After a tough few months in the markets for Ping Identity, the enterprise identity management company today announced a big move: private equity firm Thoma Bravo is taking the company private for $2.8 billion. The news was announced at the same time that Ping was posting its Q2 earnings. The company posted revenues of $72…
Monthly Archives: August 2022
Employee benefits platform Ben today announced it has raised $16 million in a series A round of funding led by European VC giant Atomico. While salary is undoubtedly the main draw in a company’s compensation offer, additional “perks” can help sweeten the deal for current or would-be employees — this could be anything from gym…
It’s official: Squid Game is still the biggest Netflix series in history. Not even the internet-breaking popularity of Stranger Things season 4 – which became the most popular English-language Netflix show of all time and the first to rack up over one billion viewing hours in its first month of release – could dethrone Hwang…
Ahead of its Galaxy Unpacked event taking place on August 10, Samsung’s executive vice president has teased Galaxy Watches for people with a “passion for the outdoors” and who want to “work towards the best version of themselves.” While it’s not clear if these statements are about the rumored Galaxy Watch 5 specifically, they suggest…
Rep. Peter Meijer at an event in Washington, DC, in August 2021. Scott J. Applewhite/AP Rep. Peter Meijer lost the Republican Party primary for Michigan’s 3rd district. Meijer voted to impeach Trump, and was beaten by a Trump-backed challenger. The result is a victory for Trump, who has worked hard to purge his critics from…
For me, a bad dream is when I forget to hit “send” on Opening Bell. But to get an idea of what a nightmare looks like for the Fed, just take a look at the economy. I’m Phil Rosen, coming to you from Los Angeles. Right now the US is dealing with escalating prices and…
A person walks past a sign for TikTok. Jens Kalaene/picture alliance via Getty Images An ex-TikTok moderator employed by outsourcers Majorel said the job made him feel burned out and depressed. He was paid less than $7 hourly and said he reviewed approximately 1,000 videos per hour. This essay is based on a conversation with…
Overview of an American neighborhood. Getty Images The economy is reeling amid fears of an upcoming recession. As mortgage rates rise and uncertainty spreads, home prices have declined across the country. Home value downturns will escalate in the trendiest hotspots, while other markets will show more resilience. Pandemic home buying hotspots like Sacramento and San…
biden, xi meeting 2011 Lintao Zhang/Getty Images China’s slowing economic growth and supply-chain challenges have impacted the US economy. US-China tensions have risen amid news House Speaker Pelosi will visit Taiwan. These economic and national security challenges could rival international focus on Russia and Ukraine. The US economy is already struggling as new GDP data…
Summer travel chaos has led to long queues at airports. Thomas Banneyer/picture alliance via Getty Images A newlywed couple claims they canceled their honeymoon because of travel disruptions, per The Mirror. After airport delays lead to expensive rebookings, the couple said they decided to cancel the trip. The couple said they had received compensation, but…