HighTimes CFO quits amid protracted IPO process

2019-08-01

The chief financial officer of HighTimes Holding, owner of counterculture pot magazine High Times, has jumped ship after just three months — in the midst of a rocky IPO process. Neil Watanabe, who was also the company’s chief operating officer, resigned on July 19 “to pursue other business opportunities,” theRead More →

Slack ends first day of trading worth nearly $20 billion

2019-06-20

Slack Technologies Inc. ended its first day on Wall Street worth nearly $20 billion, after the creator of a popular workplace-chat tool made its public debut via an unconventional route. The business-communications company began trading on the New York Stock Exchange in a direct listing, through which Slack WORK, +48.54%Read More →

Elon Musk: Tesla does not have a demand problem

2019-06-11

Tesla Inc. Chief Executive Elon Musk took the stage at the company’s shareholder meeting Tuesday seeking to dispel concerns about demand and production that have plagued the Silicon Valley car maker for months. Judging by Tesla’s TSLA, +1.98%  stock action in the extended session, Musk succeeded. The shares rose moreRead More →

Uber stock hit by executive shake-up a month after the IPO

2019-06-07

Shares of Uber Technologies Inc. fell more than 1% in the extended session Friday after Chief Executive Dara Khosrowshahi said in an email to employees the ride-hailing company’s chief operating officer and chief marketing officer are leaving. Khosrowshahi said in the email that he and COO Barney Harford had agreedRead More →