Technology

Legal

Judge Gives WeChat Reprieve From U.S. Shutdown

WeChat users who sued the Trump administration had “shown serious questions going to the merits of their First Amendment claim," the court said.

Matthew Heller
September 21, 2020
Cybersecurity

Chinese Nationals Charged With Hacking Attacks

“The United States government is starting to turn the tide on Chinese intrusion operations on Western companies and targets."
Applications

Unity Software Raises Pricing for $1B IPO

In an unusual move, the company's upper management, rather than its investment bankers, will determine the actual price, using an online bidding system. 
The Cloud

Snowflake Prices IPO Above Indicated Range to Raise $3.4B

The cloud data warehousing company raised the largest IPO ever for a U.S. software company.
Analytics

Apple, Google, Dropbox Face Italy Antitrust Probes

Italy’s competition authority is looking into the companies’ cloud storage services after complaints about allegedly unfair commercial practices.
The Cloud

Zoom Revenue Soars on Remote Work Boom

“Organizations are shifting ... to supporting a future of working anywhere, learning anywhere, and connecting anywhere on Zoom's video-first platform."
Applications

KKR Sells Epicor Software to CD&R for $4.7B

CD&R has “significant experience investing in the industrial sector, from which most of Epicor’s customer base hails."
IPO
The Cloud

Snowflake Sets Terms for $2.7B Public Offering

Investments by Salesforce and Berkshire Hathaway could provide the data warehouse startup with more than $800 million in additional capital.
Mobile

Nio Trades Down After Upsized Equity Offering Prices at Discount

With the offering, the Chinese electric vehicle company expects its cash reserves to exceed $2.9 billion.
The Cloud

Zoom Outage Disrupts Monday Morning Meetings and Classes

Videoconferencing system's widespread outage demonstrates the fragility of the remote work and learn models.
Risk Management

Don’t Let COVID-19 Kill Your Deal

Tech startups eager to complete M&A and venturing financings during the pandemic will want to follow these best practices.
Applications

Airbnb Submits Draft Paperwork for Long-Rumored IPO

The company’s plans to go public come at a time when its home rental business has been hit hard by the coronavirus pandemic.
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