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Facebook to buy Giphy for $400 million

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Facebook has agreed to buy Giphy , the popular platform of shareable animated images. The total deal value is around $400 million. A source close to the situation says that the two companies first began talking prior to the pandemic, although that was more about a partnership than an acquisition. New York-based  Giphy is expected to retain its own branding, with its primary integration to come via Facebook's Instagram platform. Facebook is currently facing enormous blowback over its previous acquisitions, which means that this deal, however small by comparison, is likely to face a lot of antitrust scrutiny by regulators. The tech giant is currently under investigation by federal and state lawmakers for antitrust. Giphy is a massive video library, with hundreds of millions of daily users that share billions of GIFs. If you still have questions or just want to chat about Tech stuff, contact me and i will be glad to help!.

Google To Acquire Looker For $2.6 Billion

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The deal is expected to close later this year, at which point Looker will become part of Google Cloud , helping serve Google customers a more comprehensive analytics solution. Data remains an untapped resource for many organizations and businesses. I believe the addition of Looker to Google Cloud will provide customers with a more comprehensive analytics solution,from ingesting and integrating data to gain insights, to embedded analytics and visualizations enabling enterprises to leverage the power of analytics, machine learning and AI. Whether that’s supply chain analytics in retailing; media analytics in entertainment; or healthcare analytics at global scale. The market for business intelligence software is large. Indeed in August 2018, IDC said that "Worldwide revenue for big data and business analytics (BDA) solutions was $166 billion, up 11.7% over 2017 and would reach $260 billion ...

Salesforce’s $15.7B Tableau Acquisition

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The data analytics race has just taken a very interesting turn with the Tableau acquisition by Salesforce. In 2003, Tableau set out to pioneer self-service analytics with an intuitive analytics platform that would empower people of any skill level to work with data. Now acquired by Salesforce. The acquisition is the largest in Salesforce history, and the company’s co-CEO, Marc Benioff, hinted at larger ambitions when he declared that Seattle would become Salesforce “HQ2” as a result of the Tableau deal. The West Coast is increasingly becoming a larger tech hub encompassing San Francisco, Silicon Valley and Seattle. This acquisition combines a CRM and an analytics platform. Tableau helps people see and understand data, and Salesforce helps people engage and understand customers. “Joining forces with Salesforce will enhance our ability to help people everywhere see and understand data,” added...