Data Domain Corp News Today

Snowflake's stock tumbles as CEO Frank Slootman steps down and outlook weakens - SiliconANGLE

Provided by Dow Jones By Matt Grossman Blackstone Group Inc. has appointed Frank Slootman, the chairman and chief executive of Snowflake Inc., as a senior adviser, the New York City-based investment giant said Wednesday. Mr. Slootman, who at Snowflake oversaw an initial public offering in September, will focus on advising Blackstone Growth, although he will contribute across the company, Blackstone said. Snowflake provides cloud-based data warehousing. Before joini...