Shopify shares surged more than 12% on Wednesday after the e-commerce software provider raised prices for its subscription plans. The roughly 30% price hike, which is in effect for new merchants, will take effect for existing merchants on April 23, but current sellers who switch from monthly to yearly subscriptions will be able to lock in their current prices. Shopify had kept prices “largely...
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‘We Just Have to Keep Winning’: A Sonos Executive With a Colorful History Goes to War Against Google

A few months into his job as chief legal officer of Sonos, Eddie Lazarus was ready to wage war. When Lazarus joined the audio hardware company in late 2018, it was facing growing competition from tech giants like Amazon and Google. Both companies were selling cheap speakers capable of multiroom audio playback, a feature Sonos had pioneered on its devices more than a decade earlier. Sonos...
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