DIRS.INFO The most relevant business & tech news

☆ A Googler who quit amid mass layoffs says hiring is 'broken.' Check out the pitch deck he used to secure $1.3 million for his startup Candidate.fyi.
▼ + stars: | 2023-10-07 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

A Googler who quit the company just before mass layoffs has raised $1.3 million for his HR tech startup, Candidate.fyi. Connors resigned from Google at the end of 2022, shortly before the tech giant announced it would cull staff, and as layoffs hit the broader sector. Connors said the broader layoffs spree influenced his and his brother's decision to form a startup "earlier than expected." "The idea of Candidate.fyi had been brewing for a while, and the experience of mass layoffs … made me realize the urgency of addressing the broken candidate experience." Check out the 12-slide pitch deck the founders used to secure the fresh funding.

Persons: Chris Connors, Kyle Connors, Connors, Candidate.fyi, Google, SuperAngel.Fund Organizations: Google, Yext Locations: . New York

☆ Norwest Venture Partners just hired ex-Salesforce sales guru David Rudnitsky. Here's why VC firms are now expanding their platform teams.
▼ + stars: | 2023-06-28 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +4 min

Norwest has hired ex-Salesforce sales guru David Rudnitsky to be its third operating executive. The hire is part of the firm's recent expansion of its portfolio services team for its founders. Here's why more VC firms may be doubling down on these roles during the market downturn. "We try to be an invited guest in the companies," he said of his work with his first four Norwest portfolio companies. For Norwest, its portfolio services team was launched 13 years ago by partner Katie Belding, who has been at the firm for over two decades.

Persons: Norwest, David Rudnitsky, Rudnitsky, he's, Marc Benioff, I've, It's, Andreessen Horowitz, Kleiner Perkins, Katie Belding, Belding, Lisa Ames, Renée Cohen Organizations: Norwest Venture Partners, Oracle, Netscape, Salesforce

The small-cap index Russell 2000 (.RUT) ticked higher as investors kept moving away from megagap and growth stocks after their strong gains. Recently, U.S. shares have been boosted by a megacap stocks rally and a stronger-than-expected earnings season, with the S&P 500 (.SPX) up almost 20% from its October 2022 lows. Wells Fargo raised the price target on Netflix (NFLX.O) shares to $500 from $400, the highest on Wall Street, according to Refinitiv. Energy index (.SPNY) rose after oil prices edged higher, while the KBW Regional Banking Index (.KRX) hit a two-month high. According to preliminary data, the S&P 500 (.SPX) lost 16.31 points, or 0.38%, to end at 4,267.54 points, while the Nasdaq Composite (.IXIC) lost 170.59 points, or 1.28%, to 13,105.83.

Persons: Wells, Russell, we've, Paul Baiocchi, jitters, Wells Fargo, Campbell, Shubham Batra, Shristi, Vinay Dwivedi, Richard Chang, David Gregorio Our Organizations: Netflix, Nasdaq, SS, C ALPS Advisors, Treasury, Bank of Canada, Federal, Dow Jones, Yext, U.S . Securities, Exchange Commission, SEC, Invest, Thomson Locations: megagap, U.S, KBW, York, Coinbase, Bengaluru

☆ Stocks making the biggest moves premarket: Netflix, Tesla, Coinbase, GameStop and more
▼ + stars: | 2023-06-07 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in premarket trading. GameStop — The meme stock added 2.4% premarket ahead of quarterly results on Wednesday. Petrobras — The Brazilian oil giant rose 2% in premarket trading after Morgan Stanley upgraded the stock to overweight from equal weight. NovoCure — The oncology company added 3.2% before the opening bell. Yext — The online marketing firm soared more than 17% in premarket trading on better-than-expected quarterly results.

