Industry News Update – Week of 11/26/2018:

Last week, Coupang's valuation increased to $9 billion after the company raised $2 billion.

Airbnb appointed Dave Stephenson as its new CFO. Stephenson previously held numerous positions at Amazon, was the President and CFO at Big Fish Games and worked in finance and engineering roles at Procter and Gamble.

BlackBerry stated that it would acquire Cylance for $1.4 billion to bolster its autonomous vehicle software.

The news articles and links presented below are available for your reference.

AIRBNB

"Airbnb Poaches Another Amazon Exec to be its CFO"

COUPANG

“Coupang, Korea's Answer to Amazon, Raises $2 Billion, Mints New Billionaire"

CYLANCE

“BlackBerry to Buy Cybersecurity Firm Cylance for $1.4 billion”