China has taken the unusual and drastic step of quarantining Wuhan, the city of 11 million people that is the center of the outbreak of a deadly and fast-moving virus. Despite all of China’s technological advances, the spread of the novel coronavirus highlights the limits of the regime. Local media are reporting that hospitals in Wuhan are overrun with patients. At the same time, the sudden...
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Sumo Logic Cuts Staff After Francisco Partners Takeover
Data analytics software company Sumo Logic made widespread layoffs this week, according to people familiar with the matter and an email to staff viewed by The Information, less than a month after private equity firm Francisco Partners bought the company for $1.7 billion. The exact size of the cuts couldn’t be learned. Chief Executive Joe Kim, who was named CEO three days after the...
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