The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
The deal could help Microsoft make its argument that it supports open-source technologies, particularly in the cloud, while continuing to make money from popular proprietary software like Windows and Office. In the cloud business, Microsoft wants to use openness as a way to pick up business amid competition from Google, market leader Amazon and others.
Microsoft has also sought to bolster its reputation in the open-source world by making its products work better with the Linux operating system, which is widely used to run applications in public clouds. It also acquired GitHub last year in a $7.5 billion deal. GitHub is a place where developers collaborate on, explore and access open-source projects.
Currently, Citus Data's website advertises a version of its database software that's hosted on Amazon Web Services. Microsoft's blog post announcing the acquisition mentions the competing Azure cloud 10 times.
"Working together, we will accelerate the delivery of key, enterprise-ready features from Azure to PostgreSQL and enable critical PostgreSQL workloads to run on Azure with confidence," Rohan Kumar, corporate vice president for Azure data at Microsoft, wrote in the blog post.
Microsoft doesn't have plans to change Citus Data's business at this time, a spokesman told CNBC in an email.
Microsoft did not immediately respond to a request for comment about whether Microsoft will continue to offer the Citus Cloud offering on AWS.
The start-up was founded in 2011 and had offices in San Francisco and Turkey, with 40 employees, according to LinkedIn data. Citus Data's investors include Silicon Valley accelerator Y Combinator, Data Collective and Khosla Ventures.