Wednesday, April 5, 2023

Q&A with Brex co-CEO Henrique Dubugras on the collapse of Silicon Valley Bank, launching Brex travel to compete with SAP Concur and Navan, and more (Nilay Patel/The Verge)

Nilay Patel / The Verge:
Q&A with Brex co-CEO Henrique Dubugras on the collapse of Silicon Valley Bank, launching Brex travel to compete with SAP Concur and Navan, and more  —  Everybody hates Concur.  Brex wants to replace it. … Brex is what you might call a neobank — not a traditional bank but, rather …



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...