declares ‘Year of Efficiency’ as Revenue Stagnates

We’re in the middle of Chinese New Year celebrations at the start of the Year of the Rabbit. At Meta Platforms, though, it’s the “year of efficiency,” as CEO Mark Zuckerberg declared Wednesday on announcing fourth-quarter results. Investors such as Altimeter Capital, which last fall called on Meta to streamline, will be happy. It’s just a pity that Meta, like much of big tech, appears to have...
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