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CENTRAL TRUST Co Boosts Stake in Atlassian Co. (NASDAQ:TEAM)

CENTRAL TRUST Co grew its position in shares of Atlassian Co. (NASDAQ:TEAM – Free Report) by 123.0% during the second quarter, according to its most recent filing with the SEC. The firm owned 5,092 shares of the technology company’s stock after acquiring an additional 2,809 shares during the period. CENTRAL TRUST Co’s holdings in Atlassian […] ....

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Atlassian to acquire former unicorn Loom for $975M

Atlassian announced this morning that it is acquiring video messaging service Loom for $975 million, the same company that had a $1.53 billion valuation in May 2021 when it announced a $130 million Series C. That was when companies were still thinking about all work being cloud-based and the future looked oh so bright. As times have changed, so has the value of the company, but Atlassian still sees Loom and its 25 million customers, and more than 5 million video conversations per month, as a valuable asset. “Async video is the next evolution of team collaboration, and teaming up with Loom helps distributed teams communicate in deeply human ways,” Mike Cannon-Brookes, Atlassian co-founder and co-CEO said in a statement. ....

Kevin Systrom , Mathilde Collin , Joe Thomas , Mike Krieger , Kleiner Perkins , Goldman Sachs , Mike Cannon Brookes , Joe Thomas ,

Microsoft: State hackers exploiting Confluence zero-day since September

Microsoft says a Chinese-backed threat group tracked as Storm-0062 (aka DarkShadow or Oro0lxy) has been exploiting a critical privilege escalation zero-day in the Atlassian Confluence Data Center and Server since September 14, 2023. ....

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Chinese APT Group Exploiting Atlassian Zero Day

A Chinese nation state hacking group is exploiting a zero day flaw in Atlassian's Confluence Data Center and Server products as part a campaign spotted in ....

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Atlassian (NASDAQ:TEAM) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of Atlassian (NASDAQ:TEAM – Free Report) in a research report sent to investors on Thursday morning. The brokerage issued a buy rating on the technology company’s stock. Several other research analysts have also recently issued reports on TEAM. Oppenheimer increased their price objective on Atlassian from $200.00 to $235.00 and […] ....

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