Recent Posts

Canada is luring technology talent away from US with fast-track visa

Bloomberg A Canadian program designed to speed up the hiring of foreign talent is attracting thousands of tech workers and other skilled employees, many of whom are unhappy with restrictive US immigration policies. The Global Skills Strategy, which came into effect two years ago, has attracted about 24,000 people over the past two years, according to government figures. The program ...

Read More »

‘New entrants threaten Uber profit in London’

Bloomberg New entrants to the London ride-hailing market could potentially pose a risk to one of Uber Technologies Inc.’s most profitable markets, according to analysts at Morgan Stanley. Every 400 basis point change in UK rideshare adjusted net revenue would result in a $100 million hit to Uber’s 2020 profit, analysts led by Brian Nowak wrote in a note. The ...

Read More »

CrowdStrike soars in trading debut raising $612mn

Bloomberg Software maker CrowdStrike Holdings Inc. soared in its trading debut after raising $612 million in one of the biggest-ever initial public offerings for a cybersecurity company. Shares opened at $63.50 in New York and rose as much as 97 percent from their IPO price to $67. The stock closed up 71 percent to $58. That valued the company at ...

Read More »
Send this to a friend