HashiCorp, which sells tools for running applications on cloud providers and private data centers, raised $1.2 billion in its initial public offering, becoming the latest startup to capture the attention of enterprise software investors. The nine-year-old company sold 15.3 million shares at $80 per share, up from an earlier range of $68 to $72, giving it a market capitalization of $14...
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TikTok’s Ad Stumbles; an NFT Artist on Crypto Twitter, Philanthropy and Diversity
TikTok aims to rival the ad revenue of digital titans such as Meta Platforms, but a new report from my colleague Sylvia shows that turbulence within the short-form video app’s ad sales department threatens to throw it off course.That turbulence includes a high-pressure culture that has resulted in heavy turnover. Since top-down instruction still comes from Beijing, employees are confused about...
Cloud Management Firm Nutanix Lays Off 4% of Staff
Activist Investor Builds 7% Stake in New York Times, Urges Subscription Bundle Push
BlackRock Launches Bitcoin Trust for Big Clients
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