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ATLASSIAN ACQUISITION
Roblox, Reddit and Atlassian stock prices and earnings explain market reaction after forecast changes and AI growth signalsRoblox, Reddit and Atlassian stock prices and earnings explain market reaction after forecast changes and AI growth signals. Roblox shares ...- Oracle layoffs: AI pivot triggers 10,000 job cuts in IndiaOracle has cut around 10,000 jobs in India, sources told ET. This is part of a global restructuring affecting 30,000 employees. The company...
- Freshworks posts first full-year profit; stock hits all-time lowFreshworks reported a $39.7 million profit in the October-December quarter, reversing a $23.8 million loss a year earlier, as rising adopti...
- Freshworks forecasts annual profit below estimates amid AI-driven software worriesWhile businesses are adopting AI-driven software from firms such as Freshworks for IT services, workflow automation and customer support im...
- Nasdaq big crash today: Nasdaq falls over 400 points, wipes out $1.1 trillion as AI stocks tumble — why AI shares are fallingNasdaq big crash today: Nasdaq falls over 400 points as AI stocks tumble. The Nasdaq Composite crashed 422.49 points today. This 1.79% drop...
- Apple loses Safari lead designer to Browser Company, the firm behind AI browsers Arc & DiaApple's senior leadership continues to see significant departures, with its lead Safari designer, Marco Triverio, joining The Browser Compa...
- Worth more than the GDP of 100+ nations, Atlassian acquires The Browser Company for $610 millionAtlassian acquires The Browser Company for $610 million cash, entering AI browser market with Dia workspace browser to compete against Micr...
- Atlassian bets on AI browsers with $610 million deal for The Browser CompanyAtlassian will acquire The Browser Company for $610 million, expanding into AI-driven browsers. The deal, funded from cash reserves, closes...
- Vinay Hiremath sold his startup for $975 million—Now he’s studying physics like a college kid and looking for internshipsVinay Hiremath, co-founder of Loom, sold his startup to Atlassian for nearly $1 billion in 2023. Despite walking away with an estimated $50...
- I am rich, have no idea what to do…: Indian-origin founder after selling company for $975 millionVinay Hiremath, cofounder of Loom, reflects on his life after selling Loom to Atlassian for $975 million in 2023. He faced insecurities and...
- Canva is leveraging its Facebook India communities to build deeper inroadsIndia is Canva’s fifth-largest market with around 139 million presentations created in the last one year and tools like the photo backgroun...
- Sydney-headquartered Atlassian will pursue M&A as a growth model: CEOAtlassian acquired video messaging startup Loom late last year from Indian origin duo Vinay Hiremath and Shahed Khan. Company's global CEO ...
- Atlassian agrees to buy video messaging provider Loom for nearly $1 billionThe deal is expected to close in the third quarter of its fiscal year 2024 and will be funded with existing cash balances, Atlassian said.
- Indian tech firms have bigger problems than the FedManaged tightly from headquarters in Mumbai or Bengaluru, Indian IT firms still have a strong labor-cost advantage when it comes to large-s...
- Going Public on our horizon: Chargebee's Krish SubramanianSubramanian is one of the four cofounders of the San-Francisco headquartered company which belongs in the crop of VC-backed decade-old Indi...
- Tech M&A boom may have to wait for a steeper selloffSure, behemoths Apple, Microsoft, Amazon and Alphabet are sitting on more than $100 billion in cash and equivalents and buyers also have ac...
- Freshworks surpasses $300 million in ARR, grows business by 40%During 2020, the company unveiled Freshworks CRM, a single solution that unifies the customer journey with out-of-the-box capabilities and ...
- What gloom? It is raining jobs at India’s leading non-IIT engineering colleges tooCampuses say they had planned for a dip in some recruiter numbers and invited 15-20 per cent more companies on an average. Other strategies...
- Accel tells startups to cut disdain for traditional companiesLast year, tech companies cut their spending on venture-backed startups to $18.3 billion, while non-tech companies spent $17.6 billion on v...
- With Navilytics acquisition, Wingify to assemble crucial piece of marketing technologyWingify, one of the most successful enterprise software makers in India, has acquired US-based Navilytics, a visitor analytics solution, fo...
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