Arik Hesseldahl

Recent Posts by Arik Hesseldahl

Workday Prices Public Offering at $28 a Share

Workday, the cloud-based human resources software concern, just announced that it has priced the offering of its shares at $28, slightly higher than the $24 to $26 range it announced on Oct. 9. At that price, Workday has raised $637 million, or $125 million more than it was seeking when it announced its first price range on Oct. 1. The shares will debut for trading on the New York Stock Exchange under the symbol WDAY sometime Friday.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work