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#adam neumann.
Why tech companies like Tesla and Oracle moving their HQs to Texas?
California state taxes are among the highest in the nation.
Oracle and Tesla have announced they will be moving their headquarters to Texas from the Silicon Valley area in California in light of recent events. HPE, the subsidiary of a…
Lyft’s business is gradually recovering from the effects of Covid-19
An increase of 47% in revenue from Q2 of 2020 but still a downfall of 44% from Q3 …
Lyft released its financial results for the third quarter of 2020 on Tuesday, beating analyst’s expectations. Recovery has been observed in the San Francisco-based ride-hailing company’s sales from pre-pandemic days,…
Elon Musk qualifies for an unprecedented $2.1 billion stocks
His second big pay award since May.
Elon Musk, the CEO of Tesla, successfully made it to unprecedented heights by qualifying for $2.1 billion in stocks. As the company decided to lower the price of the Tesla…
VMWare acquiring network security firm Lastline
Lastline acquisition will further increase VMWare's Carbon Black Threat Analysis Unit capabilities.
VMware, a well known American publicly traded software company, has announced its intent to acquire Lastline, an anti-malware cybersecurity company, for research and to yield innovative security capabilities. The deal…
Snap announces the third cohort of Yellow Accelerator Program
Yellow, a program for entrepreneurs working on content creation and tech.
Snap Inc, the parent company of Snapchat, has launched the third cohort of its Yellow accelerator program. The program, debuted in 2018, was started to bring in creative minds and…
Apple’s stock predicted to shoot up by $100 in 2020, venture capitalist Gene Munster says
The company has seen 2019 its strongest year in a decade.
Apple’s stock market worth will have a significant rise in 2020, a groundbreaking prediction made by the tech analyst and venture capitalist Gene Munster . According to Munster, the prediction…
WeWork’s CTO is leaving the company
Another WeWork day!
WeWork’s Chief Technology Officer Shiva Rajaraman has decided to step aside from his designation. He will remain in office for three months transition period, reported by Business Insider . Shiva…
Asana, founded by Facebook co-founder, may go public next year
Asana has crossed $100 million in annual recurring revenue.
Asana, a team management app founded in 2008, is planning a direct listing as it aims to go public next year, according to a report by Miles Kruppa on Financial…
$4 billion cash acquisition deal between PayPal and Honey
PayPal to acquire the shopping and rewards platform Honey.
Online payments and money transfer platform PayPal Holdings, Inc has made an agreement with Honey Science Corp, a company that owned Chrome extension honey which helps find the best deals,…
WeWork’s Chairman Marcelo Claure terminates 13 people for abusing vendor policies
Former Sprint CEO Marcelo Claure became the Executive Chairman after SoftBank takeover over 80% of WeWork.
WeWork’s Marcelo Claure – the chairman, has sent a memo to employees that states the company has investigated policy abuse and fired 13 employees. Mr. Laure has further mentioned that…