Databricks, a provider of machine-learning and data-analytics software, has hired Salesforce veteran Andy Kofoid as its new sales chief in advance of an expected initial public offering in the coming months. Kofoid joined Salesforce in its 2013 acquisition of marketing automation company ExactTarget, where he was executive vice president and chief operating officer, and previously held sales...
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KKR Has Considered Buying Venture Lender to Expand Startup Debt
Private equity giant Kohlberg Kravis Roberts & Co. is looking to expand its lending to venture-backed startups and has considered buying a venture-focused lender or recruiting a team of professionals focused on such deals, people familiar with the talks told The Information. Some KKR rivals, including Blackstone, have been making a similar push into venture debt, anticipating that tech...
FDIC Issues Cease and Desist Letter to FTX US, Four Other Firms
U.K. Government Blocks Chip Deal by Chinese Firm
China’s Cyber Regulator Wants “Affectionate” Ties With Tech Companies
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