Even big tech firms are taking steps to cut costs as the coronavirus spreads. LinkedIn told employees this week that it would pause most of its hiring as it figures out business planning, a person familiar with the matter said. The move is notable because of how many candidates the job site sifts through itself. CEO Jeff Weiner told employees at an all-hands meeting last year that the company...
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The Briefing markets startups
Forget the IPO Window. Watch for More M&A
Here’s some food for thought about initial public offerings. Yesterday I asked Brex co-CEO Henrique Dubugras when he thought the IPO window would open. His fintech company, after all, is one of many that could be beating down that door. Having raised $1.5 billion in funding, Dubugras said the company has a plan to break even off its existing funding. When I ask the IPO question, I usually...
China’s Last-Mile-Delivery Giant Files for Hong Kong IPO
Judge Sides Against Google on Claims It Deleted Records
Google Strikes Deal With Replit in Challenge to Microsoft
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