Meta said the company was discontinuing the Workplace product in order to focus on building AI and metaverse technology.

The retailer is cutting hundreds of corporate jobs and asking some staff to move to large corporate hubs.

The private equity-backed company is eyeing a June stock-market debut.

Uber will also separately purchase $300 million in newly issued ordinary shares of Delivery Hero.

Singapore private-equity firm Everstone Capital is exploring an initial public offering of its Asian health services firm as plans to sell that business remain stuck.

Henrik Fisker’s electric-vehicle startup burned through cash and struggled to make and sell an auto.