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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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald