HashiCorp, a startup that develops software for managing and securing computing jobs running on multiple cloud providers, announced a $175 million Series E funding round led by Franklin Templeton. It valued HashiCorp at $5.1 billion, or roughly triple its valuation after its last funding in November 2018. The timing was symbolic: The Information featured HashiCorp in an article on Monday...
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Data Point electric vehicles
Electric Vehicle Startups Face Cash Crunch
Startup makers of electric vehicles were one of the biggest beneficiaries of the SPAC party of 2020–21—and that fete is now well and truly in the hangover phase. At least a dozen EV startups have gone public since 2020, mostly by merging with a special purpose acquisition company, with grand ambitions to reinvent the way people and freight moved around. Now, at least...
Amazon CEO Andy Jassy Defends Overbuilding During Pandemic
Kraken Lays Off 30% of Staff
CrowdStrike Stock Falls 20% After Reporting a Drop in Recurring Revenue
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The Information’s Top Tech-Adjacent Gifts for 2022
After the roller-coaster ride of the past month, everyone needs a little retail therapy. So, in honor of Black Friday and the upcoming holiday season, we’ve put together our annual gift guide, asking The Information’s staffers to share their favorite tech and tech-adjacent purchases of the last year.