Edition:
United Kingdom

Neha Malara

GitLab raises $268 million in funding, may look at direct listing

17 Sep 2019

GitLab said on Tuesday it had raised $268 million in its latest round of funding, taking the valuation of the U.S. coding platform to $2.75 billion in its run-up to a stock market launch next year where it might opt for direct listing.

Fitbit unveils Versa 2 smartwatch with Amazon Alexa

28 Aug 2019

Fitbit Inc on Wednesday launched its latest smartwatch, Versa 2, adding Amazon.com Inc's voice assistant Alexa, online payments and music storage in a bid to compete strongly with Apple Inc's smartwatches.

Salesforce sees higher quarterly, FY revenue; shares rise 7%

23 Aug 2019

Salesforce.com Inc forecast third-quarter and full-year revenue above Wall Street estimates on Thursday, as it benefits from acquisitions and more companies opting for its cloud-based services, sending its shares up 7% in extended trading.

Fitbit targets 1 million new users with Singapore government tie-up

22 Aug 2019

Fitbit Inc said on Wednesday it signed a contract with the Singapore government to provide fitness trackers and services in a health program it said could reach up to one million users.

Dropbox slides after reporting slowest user growth since IPO

08 Aug 2019

File sharing company Dropbox Inc reported its slowest growth in paid users since going public last year and fell short of expectations for a quarterly revenue metric that indicates future growth, sending its shares down 5% on Thursday.

Fitbit cuts 2019 revenue view, Versa Lite sales lag; shares tank

31 Jul 2019

Wearable device maker Fitbit Inc cut its 2019 revenue forecast on Wednesday, blaming disappointing sales of its newly launched cheapest smartwatch Versa Lite, sending its shares tumbling as much as 16% to a record low.

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