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Cloud Software Firm Sumo Logic Files to Go Public

Cloud software firm Sumo Logic has filed to go public, becoming the latest software company headed to the public markets this fall. It joins Snowflake, which confidentially filed for an initial public offering, as well as Palantir and Asana, both of which are opting for direct listings. Redwood City, Calif.-based Sumo Logic has yet to be profitable. It lost $92 million last year, according to...

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Accepting Kickbacks, Publishers Are Playing Into Tech Companies’ Hands

For years, news publishers have been clamoring for Facebook, Google and Apple to pay for the news content that gets distributed through their services. Well, they have gotten what they wished for—sort of. And it’s troubling news.

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