The Chinese government asked Alibaba to sell its media assets, which include the Twitter-like Weibo platform, the South China Morning Post and other Chinese news outlets, the Wall Street Journal reported. The request is the latest sign of how Alibaba founder Jack Ma has upset the Chinese government. Last fall, his outspoken criticisms about China’s financial system prompted regulators to...
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Another Software Shakeup: Confluent Chief Revenue Officer Departs
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...
SAP Lays Off 2.5% of Workforce, Eyes Sale of Qualtrics Stake
Comcast’s Peacock Loses Nearly $1 Billion in Q4
Venture Firm NEA Raises $6.2 Billion
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