Technology
Microsoft bought and shut down this entrepreneur’s app. But now he’s raised money for an unofficial successor
Wunderlist co-founder Christian Reber Pitch German entrepreneur Christian Reber sold his to-do list app Wunderlist to Microsoft in 2015 for a sum that was reported to be between $100 million and $200 million only to watch the U.S. tech giant shut it down four years later. Now he’s just raised funding for a follow-on app […]
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U.S. fintech Plaid taps Booking.com veteran to lead its European expansion
Ripsy Bandourian, head of Europe at Plaid. Plaid LONDON — Financial technology firm Plaid has hired Ripsy Bandourian, a long-time Booking.com executive, to head up its European operations. Bandourian joined Plaid last week and is working out of its Dutch offices in Amsterdam. She’ll be tasked with leading the San Francisco-based start-up’s expansion in continental […]
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Google’s first week back in the office included marching bands, mayor visits and traffic jams
Employees are welcomed back to work with breakfast in the cafeteria at the Chicago Google offices on April 05, 2022 in Chicago, Illinois. Scott Olson | Getty Images Google brought employees back into the office after two years of remote work last week, and the occasion was met with everything from marching bands to visits […]
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The pandemic boom in PC sales is over
Shoppers are deciding to buy a Microsoft laptop at Best Buy in Tampa, Florida, November, 2021. Octavio Jones | Getty Images PC shipments declined sharply in the first quarter of 2022, according to new industry estimates, suggesting that the pandemic boom in PC sales is over. Gartner said on Monday that it estimates that PC […]
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Elon Musk deletes tweets critical of Twitter after weekend barrage
Maja Hitij | Getty Images News | Getty Images Elon Musk went on a tweetstorm over the weekend, lobbing numerous critiques of Twitter. But the Tesla and SpaceX CEO appears to have deleted several of his spiciest takes, as he’s dropped his plan to join the social media company’s board. Musk’s tweets included suggestions on […]
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Warner Bros Discovery’s David Zaslav has charmed the Hollywood elite — now he’ll have to show he can manage them, too
Discovery Communications CEO David Zaslav CNBC Hollywood is about to get a jolt of emotional intelligence. David Zaslav, longtime chief executive officer of Discovery, is now officially CEO of Warner Bros. Discovery — the culmination of a merger announced last May. The newly combined company began trading on the Nasdaq on Monday using its new […]
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Musk backing off Twitter board opens door to hostile takeover
Elon Musk pauses and looks down as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images Billionaire Elon Musk’s reversal of his decision to join Twitter’s board opens the door to a hostile takeover and could […]
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U.S. private equity giant Thoma Bravo acquires SailPoint for $6.9 billion
Mark McClain, Co-founder and CEO of Sailpoint Technologies Holdings rings the opening bell to celebrate his company’s IPO at the New York Stock Exchange (NYSE) in New York, November 17, 2017. Brendan McDermid | Reuters U.S. private equity giant Thoma Bravo has acquired SailPoint in an all-cash deal worth about $6.9 billion, the cybersecurity company […]
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Shopify plans a 10-for-1 stock split, eyes ‘founder share’ to protect CEO’s voting power
The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, Canada, September 28, 2018. Chris Wattie | Reuters Ecommerce start-up Shopify said Monday it is planning a 10-for-1 stock split, while seeking shareholder approval for a “founder share” for its CEO Tobi Lutke to increase his voting power. Upon shareholders’ approval, Shopify will […]
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Twitter shares fall after Elon Musk abandons plan to join board
Musk would have been appointed to Twitter’s board on Saturday, but the world’s richest man informed the company on the day that he would not, in fact, be taking the board seat. Andrew Burton | Getty Images News | Getty Images Twitter shares fell in premarket trading Monday after CEO Parag Agrawal revealed that Elon […]
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