Oct 3, 2018

Cloudera and Hortonworks to merge

Dan Primack, author of Pro Rata

Cloudera CEO Tom Reilly. Photo by Drew Angerer/Getty Images.

Cloudera and Hortonworks on Wednesday announced an all-stock merger that would create a $5.2 billion provider of data management solutions in the cloud.

Be smart: The companies are calling it a "merger of equals," but it isn't. Cloudera shareholders would own 60% of the combined business, and its CEO Tom Reilly remains in charge. Hortonworks CEO Rob Bearden would step down from an operating role, but join the board of directors,

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Dave Lawler
Updated 3 mins ago - World

At least 100 killed, much of Beirut destroyed in massive explosion

Photo: Anwar Amro/AFP via Getty Images

A major explosion Beirut, Lebanon has killed at least 100 people and injured over 4,000, according to the Lebanese Red Cross.

Driving the news: Prime Minister Hassan Diab said the explosions occurred at a warehouse that had been storing 2,750 tons of ammonium nitrate for over six years.

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Hans Nichols, Alexi McCammond
50 mins ago - Politics & Policy

Biden confidants see VP choices narrowing to Harris and Rice

Photos: Tom Williams/CQ-Roll Call, Inc via Getty Images; Win McNamee/Getty Images

Confidants of Joe Biden believe his choices for vice president have narrowed to Sen. Kamala Harris and Susan Rice — and would be surprised if he picks anyone else.

The state of play: This is a snapshot of the nearly unanimous read that we get from more than a dozen people close to him.

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Stef W. Kight, Alexi McCammond
1 hour ago - Politics & Policy

An election like no other

Illustration: Eniola Odetunde/Axios

The coronavirus will make the 2020 presidential election different from any in modern history: Voting that begins earlier, results that take longer, mail carriers as virtual poll workers and October Surprises that pop in September.

The big picture: Perhaps 80 million Americans will vote early, by mail or in person, Tom Bonier, CEO of TargetSmart, a Democratic political data firm, tells Axios. That's going to set up more of an Election Season than an Election Day — and increase the odds of national turmoil over the vote count.

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