The Tesla chief executive waded into the future of work debate by telling staff at the electric carmaker that they must return to the office for at least 40 hours a week or leave the company, according to an email seen by Reuters.
The acquisition, Oracle's biggest ever, would give the company access to a trove of data and could increase the number of healthcare clients to its cloud platform.
Sandberg, 52, has been one of the most influential women in Silicon Valley and her departure comes as the social media juggernaut faces an uncertain future and fierce competition.
The London-headquartered company cut its teeth in the business by building products for the Microsoft ecosystem, including software for the technology leader’s Azure cloud platform, but diversified to building standalone products in segments such as knowledge base software for enterprise products.
The offering is similar to ‘Buy Now, Pay Later’ in the e-commerce space that helps consumers purchase a product without paying the amount upfront.
The company has told at least one of its third-party logistics partners – among the largest nationally — that it expects shipment volumes to decrease by about 25-30% in the next two quarters.
India ranks third in overall unicorns created, with the United States in first position, followed by China, Tracxn added.
