Exclusive: Microsoft has no plans to pursue Salesforce – sources

Microsoft Corp currently is not weighing an offer for Salesforce.com Inc , two people familiar with the matter said on Thursday, dampening speculation that Microsoft could be drawn into bidding for the cloud software company. Bloomberg News, citing people with knowledge of the matter, reported earlier this week that Microsoft was evaluating a bid for Salesforce after the latter was approached by another unnamed would-be buyer. Microsoft considers Salesforce's current market valuation expensive, one of the people said

Read more

Spotify expresses interest to raise $500 million: WSJ

(Reuters) – Online music streaming service Spotify is working with Goldman Sachs for a new round of private fundraising which could potentially put off the initial public offering for another year, the Wall Street Journal reported, citing people familiar with the matter. Spotify is talking with investors who are known to buy into companies before a IPO, including mutual fund T. Rowe Price Group, the report said, citing people familiar with the matter.

Read more