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Exclusive enterprise
Another Software Shakeup: Confluent Chief Revenue Officer Departs
By Kevin McLaughlin · Jan. 26, 2023 11:39 AM PST
Photo via Getty Images
As software gets harder to sell, top sales leaders are increasingly getting replaced. Larry Shurtz, chief revenue officer at data analytics firm Confluent, is leaving about 18 months after joining from Salesforce, according to a person with direct knowledge. His departure follows similar removals of sales leaders at major enterprise software firms such as Salesforce, Google Cloud and Okta...
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SAP Lays Off 2.5% of Workforce, Eyes Sale of Qualtrics Stake
By Kevin McLaughlin · Jan. 26, 2023
Comcast’s Peacock Loses Nearly $1 Billion in Q4
By Martin Peers · Jan. 26, 2023
Venture Firm NEA Raises $6.2 Billion
By Kate Clark · Jan. 26, 2023
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Google's headquarters in Mountain View, Calif. Photo by Bloomberg
Exclusive google cloud
Google Laid Off High Performers and Earners While Largely Sparing ‘Brain’ AI Lab
By Amir Efrati and Jon Victor
Google's move to lay off 6.4% of staff on Friday didn’t come as a shock to most employees, but it stunned some of the individuals who were cut.
Microsoft CEO Satya Nadella. Photo by Bloomberg
Exclusive microsoft ai
How Microsoft’s Stumbles Led to Its OpenAI Alliance
By Kevin McLaughlin and Aaron Holmes
For more than a decade, Microsoft Research, the company’s in-house research group, has touted artificial intelligence breakthroughs such as translating speech to text and software that could understand human language or recognize objects in images.
Patreon CEO Jack Conte. Art by Mike Sullivan
Exclusive startups entertainment
At Patreon, Mismanagement Thwarts a Pandemic-Era Star
By Paris Martineau
Two years ago, Jack Conte seemed to have pulled off one of the most remarkable makeovers in recent Silicon Valley memory.
Art by Clark Miller.
Founders' Keepers startups culture
Founders’ Keepers: The Gadgets, Mugs and Mementos That CEOs Can’t Work Without
By Paul Armstrong
Athletes wear lucky socks. Children have their favorite stuffies. But tech founders? Their most prized workplace possessions run an exceptionally wide gamut, ranging from the idiosyncratic (a Jesuit obelisk) to the alarmingly practical (a pistol lockbox) to the comfortingly basic (a yellow pad and pen).
Sumo Logic CEO Ramin Sayar. Photo by Bloomberg.
Exclusive
Thoma Bravo, Vista Approach Sumo Logic About a Possible Buyout
By Maria Heeter and Aaron Holmes
Private equity firms including Thoma Bravo, Vista Equity Partners and Francisco Partners have approached data analytics software company Sumo Logic expressing interest in a possible acquisition, according to a person familiar with the matter.
Art by Clark Miller
The Big Read
Citizen Marc: Why the Andreessen Horowitz Founder Can’t Stop Chasing Dreams of a New Media
By Abram Brown
The pitch was right up Marc Andreessen’s alley: a fledgling but buzzy digital media startup, which intended not only to produce its own content but to sell its content-management software to other publishers—and, if that worked, to scale its platform to anyone willing to pay.