HubSpot shares plunge on report that Alphabet is shelving interest in acquiring software company

According to Bloomberg, Alphabet was in talks with HubSpot earlier this year, "but the sides didn't reach a point of detailed discussions about due diligence," the report said, citing people with knowledge of the matter. Alphabet, meanwhile, hasn't topped 20% growth since early 2022. Revenue in the latest period rose 15% from a year earlier to $80.54 billion. Google is no stranger to competition regulation. The U.S. Justice Department and a collection of state attorneys general accused Google of violating a ...