Hewlett Packard Enterprise’s server sales declined 16% during its fiscal first quarter compared to the previous year, which executives said was partly due to supply chain disruption in China stemming from the coronavirus epidemic, and partly because customers are delaying purchases amid an uncertain global economy. The results, which come after Dell Technologies last week reported an 11% drop...
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Stripe in Talks to Raise Up to $3 Billion From Current Investors
Less than a week after telling employees that it would evaluate a public offering over the next year, payments giant Stripe is moving quickly on a deal to raise as much as $3 billion from its existing investors. The talks, which have heated up in recent days, are likely to value the company at between $55 billion and $60 billion, according to one person involved in the potential deal....
TikTok CEO To Testify Before Congress
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