Canva launches employee stock sale at $42bn valuation
Australian graphic design platform Canva has initiated an employee stock sale valuing the company at $42 billion, according to a Bloomberg report…
Tech
HR company Workday confirms data breach affecting third-party database
One of the world’s largest providers of human resources technology, Workday, has confirmed a data breach that exposed personal information from a…
Grammarly unveils new AI-powered document interface
Grammarly has rolled out a new document-based interface built on technology from Coda, the productivity startup it acquired last year. The redesigned…
Duolingo CEO defends ‘AI-First’ strategy, says memo misunderstood
Duolingo Chief Executive Officer Luis von Ahn has sought to clarify remarks that sparked criticism earlier this year, insisting that the company’s…
Figma makes blockbuster NYSE debut, raises $47bn market cap
Design software company Figma made a triumphant debut on the New York Stock Exchange on Thursday, ending years of anticipation with a…
Figma targets $16.4bn valuation in NYSE debut
Figma is seeking a fully diluted valuation of up to $16.4 billion in its initial public offering, as the collaborative design software…
US Tech CEO suspended after ‘cheating’ with HR at Coldplay concert
A U.S. tech executive has been suspended after a viral video from a Coldplay concert stirred controversy and allegations of misconduct. Andy…
Coldplay: Tech CEO caught cheating with HR apologizes to family
The CEO of tech firm Astronomer, Andy Byron, is under fire after being caught in a compromising situation with a senior HR…
Substack raises $100m in new funding round, valued at $1.1bn
Newsletter platform Substack has secured $100 million in a Series C funding round, bringing its valuation to $1.1 billion, the company announced…
IBM launches power-efficient Power11 chips to simplify AI use
IBM on Tuesday launched a new generation of data center chips and servers designed to enhance energy efficiency and make artificial intelligence…
Substack expands video tools, adds livestream clip sharing
Substack, the platform known for powering the newsletter economy, is doubling down on video with a fresh set of tools designed to…
Grammarly acquires Superhuman to bolster AI-powered productivity suite
Writing assistant platform Grammarly has acquired Superhuman, a high-performance email tool, as part of its strategic push to expand into artificial intelligence-powered…