The hotly anticipated IPO of Workday could help to advance Morgan Stanley’s rehabilitation in the wake of the Facebook fiasco. But given the way other recent tech deals led by the bank have been structured, it is still too soon to pass a verdict on its performance – or to tell how much long-term damage the debacle surrounding the Facebook offering will do to its business in Silicon Valley. Read more

It seems that August’s stock market mayhem has done little to deflate the latest internet bubble – at least, when it comes to private companies with strong growth prospects and some traction in their business models. The latest case in point: Workday. Read more