Benchmark-backed Confluent jumps in debut, valuation soars over $11 bln

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Benchmark-backed Confluent jumps in debut, valuation soars over $11 bln

On a fully diluted basis, Confluent is valued at $16.64 billion, based on its debut price of $44. The company had been valued at $4.5 billion …
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Bloomberg Experiments With Subscriber-Only Content to Boost Retention

Talent-centric exclusives have increased Odd Lots open rates by 50%. Bloomberg uses subscriber-only content to boost retention Bloomberg.
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BuzzFeed to Go Public in SPAC Deal Valuing It at $1.5 Billion

The agreement, which comes after months of negotiations, confirms a Bloomberg News report in March that the parties were in talks. As part of the deal,
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State's largest health care providers to require all employees get COVID-19 vaccines; one labor union balks

The state’s largest hospital systems on Thursday said they will mandate that all of their employees get vaccinated against COVID-19. Leaders of Mass General Brigham, Beth Israel Lahey Health, Wellforce, and Dana-Farber Cancer Institute said requiring …
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Uber Pays $3.4M for Seattle Gig Worker Leave Law Violations

SEATTLE (AP) — Uber has agreed to pay more than $3.4 million to 15,000 drivers after acknowledging violations of Seattle’s pioneering paid sick leave law covering gig workers. Amid the …
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