Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
In a text message, Grisham confirmed to CNBC that she will still be working for the first lady even as she takes on her new roles.Politicsread more
Acting Customs and Border Protection Commissioner John Sanders is resigning amid the furor over the Trump administration's treatment of migrant children.Politicsread more
NBC is taking the office back from Netflix as it seeks to bolster its own streaming service launching in 2020.Technologyread more
Wayfair employees plan to walk out tomorrow, after no action was taken in response to their opposition to the company supplying border detention camps with beds for children.Retailread more
Micron beat analyst estimates on earnings and revenue for its fiscal third quarter of 2019.Technologyread more
Omarosa Manigault Newman, who had been a senior advisor to President Donald Trump before her firing, was sued for allegedly failing to file required financial disclosures.Politicsread more
San Francisco on Tuesday became the first city in the country to ban e-cigarettes after city officials voted in favor of an ordinance that prohibits the sale of any...Health and Scienceread 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.