Category: oracle
Tradeshift cuts headcount by three figures in effort to turn towards profitability
Last month, Tradeshift, a platform for supply chain payments that has achieved unicorn status in recent years, had some good news and some bad news. It announced a Series F funding round of $240 million in equity and debt, raised from a combination of existing and new investors. It’s now…
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Tesla is going back to the markets to raise more than $2B through stock offering
Tesla said Thursday it plans to raise more than $2 billion through a common stock offering and will use the funds to strengthen its balance sheet and for general corporate purposes, despite signaling just two weeks ago that it would not seek to raise more cash. Tesla CEO Elon Musk…
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The CIA wants to upgrade its cloud tech without DoD’s JEDI drama
The CIA is ready to update its cloud technology, and multiple reports this week indicated that the agency has begun a multi-billion procurement process. A CIA spokesperson was tight-lipped when asked to confirm. That could be because an agency used to working in secret, simply wants to avoid all the…
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