Category: Tech Companies News

Tobias Lutke Gains New Voting Rights on Shareholder Ballot – Shopify

Investors in Shopify Inc. have agreed to give Chief Executive Officer Tobi Lutke special voting rights, ensuring his influence at the e-commerce software business he established. Despite the recommendations of two famous advisory companies, shareholders approved a plan to create a “founder share” for Lutke. Under certain conditions, including his continued employment with the corporation, […]

Hedge funds dump tech, buy oil in search of Returns

Stocks and bonds are out and oil is in. It’s the playbook for hedge funds looking to juggle persistent inflation, rising interest rates, and a steeply declining tech-heavy stock market. Hedge funds are the most bullish on oil since mid-November based on combined net long positions in Brent Crude and West Texas Intermediate futures. Positions […]

Here’s Why Lemonade’s Stock Is Sliding Today

2021-10-04 10:01:31 What happened  Shares of Lemonade (NYSE:LMND) were tumbling today on seemingly no company-specific news. Many technology stocks were losing ground in response to rising Treasury yields, which is likely the same reason Lemonade’s stock was falling.   Its shares were down by 4.9% as of 12:18 p.m. EDT on Monday.   So what  The 10-year Treasury yield […]

Canadian Tech Startup Makes Mental Health Accessible to Young Professionals

2021-10-04 07:22:00 The Journal That Talks Back™ is an entirely new approach to coaching — built from the ground up. TORONTO, Oct. 4, 2021 /CNW/ – Most of us think we know what coaching, counselling and therapy are like: expensive, weekly sessions that last an hour or less and may or may not feel productive. Live […]