News for nerds
Software firm Dye & Durham Ltd. is weighing walking away from pursuing Australian data-services outfit Link Administration Holdings Ltd., according to people familiar with the matter, potentially ending a deal …
Dye & Durham Mulls Walking Away From Link Deal Read More
Wefox, an insurance-technology firm founded by former Groupon Inc. and Deutsche Bank AG staff, raised $400 million in a funding round that values the company at $4.5 billion. That’s a …
Wefox Sees Valuation Jump 50% to $4.5 Billion in Funding Round Read More
Microsoft Corp. cut some jobs on Monday as it realigned business groups and roles after the close of its fiscal year on June 30. It said it plans to keep …
Microsoft Cuts Jobs in Structural Adjustment, Plans More Hiring Read More
Executives of Walmart Inc., Delta Air Lines Inc., Wells Fargo & Co. and Amazon.com Inc. are among more than 500 who have joined an effort by Code.org urging governors and …
Delta, Amazon, Wells Fargo Join Effort to Push for More US Computer Education Read More
Cathay Innovation, a venture capital group backed by consumer conglomerate Unilever Plc and energy giant TotalEnergies SE, is raising 1 billion euros ($1 billion) to back tech startups. The venture …
Unilever-Backed Venture Firm Cathay Raising 1 Billion-Euro Fund Read More
Sinch AB shares plunged for a second day, earlier erasing as much as $1.3 billion of market value, as the Swedish cloud-based platform provider warned that a “reassessment” of certain …
Sinch Plunge Wipes Out $1.3 Billion After Profit Warning Read More
Europe’s biggest value-oriented fund recently bought its first technology stock. During a brutal equity selloff in the first half, and with technology stocks particularly hard hit amid rate hikes, semiconductor …
A Cheap Tech Stock Made the Cut for Europe’s Biggest Value Fund Read More