Tag Archives: finance

Interoute Said to Hire Advisers to Explore $2 Billion Sale

Interoute Communications Ltd, a pan-European fiber carrier and cloud-services operator controlled by the Sandoz Family Foundation, has hired financial advisers to evaluate a sale. Continue reading

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Shopify CEO Rejects Short Seller Criticism, Calls Citron a Troll

Shopify Inc. Chief Executive Officer Tobi Lutke called a short seller that targeted his company a “troll,” in his first public response since being targeted by Andrew Left’s Citron Research last week. Continue reading

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GitLab Raises $20M in Series C Funding to Build Complete DevOps Solution

GitLab has raised $20 million in Series C funding and added WordPress founder Matt Mullenweg to its board of directors, according to a Monday announcement. Continue reading

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Data Center Provider Switch Raises $531M in IPO

With market value of $4.2 billion, the deal is year’s second-largest tech IPO. Continue reading

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Shopify Tumbles as Citron Calls Company ‘Get-Rich-Quick Scheme’

Shopify Inc. tumbled as much as 10 percent, the most in 11 months, after short-seller Citron Research issued a stinging rebuke of the Canadian e-commerce company, calling it a “get-rich-quick scheme.” Continue reading

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