Confluent, a startup that develops open-source data processing software, announced it has filed confidentially for an initial public offering but hasn’t yet determined the number of shares it will offer or a price range. Confluent is building a business around Apache Kafka, a type of open-source software that CEO Jay Kreps and his co-founders Neha Narkhede and Jun Rao started more than a...
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Why the CFTC’s Binance Lawsuit Is Good News for Coinbase
Privately held crypto exchanges are setting new lows in corporate governance. If you thought the initial bankruptcy filing for Sam Bankman-Fried’s FTX was stunning in what it revealed about how that company was run, check out the Commodity Futures Trading Commissions lawsuit against Binance today. Here’s a business empire controlled by one person, Changpeng Zhao, which has no board of directors...
Zoom Adds OpenAI Productivity Features, Launches Digital Assistant
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Lyft CEO Steps Down, Likely to Spark Sale Speculation
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