Corporate Raider Out to Buy Dayforce for $10B

Private equity firm Thoma Bravo is in talks to acquire Dayforce, a human-resources software provider valued at more than $10 billion.

News of the talks sent Dayforce stock soaring. (Photo: Thomas Hawk Flickr)

News of the talks sent Dayforce stock soaring 26%, its best single day jump since its April 2018 market debut.

At the same time, Big Tech’s acquihire spree is intensifying, as major players scoop up startups for their top employees and founders. With fewer companies going public, the battle for talent is pressuring startups to find new ways to retain staff, Bloomberg Tech’s Yazhou Sun reported.

Meanwhile, Apple’s Vision Pro headset has disappointed consumers, largely due to its steep price and lack of must-have features.

Bloomberg’s Mark Gurman writes that a cheaper, lighter model is due in 2027 but warns Apple risks worse results if it doesn’t act faster to offer something irresistible.