Amazon secures $8B loan, anticipating market headwinds

Amazon has secured an $8 billion loan in anticipation of market headwinds. Provided by DBS Bank, Mizuho Bank and others, the loan — which will mature in 364 days (January 3, 2024), with an option to extend for another 364 days — will be used for “general corporate purposes,”

Product-led growth and profitability: What’s going on?

Among public tech companies, “product-led growth (PLG) companies — those who educate and convert buyers with product rather than sales and marketing (SLG) — operate at about 5% to 10% less profitability than sales-led motions,” venture capitalist Tomasz Tunguz highlighted in a blog

Inside Matrix, the protocol that might finally make messaging apps interoperable

Interoperability and decentralization have been major themes in tech this year, driven in large part by mounting regulation, societal and industrial pressure and the hype trains that are crypto and web3. That rising tide is lifting other boats, such as an open standards-based communication protocol

5 tips for dealing with Day 2 Kubernetes operational challenges

Kubernetes is a wonderful but complex software that can present significant “Day Two” challenges when put into production. Developers who are new to Kubernetes — and most are — face a large knowledge gap when they look to sustain and optimize Kubernetes clusters. In

Private equity dominated the top 10 enterprise M&A deals in 2022

It was a funny year in enterprise tech M&A, one in which the majority of activity came from private equity firms: As tech stock values plunged throughout the year, these companies went bargain hunting. They saw companies with lots of upside being vastly undervalued in the brutal market conditio

Alibaba CEO to oversee cloud arm following major server outage

When Alibaba’s former CEO Jack Ma passed the torch to Daniel Zhang, he established a system that regularly rotates executives to ensure the company always stays agile in the fast-changing internet space. It’s time for this year’s reshuffle — the e-commerce and cloud computin

While Amazon had a rocky year, AWS remains a reliable cash cow

Back in March 2020, when the world shut down, Amazon became the world's go-to online store. When people couldn't leave their homes, it became imperative to have goods come to them, and Amazon thrived. Money poured into its coffers, its stock price skyrocketed, and it hired like crazy and bu

Holiday shipping is easier this year, but the tech is still lagging

Compared to last year's holiday season, major maritime trade routes are operating relatively smoothly, while shipping rates are returning to Earth and ports are moving cargo at a steady clip. Now that’s all good news for businesses and consumers worried about inflation and talk of recessi

Avoid 3 common sales mistakes startups make during a downturn

More than 150,000 workers lost their jobs this year as layoffs swept across the tech landscape since June. Constant news cycles have analyzed every aspect of these staff reductions for meaning and lessons. How did we get here? How are companies managing employees? Are there more layoffs on the way?

Gynger launches out of stealth to loan companies cash for software

Software spend is becoming a prime target for cuts as it grows into a larger line item in enterprises’ budgets. According to one recent report, customers are putting 53% more toward software-as-a-service (SaaS) licensing compared to five years ago. Management has come down aggressively; 57% o

How to solve the financial close dilemma: 3 strategies that never fail

The great surge in entrepreneurship following the pandemic resulted in a significant disruption of most industries, which was mainly reflected in significant and widespread adoption of tech, both old and contemporary. Today, technologies such as artificial intelligence (AI) and machine learning (ML

Sequoia’s Carl Eschenbach, who led deals for Zoom and Snowflake, to run Workday as co-CEO

Carl Eschenbach, a longtime enterprise software executive who joined Sequoia Capital in 2016 and went on to lead a number of lucrative deals for the venture firm, is going back to an operating role. As the new co-CEO of Workday, Eschenbach will co-lead the enterprise cloud applications giant with i

EU to probe $61B Broadcom-VMware deal over competition concerns

When Broadcom announced it was spending an eye-popping $61 billion for VMware in May, it seemed only a matter of time before the deal caught the attention of regulators, especially in Europe and the U.K. And sure enough, this week the EU announced that it was officially investigating the deal. In a

Vercel makes it easier to collaborate on preview deployments

Vercel, the popular front-end development platform, now allows you to comment directly on preview deployments, using a highly visual commenting system that is similar to Figma’s. The company had been testing this feature since September and it’s now generally available to all users. As