Page 2594 – SiliconANGLE

Policy

In its first rulings, Facebook’s Oversight Board overturns four of five cases

By James Farrell Jan 28, 2021

Facebook Inc.’s Oversight Board has ruled that four of five cases where Facebook had taken down content should be reversed. Almost a year ago to the day, Facebook announced that it would soon start…

Blockchain

Coinbase announces it plans to go public via a direct listing

By Duncan Riley Jan 28, 2021

Cryptocurrency exchange Coinbase Global Inc. today announced that it plans to go public via a direct listing some six weeks after disclosing that it has filed its initial public offering paperwork with the U.S. Securities…

Apps

Facebook reportedly preparing to file antitrust suit against Apple

By Duncan Riley Jan 28, 2021

Facebook Inc. is preparing to file an antitrust lawsuit against Apple Inc. for alleged anticompetitive behavior, according to a report today by The Information. The report, which cites anonymous sources, said the antitrust lawsuit, should it…

Cloud

Salesforce cloud backup startup OwnBackup raises $167.5M on $1.4B valuation

By Duncan Riley Jan 28, 2021

Cloud backup startup OwnBackup Ltd., a firm centered on Salesforce.com Inc.’s platform, today said it has raised $167.5 million in new funding to support ongoing investments in global expansion and extend its platform to help…

Apps

Under fire for suspending trading on some stocks amid buying frenzy, Robinhood raises $1B+

By Duncan Riley Jan 28, 2021

Robinhood Market Inc. is under fire after it blocked trading on Gamestop Corp. and other stocks being traded by Reddit users, in an effort to ease a strain on its own finances, but it…

Infra

Western Digital’s stock jumps on strong earnings results

By Mike Wheatley Jan 28, 2021

Western Digital Corp. today posted second-quarter financial results that beat expectations, with revenue from hard drive sales hitting a three-year high, it said today. The company reported a profit before certain costs such as stock compensation…

Cloud

Atlassian smashes earnings targets as it shifts to the cloud

By Mike Wheatley Jan 28, 2021

Enterprise productivity software company Atlassian Corp. Plc. posted strong second-quarter financial results today, easily beating expectations thanks to a surge in demand for its products. The results come at a delicate time for Atlassian,…

Infra

Juniper’s stock slips on weak guidance despite earnings beat

By Mike Wheatley Jan 28, 2021

Computer network equipment maker Juniper Networks Inc. delivered strong fourth-quarter financial results today with both profits and sales that beat Wall Street’s expectations. The company reported a profit before certain costs such as stock compensation…

Cloud

Workday to acquire workforce analytics provider Peakon for $700M

By Maria Deutscher Jan 28, 2021

Workday Inc. today announced plans to acquire Peakon ApS, a Copenhagen-based startup with a cloud service for collecting employee feedback. The deal is an all-cash transaction valued at about $700 million. Workday expects to…

Cloud

Qualtrics’ market capitalization soars after $1.5B+ IPO

By Maria Deutscher Jan 28, 2021

Qualtrics International Inc.’s shares jumped more than 45% in their trading debut today after the company sold about 51.7 million shares in an initial public offering on Thursday night, raising north of $1.5 billion.…

all stories

In its first rulings, Facebook’s Oversight Board overturns four of five cases

Coinbase announces it plans to go public via a direct listing

Facebook reportedly preparing to file antitrust suit against Apple

Under fire for suspending trading on some stocks amid buying frenzy, Robinhood raises $1B+

Western Digital’s stock jumps on strong earnings results

Qualtrics’ market capitalization soars after $1.5B+ IPO

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