Persons: Morgan Stanley, Coinbase, Wood, NovoCure, Yext, CNBC's Hakyung Kim, Jesse Pound, Yun Li Organizations: Netflix, JPMorgan, GameStop, FactSet, Petrobras —, SEC, of Clinical Locations: Krakow, Poland, premarket

☆ Futures inch lower on Fed policy caution, China data hits sentiment
▼ + stars: | 2023-06-07 | by ( ) www.reuters.com time to read: +3 min

Summary Futures down: Nasdaq 0.16%, Dow 0.13%, S&P 0.08%June 7 (Reuters) - U.S. stock index futures edged lower on Wednesday as investors remained cautious ahead of inflation data and the Federal Reserve's policy meeting next week, while worse-than-expected China exports data for May hit sentiment. U.S. shares have also been boosted by a rally in megacap stocks and a stronger-than-expected earnings season. However, some analysts say that profit-taking may be round the corner for big tech and other major growth stocks. ET, Dow e-minis were down 43 points, or 0.13%, S&P 500 e-minis were down 3.5 points, or 0.08%, and Nasdaq 100 e-minis were down 23.25 points, or 0.16%. Shares of Yext Inc jumped 18.4% premarket after the New York-based online marketing firm raised its annual earnings forecast.

Persons: Charalampos Pissouros, Wells Fargo, Shubham Batra, Vinay Dwivedi Organizations: Dow, Nasdaq, XM, Dow e, Netflix, Securities and Exchange Commission, Invest, Yext Inc, Thomson Locations: China, U.S, Coinbase, York, Bengaluru

☆ Stocks making the biggest moves midday: Affirm, Warner Bros. Discovery, Stitch Fix, Campbell Soup and more
▼ + stars: | 2023-06-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Affirm — Shares of the payments company surged 6% after Affirm and Amazon announced a new compatibility feature. Stitch Fix — The stock soared about 32% after the online personalized styling service company reported a narrower-than-expected loss for the fiscal third quarter. Stitch Fix posted a loss of 19 cents per share, compared with the 30-cent loss per share anticipated by analysts, according to Refinitiv. The company reported first-quarter earnings of $1.45 per share, while analysts polled by Refinitiv called for $1.24 per share. Revenue fell short of expectations, however, coming in at $597 million, versus the $602 million estimated by Wall Street.

Persons: Chris Licht, Buster's, Dave, Refinitiv, Morgan Stanley, Rosenblatt, Campbell, Canaccord Genuity, Coinbase, Wood, —, Jesse Pound, Brian Evans, Darla Mercado Organizations: Amazon, Revenue, Warner Bros, Dave, Wall Street, GameStop, FactSet, Petrobras —, StreetAccount, U.S . Securities, Exchange Commission Locations: Refinitiv

☆ Apple Maps is getting a big update. Here's what it looks like
▼ + stars: | 2023-01-11 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Apple announced a big update to Apple Maps on Wednesday that will add new photos, buttons and promotions to the app on business pages. The move will encourage Apple Maps users to seek more than just directions by offering new information and photos about business locations. For example, businesses on Apple Maps can now display a "Showcase," or a module with a big picture and the ability to highlight deals or limited-time promotions. Apple Maps will also let businesses add buttons to the top of their profile to let people order or make reservations. Here are some changes coming to the Apple Maps app:

☆ Stocks finish higher as the Street awaits key inflation data next week
▼ + stars: | 2022-11-25 | by ( Zev Fima | ) www.cnbc.com time to read: +4 min

Stocks finished higher on this holiday-shortened trading week, with all the major U.S. averages posting gains. Under the hood, all sectors closed higher for the week, led by utilities, materials and financials. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. The U.S. Federal Reserve, alongside global central banks, has been trying to get a handle on soaring inflation.

☆ The 9-to-5 workday is never going to return, says Roam CEO Howard Lerman
▼ + stars: | 2022-11-02 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe 9-to-5 workday is never going to return, says Roam CEO Howard LermanHoward Lerman, Roam CEO and former Yext CEO, joins CNBC's 'Squawk Box' to discuss how Roam could disrupt meeting technology companies like Zoom.

☆ This startup just raised $40 million to take on Zoom with virtual office spaces
▼ + stars: | 2022-11-02 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

The former Yext CEO has spent over a year creating Roam, a new kind of virtual office software that allows employees to communicate less formally and more efficiently. Roam functions like an office building in the cloud, and a beta version of the platform launched Wednesday morning. Employees appear in virtual rooms or "offices," and people can drop by at the click of a button — much like they can stop by a physical office space. People can see who is in each virtual room as well as who is working remotely, who is in a physical office and who is in the field. And by giving employees easy access to their co-workers, companies can dedicate less time to formal meetings.

Search resuls for: "Yext"

10 mentions found