Vertex sharply reduced its loss for the year ended December 31 as it cut operating expenses by a sharp cut in general and administrative spending, driven by a  $55.1 million decrease in stock-based compensation in 2021.

Procore Technologies has launched its construction software business in France, with plans to move further into Europe. The company this week said it had named Laurence Caron-Vidon as senior director for France and Southern Europe to build regional operations.

Microsoft has named Sarah Steiger as GM of partner solutions for the U.S. national/local services team. Steiger, who joined the software company in 1998, was previously GM of  U.S. partner management and sales enablement, among other roles from May 2018 until taking the new position this month.