tech-industry-news
Latest stories covering tech-industry-news, with summaries and links to related coverage.
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SpaceX, Other Mega IPOs Denied Fast Index Entry by S&P
news
1 min read
S&P Dow Jones Indices will maintain its 12-month seasoning period for newly public companies, denying fast entry for major IPOs like SpaceX. This decision will delay billions of dollars in investments from passive funds.
Pinterest CEO fires 'obstructionist' employees who created tool to track layoffs
3 min read
Pinterest CEO Bill Ready fired employees who developed an internal tool to track layoffs, labeling their actions as "obstructionist." The company announced plans to lay off less than 15% of its workforce and reduce office space.