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Amazon’s online store sales dip below 40% of net sales for first time, and other earnings notes

GeekWire

The chart below is what Amazon’s net sales look like in raw numbers over the past several years, broken down into the major business segments reported by the Seattle-based company. Here are the same results, expressed as a percentage of net sales. Here’s how the company defines each segment in its 10Q filing.

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Cannabis company Leafly completes 1-for-20 reverse stock split to avoid Nasdaq delisting

GeekWire

(Leafly Image) Seattle cannabis marketplace company Leafly this week completed a 1-for-20 reverse stock split, consolidating its shares in an effort to remain compliant with Nasdaq listing requirements. They are opposite from stock splitting, which is when public companies with high stock prices split up shares.

Company 100
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Impinj stock soars 20% after beating Q1 estimates

GeekWire

Shares of Impinj were up 20% on Thursday following the company’s first quarter earnings release. The company posted GAAP net income of $33.3 million, which was boosted by $45 million from the settlement of recent patent litigation that also includes an annual license fee. The company posted GAAP net income of $33.3

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ServiceNow, Rimini Street partner for a new ERP cost-saving model

CIO Business Intelligence

The new enterprise model ensures that enterprises don’t have to “rip and replace” or “lift and shift” their ERP software, which could lead to delayed or often unrealized return on investment, the companies said. The new offering combines ServiceNow’s AI platform and Rimini Street products, such as Rimini Support and Rimini Manage.

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Microsoft buys AI speech tech company Nuance for $19.7 billion

The Verge

Microsoft will pay $56 per share for Nuance, a 23 percent premium over the company’s closing price last Friday. The deal includes Nuance’s net debt. Nuance has licensed this tech for many services and applications, including, most famously, Apple’s digital assistant Siri. Last month, the company completed its $7.5

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SAP offers faster updates, longer maintenance for S/4HANA in private clouds

CIO Business Intelligence

The good news for SAP is that many of the customers adopting its cloud-based S/4HANA offering are net-new, meaning more market share. Customers who subsequently become dissatisfied with Rise will need to buy back their perpetual license if they want to stay on SAP’s platform.

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ACCO Brands will pay $340M to acquire Seattle-area game controller company PowerA

GeekWire

ACCO’s plans for PowerA in the future include leveraging development and supply chains between PowerA and its portfolio company Kensington, as well as expanding PowerA’s sales presence in Europe, the Middle East, and Africa. More importantly, the PowerA acquisition is part of a plan by ACCO to evolve its business.

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