Here’s a pretty standard acquisition story, but the company being bought is named Little Bird so we can think of it as part of a Thanksgiving theme. Little Bird helps brands find social influences and build communities. The buyer is Sprinklr, an enterprise social media management platform. You might say they gobbled them up.
This story caught my eye because it’s about consumers gathering data about companies, instead of the other way around. Man bites dog, as it were. In this case, consumers are sharing grocery store price and availability information through a new company called Basket. One of the co-founders was an early employee at Waze, which is based on crowd-sourcing traffic information.
Been spending a lot on content, have you? How do you feel to learn that 90% of the engagement goes to just 5% of the items? And that consumption hasn’t increased even though companies are spending 50% more on content creation? Marketing performance measurement vendor Beckon provides these and other sobering facts in a new survey.
Salesforce has reversed course on its bid to acquire data management and integration platform Informatica a source has told Reuters. Informatica itself said that it is not in talks to be acquired. Salesforce stocks rose on this latest news while Informatica’s fell.