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Technology

Cloudflare reports Q4 revenue up 42% YoY to $274.7M, vs. $274.1M est., and FY 2023 revenue guidance between $1.33B and $1.34B, vs. $1.31B est.; NET jumps 9%+ (Reinhardt Krause/Investor's Business …)

[ad_1] Reinhardt Krause / Investor’s Business Daily: Cloudflare reports Q4 revenue up 42% YoY to $274.7M, vs. $274.1M est., and…

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Technology

Plaid lays off approximately 260 employees, or 20% of its workforce, citing macroeconomic conditions; the company was valued at ~$13.4B in April 2021 (Mary Ann Azevedo/TechCrunch)

[ad_1] Mary Ann Azevedo / TechCrunch: Plaid lays off approximately 260 employees, or 20% of its workforce, citing macroeconomic conditions;…

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Technology

Shopify reports Q3 revenue rose 22% YoY to $1.4B, above $1.34B estimates, and GMV grew 11% YoY to $46.2B; shares jump 7%+ (Nivedita Balu/Reuters)

[ad_1] Nivedita Balu / Reuters: Shopify reports Q3 revenue rose 22% YoY to $1.4B, above $1.34B estimates, and GMV grew…

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Technology

European venture capital funding totaled $16B in Q3, down 44% YoY and 35% QoQ, the lowest level since $13.4B in Q4 2020; $8.6B went to late-stage startups (Gené Teare/Crunchbase News)

[ad_1] Gené Teare / Crunchbase News: European venture capital funding totaled $16B in Q3, down 44% YoY and 35% QoQ,…

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