Kris Fredrickson, a managing partner at Coatue Management who helped run its funds focused on later-stage private companies, left the investment firm at the end of December, said two people with direct knowledge of the matter. News of the departure hasn’t been previously reported. It’s unclear why Fredrickson departed, though he told CEOs of portfolio companies in recent weeks that he was not...
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Data Point Amazon Markets
Why Amazon Is Giving Employees Record Amounts of Stock, Even as It Trims Head Count
At a moment when Amazon’s overall workforce is shrinking, the company is awarding stock to employees at a record-breaking clip to keep top talent from heading for the exits. Amazon granted 138 million restricted stock units to employees in the second quarter, as the chart above shows—an 82% increase from the number of restricted shares for employees it issued during the same period...
Microsoft Lays Off 200 People in Family-Focused App Business Amid Broader Belt-Tightening
Unity Announces China Joint Venture With Partners Including Alibaba, ByteDance
Former Twitter Employee Convicted of Spying for Saudi Arabia
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