Zoom Video Communications Inc. ZM -7.85% Founder Eric Yuan transferred about 40% of his ownership in the company he runs, a stake valued at about $ 6 billion, after Zoom shares tripled …
Read More »China-backed hackers target Microsoft. The number of victims in thousands.
Text size Microsoft has not commented on the extent of the attacks. Drew Angerer / Getty Images Microsoft‘s Exchange email servers have been hit by a devastating attack that could eventually turn …
Read More »Cathie Wood’s ARK face test as tech rally cools
The stock market’s rapid turn against technology and other growth stocks has presented star stock picker Cathie Wood and her firm, ARK Investment Management LLC, the toughest test yet. The firm’s five …
Read More »A social network without ads? Discord defies convention
Chat startup Discord Inc. has gained massive popularity with skyrocketing revenue and high valuation despite lacking the one thing found on the most successful social media platforms: advertising. Your CEO says don’t …
Read More »What’s better than slack? These companies have some ideas.
When Becky Kane began interning at a productivity software company in 2014, she experienced a rite of passage in the workplace: drowning in Slack messages. The company, Doist, had always been largely …
Read More »Technological actions escape the territory of correction
Text size The Nasdaq Composite is down 4% this week. Dream time Tech stocks briefly touched “correction” territory on Friday, as the recent drop in the Nasdaq Composite extended beyond 10%. At …
Read More »India threatens jail time for Facebook, WhatsApp and Twitter employees
The Indian government has threatened to jail Facebook employees Inc., full board 1.18% your WhatsApp and Twitter drive Inc. TWTR -0.44% as he seeks to quell political protests and gain far-reaching powers …
Read More »Texas chooses not to fix $ 16 billion power surge
The Texas Public Utilities Commission said Friday that it did not intend to reverse $ 16 billion in electrical surcharges that an independent market monitor had noted as a result of week-long …
Read More »The US included Xiaomi on China’s blacklist due to the award given to its founder
HONG KONG: US officials blacklisted Chinese smartphone giant Xiaomi Corp. 1810 -3.74% as a company with military ties in part because of an award given to the company’s founder for his service …
Read More »Hippo, an insurance startup, to go public in a $ 5 billion merger with SPAC
Home Insurance Tech Upstart Hippo Enterprises Inc. is Partnering with a Special Purpose Acquisition Company to Go Public, The Latest Insurance Technology Business to Take Advantage of Equity Markets and Challenge Traditional …
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