HP aids cannabis sellers, Zuora shares soar, WeWork buys Naked Hub

Cannabis cash

HP Inc. has hopped on the pot bandwagon, offering a more official way to process all that cash dispensaries are collecting. The computer maker will sell a custom cash register system to marijuana businesses that comes with legal compliance software from Flowhub. The idea is to do away with the tablets that many dispensaries rely on now to process transactions. Aaron Weiss, an HP Inc. vice president, said the company welcomes the opportunity to be part of the “exciting new regulated industry.”

Number of the day

43 percent

That’s how much shares of San Mateo cloud software company Zuora rose on their first day of trading. The company priced its offering at $14 per share. Zuora’s customers range from Redwood City’s Box to General Electric. Its backers include Benchmark, Shasta Ventures and BlackRock.

Naked acquisition

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WeWork is buying Chinese co-working startup Naked Hub for about $400 million, Bloomberg reported. The 3-year-old Naked Hub, the co-working arm of luxury resort company Naked Retreats, focuses on environmental sustainability and stripped-down architecture. It has about 200 employees, who will join WeWork’s 250 workers in China.

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