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Tuesday, 3 June 2025

Snowflake agrees to acquire Crunchy Data, a cloud-based database service that helps businesses and government agencies use PostgreSQL, a source says for ~$250M (Belle Lin/Wall Street Journal)

Belle Lin / Wall Street Journal:
Snowflake agrees to acquire Crunchy Data, a cloud-based database service that helps businesses and government agencies use PostgreSQL, a source says for ~$250M  —  The cloud data company aims to attract customers who want to build their own artificial intelligence agents



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Anthropic's Claude Cowork launch has revived fears about disruption that weighed on SaaS stocks in 2025; Morgan Stanley SaaS index is down 15% so far in 2026 (Ryan Vlastelica/Bloomberg)

Ryan Vlastelica / Bloomberg : Anthropic's Claude Cowork launch has revived fears about disruption that weighed on SaaS stocks in 2025...