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Cloudera, Hortonworks Plan To Merge As $5.2B Cloud Data Platform

Xconomy

Palo Alto, CA-based Cloudera (NYSE: CLDR ) and Santa Clara, CA-based Hortonworks (NASDAQ: HDP ) said they expect the merger to close during the first quarter of 2019 if it passes an antitrust review. The goal of the combined entity is to provide a leading data platform. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Tech Companies Share Shutdown Losses, With Little Chance of Back Pay

Xconomy

As federal agency employees miss their first paychecks today due to the partial government shutdown that began Dec. 22, federal contractors and their workers—including technology professionals—face a loss of income that they may never recover.