Reportedly, for a brief period Twitter and Yahoo were in talks for a merger. The senior Twitter staff met Yahoo Marissa Mayer, Yahoo's CEO to talk about a possible deal. However, absence of Jack Dorsey, Twitter's CEO in the discussions raises a question about the seriousness of the situation.
There were some hints that pointed at Salesforce getting cozy with Amazon Web Services when Marc Benioff, the chief executive of Salesforce went all out to praise Amazon's cloud unit during the recent earnings call. The reason is quite clear now.
On Tuesday Intuit Inc. reported its fiscal third quarter results which turned out to be better than expected. The company has also benefited from the sale of its businesses like Demandforce, QuickBase and Quicken for cash of $463 million.