Cloud major Oracle on Monday launched Banking Cloud Services, a new suite of componentised, composable services for the banking industry. The Cloud-native, software-as-a-service (SaaS) suite will give corporate and retail banks the agility to modernise their banking applications to meet customer demands.
U.S. firm Epic Games is challenging Google in an Indian tribunal for not complying with some portions of an antitrust directive, alleging that the tech giant is not hosting the gaming company’s app store on Google’s Play Store app. Epic’s claims are the latest legal issues to plague the Alphabet Inc unit in India. Last month, after losing a legal fight with the Competition Commission of India (CCI).
The CDP industry isn’t immune from the general tech slowdown: 38% of firms showed a reduced headcount in the latest CDP Institute Industry Update report. Cuts were concentrated among the largest and fastest growing firms, suggesting an adjustment to lower expectations. It’s not all bad news: funding held up and the industry still grew over-all.
CDP and marketing cloud vendor Zeta Global announced an agreement to purchase LiveIntent, which helps companies do email-based advertising. The deal will let Zeta expand its identity graph, enter the publisher monetization business, and accelerate its mobile and retail media products. Zeta will pay $77.5 million in cash and $172.5 million in common stock, with potential for additional payments based on performance.