ServiceNow Continues Acquisitions

Earlier this week, ITSM provider ServiceNow (NYSE: NOW) reported its third quarter results that surpassed market expectations. But the market was not pleased with the performance and the stock slid nearly 5% post the announcement. It is a small bump considering that the stock has climbed nearly 60% since the start of the year.

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Billion Dollar Unicorns: Proofpoint Expands Product Offerings to Gain Market Share

According to Gartner, the global cloud-based security services market is estimated to grow 21% this year to $5.9 billion and $9 billion by the year 2020. The growth is expected to be driven by small and mid-sized businesses as they are becoming increasingly aware of security threats. Billion Dollar Unicorn player Proofpoint is helping manage email-based attacks as part of this industry.

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2018 IPO Prospects: Lyft may go Public Sooner than Uber

Earlier this year, I had observed how it may be a while before we see the IPOs for ride-sharing apps like Uber and Lyft. For Uber, that prophecy appears to be holding good considering the widespread scandals surrounding the company with reference to its corporate culture and business practices. But, recent reports suggest that Lyft may instead be on a fast ride to the stock exchange.

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Billion Dollar Unicorns: Atlassian Hits a New High

In December 2015, legitimate Billion Dollar Unicorn and collaboration software maker Atlassian (NASDAQ: TEAM) had a successful IPO that valued it at $5.8 billion, and today its stock is trading in the public market at almost double that valuation. >>>

SAP Hits a 52-Week High

The MarTech space is getting bigger and bigger. About 5,000 companies are a part of the MarTech landscape from just 150 in 2011. With its latest acquisition of Gigya, SAP is getting deeper into the space. >>>

eBay Needs to Shape Up

According to a BI Intelligence, US consumers spent $385 billion online in 2016 and are expected to spend $632 billion online in 2020. The number of online shoppers in the US grew by nearly 20 million in 2016 to 224 million shoppers. >>>

IBM Seems to be Making Slow but Steady Progress

In its recent third quarter results, IBM (NYSE: IBM) came quite close to breaking the streak of 22 straight quarters of revenue declines. However, despite the revenue decline of 0.4%, it handily beat revenue and earnings estimates and looks set for a boost to its stock. >>>

Netflix Focusing on Original Content for Kids

According to a MarketandMarkets report, the global video streaming market is expected to grow from $30.29 billion in 2016 to $70.05 billion by 2021, at a CAGR of 18.3% during the forecast period. The pioneer in video streaming Netflix (NASDAQ: NFLX) is reaping the benefits of this trend with its original content strategy.  >>>