Payment processor First Data Corp. has acquired Spree Commerce, a provider of open-source software for 45,000 e-commerce storefronts. The addition of Bethesda, Md.-based Spree could bolster First Data ...

Spree's CEO Sean Schofield revealed the purchase in a blog post Sept. 18. Spree will continue to develop e-commerce software out of its Washington, D.C. office and plans to continue hiring employees, ...

Corporate spending on cloud services continues to accelerate, with artificial intelligence alone accounting for around half of the market’s growth. Enterprises’ growing hunger for cloud-based AI ...

Venture capital firms continue to funnel big sums of money to big data startups. Hadoop player Cloudera announced $160 million in new financing, and analytics startup Platfora raised $38 million.