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Asana CEO Announces Retirement, Stock Plummets 25%

2 months 1 week ago
Dustin Moskovitz, CEO and co-founder of Asana, is stepping down and will transition to the role of Chair once a new CEO is appointed. "As I reflect on my journey since co-founding Asana nearly 17 years ago, I'm filled with immense gratitude," Moskovitz said in a statement. "Creating and leading Asana has been more than just building a company -- it's been a profound privilege to work alongside some of the most talented minds in the industry." Asana's stock price was down more than 25% following the news. CNBC reports: Asana said fourth-quarter sales rose 10% year over year to $188.3 million, which was in line with analysts' estimates. The company said its adjusted earnings per share was breakeven, ahead of analysts' estimates of a loss of one cent per share. Asana said it expects fiscal first-quarter revenue of $184.5 million to $186.5 million, trailing analysts' expectations of $191 million. Moskovitz owns about 53% of the company's outstanding shares, between his Class A and Class B holdings. He has substantially increased his ownership since the company's public market debut in 2020. [...] Moskovitz said in his Monday retirement statement that he plans to focus more on his philanthropic endeavors, such as Good Ventures and Open Philanthropy, which cites "potential risks from advanced AI" among its various focus areas. In 2010, Moskovitz signed the Giving Pledge, a promise by some of the wealthiest people in the world to donate most of their fortunes to charity.

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No peace for Gandi this past weekend, after storage SNAFU breaks email and more

2 months 1 week ago
Oh, and Musk blames ‘Ukraine area’ for X downtime

Domain registrar, website host, and email provider Gandi.net suffered a major outage over the weekend. The latest update from the French biz, some 14 hours ago, stated it was "still working on resolving all the issues," which we understand to mean it has largely fixed itself by now.…

Iain Thomson

Bluesky CEO Jay Graber Pokes Fun At Mark Zuckerberg With Latin Phrase T-Shirt

2 months 1 week ago
An anonymous reader quotes a report from TechCrunch: When Bluesky CEO Jay Graber walked on stage at SXSW 2025 for her keynote discussion, she wore a large black T-shirt with her hair pulled back into a bun. At first glance, it might appear as though she's following the same playbook that so many women in tech leadership have played before: downplaying her femininity to be taken seriously. The truth is way more interesting than that. What might look like your average black T-shirt is a subtle, yet clear swipe at Mark Zuckerberg, a CEO who represents everything that Bluesky is trying to work against as an open source social network. The Meta founder and CEO has directly compared himself to the Roman emperor Julius Caesar. His own shirt declared Aut Zuck aut nihil, which is a play on the Latin phrase aut Caesar aut nihil: "Either Caesar or nothing." Graber's shirt -- which directly copies the style of a shirt that Zuckerberg wore onstage recently -- says Mundus sine caesaribus. Or, "a world without Caesars." With the way Bluesky is designed, Graber is certainly putting her money where her mouth (or shirt) is. As a decentralized social network built upon an open source framework, Bluesky differs from legacy platforms like Facebook in that users have a direct, transparent window into how the platform is being built. "If a billionaire came in and bought Bluesky, or took it over, or if I decided tomorrow to change things in a way that people really didn't like, then they could fork off and go on to another application," Graber explained at SXSW. "There's already applications in the network that give you another way to view the network, or you could build a new one as well. And so that openness guarantees that there's always the ability to move to a new alternative."

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