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Enterprise Computing

Microsoft Is Worth as Much as Apple. How Did That Happen?

Just a few years ago, Microsoft was seen as a lumbering has-been of the technology world. It was big and still quite profitable, but the company had lost its luster, failing or trailing in the markets of the future like mobile, search, online advertising and cloud computing. Its stock price …

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Pre-I.P.O. Deals Add to Exodus From Public Markets

Ryan Smith spent years planning to sell shares of his software company, Qualtrics, on the stock market, meeting with bankers, carefully auditing financials and shaping a Wall Street-friendly narrative about the company’s prospects. Two weeks ago, the finish line was close, with a listing on the Nasdaq just a few …

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Google Cloud Executive Who Sought Pentagon Contract Steps Down

SAN FRANCISCO — Diane Greene, whose pursuit of Pentagon contracts for artificial intelligence technology sparked a worker uprising at Google, is stepping down as chief executive of the company’s cloud computing business. Ms. Greene said she would stay on as chief executive until January. She will be replaced by Thomas …

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IBM to Buy Red Hat, the Top Linux Distributor, for $34 Billion

IBM is making a big move to bring more software developers under its corporate wing by acquiring Red Hat, the largest distributor of the popular open source operating system Linux, for $34 billion. The purchase, announced on Sunday afternoon, is the latest competitive step among large business software companies to …

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