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Atlassian is cutting 500 jobs, about 5% of its workforce; filing: the company will incur about $70M to $75M in restructuring costs through the end of June (Brody Ford/Bloomberg)

[ad_1] Brody Ford / Bloomberg: Atlassian is cutting 500 jobs, about 5% of its workforce; filing: the company will incur…

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Technology

Zoom reports Q4 revenue up 4% YoY to $1.12B, vs. $1.1B est., Enterprise revenue up 18% YoY to $636.1M, Enterprise customers up 12% YoY to ~213K; ZM jumps 6%+ (Brody Ford/Bloomberg)

[ad_1] Brody Ford / Bloomberg: Zoom reports Q4 revenue up 4% YoY to $1.12B, vs. $1.1B est., Enterprise revenue up…

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Technology

Dell plans to eliminate roughly 6,500+ jobs, or about 5% of its workforce, amid plunging PC sales (Brody Ford/Bloomberg)

[ad_1] Dell plans to eliminate roughly 6,500+ jobs, or about 5% of its workforce, amid plunging PC sales  —  Dell…

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HP reports Q4 revenue down 11.2% YoY to $14.8B and Personal Systems revenue down 13% YoY to $10.3B, and forecasts a 10% drop in PC sales in FY 2023 (Brody Ford/Bloomberg)

[ad_1] Brody Ford / Bloomberg: HP reports Q4 revenue down 11.2% YoY to $14.8B and Personal Systems revenue down 13%…

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Technology

Dell agrees to pay $1B to settle a shareholder lawsuit over a $23.9B stock conversion in 2018; investors alleged the transaction was billions below market value (Brody Ford/Bloomberg)

[ad_1] Brody Ford / Bloomberg: Dell agrees to pay $1B to settle a shareholder lawsuit over a $23.9B stock conversion…

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Technology

Adobe's Scott Belsky says the company plans to integrate Figma without changing its pricing or UI, add support for other Adobe tools, and more (Brody Ford/Bloomberg)

[ad_1] Brody Ford / Bloomberg: Adobe’s Scott Belsky says the company plans to integrate Figma without changing its pricing or…

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Technology

Salesforce unveils Net Zero Marketplace that aggregates offset providers and rating agencies for carbon credit purchases, launching in October in the US (Brody Ford/Bloomberg)

[ad_1] Brody Ford / Bloomberg: Salesforce unveils Net Zero Marketplace that aggregates offset providers and rating agencies for carbon credit…

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Technology

Oracle reports Q1 revenue up 18% YoY to $11.4B; total cloud revenue was up 45% YoY to $3.6B, and health data provider Cerner, acquired in June, generated $1.4B (Brody Ford/Bloomberg)

[ad_1] Brody Ford / Bloomberg: Oracle reports Q1 revenue up 18% YoY to $11.4B; total cloud revenue was up 45%…

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Technology

DocuSign reports Q2 revenue up 22% YoY to $622.2M, vs. $602.7M est., and a full-year billings forecast of $2.55B to $2.57B, vs. $2.53B est.; stock jumps 18%+ (Brody Ford/Bloomberg)

[ad_1] Brody Ford / Bloomberg: DocuSign reports Q2 revenue up 22% YoY to $622.2M, vs. $602.7M est., and a full-year…

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Technology

DigitalOcean plans to acquire web hosting company Cloudways for $350M in cash; around half of Cloudways' clients already use DigitalOcean (Brody Ford/Bloomberg)

[ad_1] Brody Ford / Bloomberg: DigitalOcean plans to acquire web hosting company Cloudways for $350M in cash; around half of…

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