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How Atlassian's Dual-CEO Structure Has Helped the Australian Software Company Thrive
Atlassian’s market cap has soared since the company’s 2015 IPO, led by the co-CEOs who started the company two decades ago.
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Federal Judge Approves Activision Blizzard Sexual Harassment Settlement
A fund will provide relief to victims who endured alleged harassment, pregnancy discrimination and related retaliation at Activision Blizzard since 2016.
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Pentagon Expects to Award Up to $9 Billion in Cloud Contracts in December
The Defense Department wants to go in a new direction and use multiple cloud providers, rather than just one, after the JEDI contract went sideways.
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SEC Charges Twilio Engineers With Insider Trading During Early Days of Pandemic
Three Twilio software engineers, who had access to customer usage databases, passed confidential information along to friends and family members.
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Huawei Posts First-Ever Yearly Revenue Decline as U.S. Sanctions Continue to Bite, But Profit Surges
Huawei’s business has been hurt by U.S. sanctions, which have sought to cut it off from key software and components like semiconductors.
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Authentication Firm Okta Says It Has Found No Evidence of New Attack After Hackers Claim Breach
Hacking group Lapsus$ posted screenshots on its Telegram channel claiming it had access to a number of Okta systems.
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Russia Is Exploring Options for Cyberattacks, and Companies Must Be Ready, Says Biden
One U.S. official, Anne Neuberger, said Monday that the federal government had seen some preparatory activity, but she declined to name industries most at risk.
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Activist Investors Take Aim at Cloud Software After Market Swoon
Everbridge and Anaplan were both notified this week by activist investors who have taken significant stakes in the companies.
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Didi's 44% Stock Plunge Leaves SoftBank and Uber With Diminishing Returns
SoftBank and Uber have seen their Didi shares plummet in value already, and now they’re sinking further on a potential threat from Chinese regulators.
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Oracle Misses on Earnings as Investments Drag Down Quarterly Profit
Investments in a gene-sequencing company and a server chip maker cut into Oracle’s earnings, which missed analysts’ expectations.
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Alphabet CFO Explains Reasoning Behind $5.4 Billion Mandiant Acquisition
Alphabet’s finance chief noted that the $5.4 billion cybersecurity acquisition will help compete against larger-scaled competitors
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Microsoft CFO Amy Hood Says Pandemic Showed the Importance of Windows
The 37-year-old Windows business is showing accelerating growth as people spend more time streaming, playing games and talking on video-calling apps on PCs.
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Some Tech Stocks Are Down 75% From Their Highs Last Year — These Are Among the Biggest Losers
Since many high-growth tech stocks peaked late last year, investors have hit the exits, sending one-time darlings into a tailspin.
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Activision CEO Bobby Kotick Will Leave Coca-Cola's Board Before Microsoft Deal Closes
Activision agreed in January to be bought by Microsoft in a deal valued at almost $69 billion.
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Facebook Says 2021 ‘Polar Vortex' Sapped 1% Off Net Income Thanks to Higher Energy Costs
A bout of extreme cold last winter saddled Meta Platforms with additional energy costs, the company told federal regulators in a filing made public last week.
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Snowflake Plunges Almost 30% on Slowing Revenue Growth
Snowflake shares plummeted in extended trading after the company’s earnings report.
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Salesforce Reports Better-Than-Expected Earnings and Revenue, Issues Upbeat Guidance
Salesforce beat on the top and bottom lines in its fiscal fourth-quarter earnings report.
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Zoom Provides Disappointing Revenue Forecast for First Quarter and Full Year
Zoom’s revenue growth is continuing to slow after its business surged during the first year of the Covid-19 pandemic.
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Microsoft Says It Informed the Ukrainian Government About Cyberattacks
It’s not immediately clear who has been attacking civilian and military targets in Ukraine, although Russia has been the main military aggressor in recent days.
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China's Huawei Launches a Rival to the Amazon Kindle in Bid to Revive Struggling Consumer Business
Huawei launched a slew of products as the Chinese giant looks to inject life into its consumer business that has been hurt by U.S. sanctions.