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Twitter stock slides after-hours amid scramble to contain high-profile account hacks

Twitter’s stock slid as much as 4% in after-hours trading as the company tried to swat down hackers that had taken over the accounts of multiple high-profile users. Accounts belonging to Barack Obama, Elon Musk, Jeff Bezos, Kanye West, Joe Biden, Warren Buffet, Apple and many others had their accounts […]

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SaaS and cloud stocks finally give back ground

After a heated run, SaaS and cloud stocks dipped sharply during regular trading on Monday. According to the category-tracking Bessemer cloud index, public SaaS and cloud stocks dropped around 6.5% today, a material blow to the value of some of the world’s most highly valued companies, measured by sector-averaged revenue […]