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Investors concerned that Alphabet’s future growth, especially in emerging markets, will not match its previous rates, are looking to the company’s other businesses to provide new streams of revenue. But Alphabet gave away little new information on its other ventures on Monday letter v cufflinks. It gave no indication when its self-driving car company Waymo will generate noticeable revenue. In October, Alphabet said Waymo had begun revenue-generating rides within a small section of Arizona but did not break out the company’s financials..
TOKYO (Reuters) – Nissan Motor said on Tuesday it will hold an extraordinary shareholders meeting on April 8 to formally discharge its ex-chairman Carlos Ghosn following his arrest on financial misconduct charges. The meeting also aims to approve Renault SA Chairman Jean-Dominique Senard as a director, it said letter v cufflinks. Ghosn has been charged with failing to disclose more than $80 million in additional Nissan compensation for 2010-2018 that he had arranged to be paid later. Ghosn, swiftly dismissed as Nissan chairman after the arrest, has denied wrongdoing..
(Reuters) – Slack Technologies Inc said on Monday it had confidentially applied with the U.S. Securities and Exchange Commission to list shares publicly, moving business messaging service a step closer to going public in what is expected to be a high-profile year for initial public offerings letter v cufflinks. Slack still plans to pursue a direct listing as opposed to a traditional IPO as early as the spring, according to a source familiar with the matter. Such a listing gives insiders the option to sell instantly and does without the support of traditional underwriters – a recipe for potentially high volatility in early trading..
Slack is hoping for a valuation of more than $10 billion in the listing, Reuters had previously reported. Equity markets are wrestling with extreme volatility in the back drop of slowing global growth concerns and U.S.-China trade spat. Several companies have pulled IPOs from the markets, citing “unfavorable economic conditions”, with the number rising since the U.S. government shutdown. The company did not specify the number of shares it was selling or the price range for the offering letter v cufflinks.
Slack, launched in 2013, allows teams and businesses to communicate through groups and has quickly replaced email at many companies, although email is still the dominant medium of communication in workplaces letter v cufflinks. The number of paying customers using Slack has risen by more than 50 percent over the past five years to over 85,000, Slack Technologies Inc had said in a blog post. Slack’s main competitors include Microsoft Corp’s Teams, Alphabet Inc’s Google Hangouts Chat and Cisco Systems Inc’s Webex Teams, which dominate the workplace collaboration market, which research firm IDC has projected will be worth $3.2 billion by 2021..