- American City Business Journals•21 minutes ago
Salesforce CEO Marc Benioff would have bid as much as $26 billion for business networking site LinkedIn, VentureBeat reports, after parsing through a new LinkedIn securities filing. Dubbed "Party A" in the SEC filing, it's clear that Benioff was willing to raise San Francisco-based Salesforce (CRM)'s bid and changed its terms if it had been given the chance to do so by LinkedIn, which eventually sold to Microsoft for $26.2 billion. “Reflecting on the additional proposals it made after LinkedIn and Microsoft agreed to exclusivity, the email indicated that Party A would have bid much higher and made changes to the stock/cash components of its offers, but it was acting without communications from LinkedIn,” the filing says.
- Reuters•1 hour ago
European Union privacy watchdogs will let a new EU-U.S. commercial data pact underpinning billions of dollars of transatlantic trade run for at least a year without any legal challenge, they said on Tuesday. The new EU-U.S. Privacy Shield will allow companies to transfer personal data from the EU to the United States - from human resources information to individual browsing histories to hotel bookings. The chair of the group of 28 EU data protection authorities said on Tuesday that the regulators would not launch any challenges to the new Privacy Shield until it has gone through its first annual review, expected sometime next summer.
Microsoft CorporationBuenos Aires
|52wk Range||137.00 - 170.00|
|Day's Range||170.00 - 170.00|
|Avg Vol (3m)||786|
As of 12:36 PM EDT. Buenos Aires Delayed Price. Market open.