The co-founder of Terraform Labs, a cryptocurrency company that imploded earlier this year, said he isn’t on the run after South Korea issued an arrest warrant for him. Terraform’s co-founder, Do Kwon, who has been accused of fleecing crypto investors after his terraUSD coin collapsed in May, said on Twitter that he would cooperate with authorities and that he and his colleagues “have held...
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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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