Walmart-Backed Flipkart Readies Mumbai IPO
Flipkart, one of India’s biggest eCommerce platforms, is preparing for a potential initial public offering (IPO) in Mumbai that could take place this year or early next year, Bloomberg reported Wedn...
Stitch Fix Clients Seek New Sizes as GLP-1 Use Climbs
Stitch Fix used its fiscal second-quarter earnings call to highlight how artificial intelligence and data-driven personalization are reshaping the way consumers discover and purchase apparel on its pl...
Nvidia Sprays the Cash; FCC Chair’s SpaceX Defense
If you’re in need of a billion or two in cash, why not hit up Jensen Huang? The Nvidia CEO has plenty of money to spare, particularly if you’re in business with him in some way. Nvidia’s announc...
Atlassian Lays Off 10% of Staff, CEO Plans More Investment in AI
Atlassian, which sells software that lets developers and other business teams collaborate on projects, is laying off around 1,600 employees, or around 10% of its staff, CEO Mike Cannon-Brookes announ...
Zendesk Acquiring AI Customer Service Startup Forethought
AI customer service software provider Zendesk is acquiring Forethought, a nine-year-old startup that is one of its industry partners and competitors, for an undisclosed sum. The deal shows how larger ...