Dutch file-sharing service WeTransfer has abruptly canceled its IPO in Amsterdam, with its chief executive officer citing turbulent public markets for the decision. WeTransfer had planned to go public this week, seeking a valuation of up to $810 million, before announcing on Thursday the IPO would not go ahead. In a statement, WeTransfer’s CEO blamed “volatile market conditions” for ditching...
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SpaceX, Klaviyo, LLMs: Highlight Stories From This Week
This week we were treated to not one but two big tech IPOs! Plus, two tech juggernauts—Amazon and Microsoft—held big, flashy product launch events. Through it all, The Information’s newsroom pumped out a string of scoops, analyses and meaty newsletters.
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