Twitter increased its revenue 28% in the first quarter, but its user growth rate slowed for the third quarter in a row, a sign that the surge Twitter got in user growth last year is petering out. Twitter reported 20% growth in daily active users to 199 million, a slowdown from the 27% year-over-year increase reported in the prior quarter, and lower than analysts had predicted. The social...
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Salesforce’s Pretend Co-CEO Arrangement
Marc Benioff has redefined the term co-CEO. As The Information reported earlier today, Bret Taylor, newly named co-CEO of Salesforce, will continue reporting to Benioff, his fellow co-CEO. So instead of the term meaning two leaders on equal terms, it now just means two people who work with each other in a boss-subordinate relationship. At this rate, Salesforce could give the co-CEO label to its...
Grab to Launch Biggest Debut of Southeast Asian Company on Nasdaq
India’s Ride-Hailing App Ola Plans IPO in First Half of 2022
Apple Warns Suppliers of Slowing Demand for iPhones
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