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Here's your TNV Tech minute for Tuesday, May 27th. I'm Victoria Craig for the Wall Street Journal Cloud software company Salesforce has struck a roughly $8 billion deal to buy data management firm Informatica. The deal, which the Journal exclusively reports, is aimed at boosting Salesforce's AI capabilities, and it's among the company's biggest acquisitions since it paid $28 billion for Slack in 2021. Salesforce's CEO has focused recently on pivoting attention to a that help clients manage customer service and other needs. Elsewhere, Tesla is struggling to cash in on Europe's growing electric vehicle market, where Chinese rivals are expanding. New data from Europe's automaker Industry Group indicates Tesla sales plunged nearly 53% across the European Union in April. It's the fourth straight month of contraction from last year. Passenger car registrations overall in the EU fell 1.2% in the first four months of the year. It also comes as Tesla continues to face stiff competition from Chinese competitors like BYD, which sold more EVs than Tesla in Europe for the first time last month, and as the company is grappling with backlash from CEO Elon Musk's role in the Trump administration and finally, President Trump's media company. Trump Media and Technology Group plans to raise about $2.5 billion from institutional investors to buy bitcoin. It's the latest entanglement of the president's private business ventures and cryptocurrency markets. The company said today it plans to issue and sell $1.5 billion company's stock and $1 billion in convertible debt to 50 investors. It plans to use the funding to create a bitcoin treasury. For a deeper dive into what's happening in tech, check out Wednesday's Tech News Briefing podcast.
WSJ Tech News Briefing – May 27, 2025
Host: Victoria Craig
Podcast: WSJ Tech News Briefing
Episode: TNB Tech Minute: Salesforce Boosts AI Chops With $8 Billion Informatica Buy
In a significant move to bolster its artificial intelligence (AI) offerings, Salesforce has announced an approximate $8 billion acquisition of data management firm Informatica. This deal marks one of Salesforce's largest acquisitions since its $28 billion purchase of Slack in 2021.
“The deal is aimed at boosting Salesforce's AI capabilities, and it's among the company's biggest acquisitions since it paid $28 billion for Slack in 2021.”
— Victoria Craig, [00:31]
Salesforce's CEO has been strategically pivoting the company's focus towards enhancing tools that assist clients in managing customer service and other operational needs. By integrating Informatica's robust data management solutions, Salesforce aims to provide more sophisticated AI-driven insights and functionalities to its expansive user base.
“Salesforce's CEO has focused recently on pivoting attention to tools that help clients manage customer service and other needs.”
— Victoria Craig, [00:45]
This acquisition underscores Salesforce's commitment to staying at the forefront of AI innovation, ensuring that its platform remains indispensable for businesses seeking to leverage data-driven strategies.
While Salesforce is expanding, Tesla is encountering challenges in the European electric vehicle (EV) market. Recent data from Europe's Automaker Industry Group reveals a 53% plunge in Tesla sales across the European Union in April, marking the fourth consecutive month of declining sales compared to last year.
“New data from Europe's automaker Industry Group indicates Tesla sales plunged nearly 53% across the European Union in April.”
— Victoria Craig, [01:15]
Overall passenger car registrations in the EU fell by 1.2% during the first four months of the year, highlighting a broader slowdown in the market. Tesla's struggles are further compounded by fierce competition from Chinese EV manufacturers, particularly BYD, which surpassed Tesla in European EV sales for the first time last month.
“It also comes as Tesla continues to face stiff competition from Chinese competitors like BYD, which sold more EVs than Tesla in Europe for the first time last month.”
— Victoria Craig, [01:35]
Additionally, Tesla is grappling with public relations challenges stemming from CEO Elon Musk's involvement with the Trump administration and controversies surrounding Trump Media and Technology Group.
In a noteworthy development, Trump Media and Technology Group is planning to raise approximately $2.5 billion from institutional investors to invest in Bitcoin. This initiative represents the latest intersection between the former president's private business ventures and the cryptocurrency market.
“Trump Media and Technology Group plans to raise about $2.5 billion from institutional investors to buy bitcoin.”
— Victoria Craig, [02:00]
The company announced intentions to issue and sell $1.5 billion of its stock and $1 billion in convertible debt to 50 investors. The funds raised will be allocated to create a bitcoin treasury, positioning the company to capitalize on the growing interest in digital currencies.
“It plans to issue and sell $1.5 billion company's stock and $1 billion in convertible debt to 50 investors. It plans to use the funding to create a bitcoin treasury.”
— Victoria Craig, [02:15]
This move not only diversifies Trump Media's financial portfolio but also signals a strategic bet on the future of cryptocurrency as a mainstream financial asset.
Today's Tech Minute highlighted pivotal shifts in the tech landscape:
Salesforce's strategic acquisition of Informatica signifies a major investment in AI, aiming to enhance client services and maintain its competitive edge.
Tesla's declining sales in Europe underscore the intensifying competition from Chinese EV manufacturers and the challenges posed by market dynamics and leadership controversies.
Trump Media's foray into cryptocurrency with a substantial fundraising effort illustrates the growing intersection between traditional media enterprises and the burgeoning digital currency market.
For a more comprehensive analysis and additional tech insights, tune into Wednesday's Tech News Briefing podcast.
Listen to the full episode here.