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Cisco Hires Veteran Software Execs From Microsoft, Splunk

By Kevin McLaughlin
· · Source: The Information

Cisco Systems has hired a pair of seasoned executives to fill key roles at the networking company, which is in the process of transitioning its business to generate more revenue from software and subscriptions. Carrie Palin, a 23-year industry veteran, started at Cisco earlier this month as senior vice president and chief marketing officer, according to a company spokesman. Her hiring hasn’t...

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Exclusive Asia
ByteDance’s Stock Value Falls by 20% in Secondary Sale After China Crackdown
By Juro Osawa · Oct. 26, 2021 8:33 AM PDT
Photo by Bloomberg
Is TikTok cheap? Some investors think so and are buying private shares of TikTok owner ByteDance from existing investors at prices that value it at a steep discount compared to trades from earlier this year. Recently, the family office of a Middle Eastern billionaire struck a deal in the secondary market to buy shares that valued closely held ByteDance at $320 billion, and a hedge fund bought a...
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Execs from TikTok, Snap, YouTube Testify At Hearing on Youth Safety
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Data Point
How Creator Economy Investments Could Hit $5 Billion This Year
By Kaya Yurieff and Mahira Dayal
Facebook wants to talk about its ties to creators. So do Chipotle, Disney and Stripe. The upswell of interest in people earning a living from their online followers means it has never been a better time for founders building startups that serve creators.
Data Point Venture Capital
Andreessen Horowitz Investment Staff Grew 170% in Four Years
By Mahira Dayal and Amir Efrati
One of the running jokes among Silicon Valley venture capitalists is that, eventually, all of them will become partners at VC firm Andreessen Horowitz.
Art by Mike Sullivan
Exclusive Media/Telecom Facebook
New Facebook Storm Nears as CNN, Fox Business and Other Outlets Team Up on Whistleblower Docs
By Sylvia Varnham O'Regan and Mark Di Stefano
It’s not often that major news organizations coordinate to sift through a large trove of leaked company documents and agree not to publish stories about them until a certain date.
Kyle Samani, Multicoin Capital co-founder and managing partner. Screenshot via YouTube. Art by Mike Sullivan.
Exclusive Crypto Venture Capital
Multicoin Capital Targets $250 Million for Third Crypto VC Fund
By Kate Clark
Multicoin Capital, which operates a hedge fund focused on crypto tokens, is planning to raise $250 million for its third venture fund to back crypto startups, according to fundraising materials viewed by The Information.
Outside an Apple store in New York. Photo by Bloomberg.
Exclusive Apple Policy
Apple Very Likely to Face DOJ Antitrust Suit
By Josh Sisco
Apple so far has avoided the worst outcome in its U.S. legal battle with Epic Games, but its antitrust woes remain.
Illustration by Josh Brill
Exclusive Crypto Venture Capital
No Longer Just Crypto Curious, Sand Hill Road Investors Get Blockchain Fever
By Kate Clark
For years, the most avid investors in crypto startups have been firms that specialize in the category—with the notable exception of Andreessen Horowitz, the Silicon Valley venture capital firm that got crypto religion early.