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Productivity software giant Atlassian is making its largest acquisition yet to add a developer productivity tool to its product suite. Atlassian announced Thursday it has agreed to acquire the developer productivity insight platform DX for $1 billion in cash and restricted stock. Enterprises use DX to analyze how productive their engineering teams are and identify bottlenecks slowing them down. DX was launched five years ago by Abi Noda and Greyson Junggren. Noda told TechCrunch in 2022 that he founded the company to find a better way to understand what hampered engineering teams. At the time, he felt the metrics he was using as a product manager at GitHub weren’t giving him the full picture, and he wanted to build something better…
ABC’s suspension of Jimmy Kimmel’s show following comments he made about the killing of Charlie Kirk drew reactions from across the entertainment and political worlds, including from President Donald Trump.Fellow late-night host Stephen Colbert got the news Wednesday while taping an episode of his own show in New York, telling a stunned studio audience that “Jimmy Kimmel Live!” had been suspended.“It was a mix of shock and bewilderment,” said audience member Monserrat Lopez, recounting how Colbert left the stage before coming back to say he would call Kimmel to talk privately. Just this summer, CBS said Colbert’s “Late Show” would…
One airline CEO is defending his carrier’s business model following months of economic uncertainty that has shook the industry.Frontier Airlines CEO Barry Biffle said Wednesday the ultra-low-cost airline model is “alive and well” despite some mainline carriers saying that the low-cost side of the industry is no longer sustainable. The viability of ultra-low-cost airlines has been under a microscope in recent weeks, as Spirit Airlines—a standard bearer of sorts for the a la carte airline model—has entered a second bankruptcy restructuring in under a year and has stated it needs immediate cash to survive.Biffle has said that Frontier is committed…
Electric commercial trucks are starting to take off. And that progress comes with a new slate of challenges for operators grappling with how to build out charging infrastructure for their growing EV fleets. Given grid constraints, that’s not always possible. EV trucks are one of several energy users currently searching for space on an increasingly crowded electrical grid. And while today’s demand is small — only a few thousand units are currently operating — over half of fleets are piloting the technology, according to McKinsey. One startup, EV Realty, is hoping to fill the void by finding free space on…
NEW YORK (AP) — Three months after his release from an immigration jail, Palestinian activist Mahmoud Khalil is facing the growing threat of deportation for his role in campus protests against Israel. In court documents made public Wednesday, an immigration judge in Louisiana ruled that Khalil should be deported for failing to disclose information on his green card application. The decision marked a setback for Khalil, a lawful U.S. resident and recent Columbia University graduate student who became the first person targeted by President Donald Trump’s aggressive crackdown on pro-Palestinian activists. But while the ruling puts him one step closer…
American society probably puts more pressure on producing a good quarterback than anything else, which makes it all the more confounding that the Jets can never have one.OK, OK. So that’s not necessarily the takeaway from “Him,” a new horror thriller about the religious fervor that goes with football. For some of us long-suffering fans, football inspires less Messianic zeal than an annual reminder that this is a dark and cruel world and any delusional preseason hope will be quickly and thoroughly snuffed out.But Jets fan or not, “Him” has a decent point to make about QB hero worship. These…
Wildfires can transform a dream vacation into a stressful situation within minutes, but Travel Insured International emphasizes that proper travel insurance can provide crucial protection when fire-related events disrupt travel plans. As wildfire seasons become more intense in destinations such as California, Hawaii, the Mediterranean and Australia, travelers need comprehensive coverage that addresses the wide-ranging effects of these natural disasters.Key Coverage Areas Travel Insured’s protection plans cover multiple scenarios that wildfires create. When fires make hotels uninhabitable or force closures, trip cancellation coverage may reimburse non-refundable costs, including flights, accommodations and prepaid tours. Coverage can even extend to situations where a traveler’s…
Dawn Capital’s latest partner, Shamillah Bankiya, stopped by Equity this week to talk about the European landscape and the biggest misconceptions Americans have about the European startup world. Dawn Capital is a marquee firm in the UK with more than $2 billion in AUM, 34 exits, and 11 unicorns. Names in the portfolio consist of names including AI companies Collibra and Dataiku. It focuses on early-stage companies, backing them from seed to Series C. It’s currently investing from its $620 million Fund V. Bankiya, meanwhile, is one of the few Black women venture partners in Europe. Her investments at the firm…
NEW YORK (AP) — Jimmy Kimmel’s television future hung in the balance Thursday after ABC suspended his late-night show following the host’s comments about Charlie Kirk’s killing, which prompted dozens of stations to say they would not air the show, a move that was cheered on by a top federal regulator.The veteran late-night comic made several remarks on Monday and Tuesday about the reaction to the conservative activist’s assassination, including saying that “many in MAGA land are working very hard to capitalize on” the fatal shooting. He said Trump’s political supporters were trying to characterize the man charged in the…
A version of this article appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Larry Ellison built the world’s second-largest fortune by holding on to his Oracle shares over nearly five decades of ups and downs. At the same time, he’s spent billions to fund his philanthropy, vast real estate holdings, sports investments and his son’s fast-growing media empire.How does he manage to spend so much while selling so little?A close look at the Oracle chairman’s finances and shareholdings reveals a fortune built on…