Cloud Enterprise

Nutanix Shares Nosedive After Weak Sales Forecast

Nutanix, which sells software for managing computing and storage in data centers, triggered a selloff after its sales forecast for the current quarter fell well short of Wall Street’s expectations. But CEO Dheeraj Pandey says Nutanix isn’t losing deals to its main rival, VMware.  Nutanix beat Wall Street’s revenue forecast and posted a narrower-than-expected net loss for its fiscal...

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Andreessen Horowitz Values Clubhouse at $4 Billion With DST, Tiger
Dion Foxworth, co-host of the “Stock Market Moves” show, uses the Clubhouse app. Photo:Bloomberg
Andreessen Horowitz is valuing the social media app Clubhouse at $4 billion in a round of financing with new investors DST Global and Tiger Global Management, according to a person familiar with the matter. The round triples Clubhouse’s valuation from January, in a deal Andreessen Horowitz also led, and comes as rivals Twitter and Spotify roll out their own audio chat features. It...
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Marc Andreessen and Ben Horowitz. Art by Mike Sullivan.
Exclusive Venture Capital Startups
‘These Guys Are Very Different’: Inside Andreessen Horowitz’s Rise
As recently as two years ago, the performance of Andreessen Horowitz’s investments in tech startups were average , despite the firm’s outsize public profile.
An image of Boston Dynamics' 'Stretch' robot. Art by Mike Sullivan
Amazon
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A Didi Chuxing autonomous car on display in 2019. Photo by Bloomberg.
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Coinbase Direct Listing’s Biggest Winners
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Data Point Media/Telecom
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Coinbase signage at the Nasdaq in New York. Photo by Bloomberg.
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