Domo insiders say that CEO Josh James faced a sharp backlash, and eventually apologized, after telling a story at an all-hands meeting that made many people feel uncomfortable. Domo insiders tell Business Insider that women don’t always feel like they can advance at Domo. Domo told Business Insider that James cares deeply about creating a […]
A studio insider explains why Hollywood’s arch enemy, Google, is about to win big business in hostile territory (GOOG, GOOGL)
Next month, Google Cloud is launching a new region in Los Angeles, the company said this week. Google, Amazon and Microsoft are competing for a potentially new lucrative source of business, the scores of production companies, film and animation studios in the area. One of the reasons the film and TV industries are eager […]
The cybersecurity startup Tenable filed to go public on Friday. The startup was last valued at $550 million in 2015, when it raised a $250 million mega-funding round led by Insight Venture Partners and Accel. The company plans to list on the NASDAQ under the ticker “TENB.” Business may slow in summer, but the IPO […]
A scooter company is turning to cryptocurrency to raise $125 million instead of getting traditional investors
Scooter startup Spin is said to be looking to raise money with its own cryptocurrency via a Secure Token Offering, widely seen as a safer alternative to an Initial Coin Offering. Spin tokens will be backed by actual financial instruments, which in this case is Spin’s revenue. The report comes a day after rival startup […]
The essential question about Apple’s investments in original video programming is a question of distribution, writes Ben Schachter of Macquarie. Will Apple restrict its video properties to the iPhone or pursue distribution more broadly?
It was another news-heavy week for tech, with the threat of an escalating trade war with China, a favorable SCOTUS decision on antitrust law, more IPOs, an ongoing exodus from Silicon Valley, and major ad changes at Facebook and Twitter.
Oracle changed the way it reports revenue a day after announcing its annual results and analysts say there has been ‘confusion’ (ORCL)
Oracle lost $1 off its price target from at least one investor on Friday after changes to how the company reports revenues wrecked havoc with Wall Streets estimates. The new standards, known as ASC 606, impact all public companies in the US. The current quarter will be Oracle’s first earnings using the updated standards. But […]
A consultancy that has been spot-on about how far crypto markets would tank expects bitcoin to tank even further
Research firm Quinlan & Associates’ call that crypto markets would tank in 2018 has been spot on. If Quinlan continue to be right, then things will only get worse for bitcoin. At the beginning of the year, consultancy Quinlan & Associates made a call that the bitcoin markets would tank in 2018. And so, […]
The biggest difference between China and the US today explains why China is taking over the global economy
China has outpaced the US economically, according to a number of economic metrics. A Chinese professor who has lived in both the US and China believes there is a core cultural difference leading to the country’s diverging paths. He believes Chinese people are fixated on economic advancement and business, while Americans are more focused on […]
Gen Zs never watch TV, are stressed about Snapchat, and are concerned that technology has ruined their mental health — here’s what it’s REALLY like to be a teen in 2018
Generation Z is the most ethnically-diverse and largest generation in American history. They’re often cast as anti-social, technology-addicted, or “social justice warriors.” From talking to 104 teenagers nationwide, Business Insider discovered what makes today’s teens stressed out, happy, curious, and connected. Generation Z is the most ethnically-diverse and largest generation in American history. And they’re […]