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

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

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.

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

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

The website-development company said its shareholders will receive $44 a share in cash, a 15% premium to Friday’s closing price.