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Verizon agrees to buy rival telecom operator Frontier Communications for an enterprise value of $20B; Frontier had a revenue of $5.8B in 2023 (Christo
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2024-09-05 10:25:04
By: milo
A look at the economics of Waymo's robot taxi business as its dominance has grown since Cruise pulled its fleet off the road (Eli Tan New York Ti
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2024-09-05 04:35:11
By: milo
The nonprofit Cosmos Institute launches to cultivate AI technologists "equipped with deep philosophical thinking", with plans for an AI lab,
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2024-09-05 03:19:11
By: milo
Indian bike taxi startup Rapido raised $200M at a $1.1B valuation led by WestBridge and plans to expand its newly launched cab-hailing service (The Ec
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2024-09-05 02:52:20
By: milo
Seattle-based Revefi, which seeks to automatically detect and troubleshoot companies' data-related issues, raised a $20M Series A led by Icon Ven
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2024-09-05 01:58:34
By: milo
C3.ai reports Q1 revenue up 21% YoY to $87.2M, vs. $86.9M est., and subscription revenue up 20% YoY to $73.5M, vs. $79.1M est.; its stock falls 16%+ a
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2024-09-04 22:47:23
By: milo
Paylocity, which provides HR and payroll software, agrees to acquire corporate spending software company Airbase for $325M; Airbase was valued at $600
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2024-09-04 22:13:21
By: milo
HPE reports Q3 revenue up 10% YoY to $7.71B, vs. $7.66B est., Server revenue up 35% YoY to $4.3B, and adjusted gross margins of 31.8%, vs. 33.4% est.
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2024-09-04 22:07:08
By: milo
Sources: OSOM, the smartphone company founded by former Essential employees, is shutting down later this week, after a lawsuit alleged its CEO misused
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2024-09-04 21:39:20
By: milo
The Internet Archive loses its appeal of a US district court ruling that favored publishers in a copyright dispute over the nonprofit's ebook len
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2024-09-04 20:25:27
By: milo
Bolt's Ryan Breslow thanked 13 investors in an email for supporting a $450M Series F, but some say they hadn't given support; BlackRock move
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2024-09-04 19:18:22
By: milo
The Internet Archive loses its appeal of a district court ruling that favored publishers in a copyright dispute over the nonprofit's ebook lendin
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2024-09-04 18:27:13
By: milo
Ride-hailing company GoTo plans to close its Gojek business in Vietnam, to focus on reaching profitability in its main operations in Indonesia and Sin
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2024-09-04 16:22:23
By: milo
Filing: Lyft plans to sell some of its bike and scooter business and cut 1% of staff as it struggles to turn profitable; Lyft ended 2023 with nearly 3
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2024-09-04 15:34:20
By: milo
Sources: a16z shut its Miami office in May 2024 because staff weren't using it enough; VC funding to Miami-based startups has flagged since 2022&
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2024-09-04 15:06:23
By: milo
Safe Superintelligence, co-founded by ex-OpenAI chief scientist Ilya Sutskever, raised $1B from a16z, Sequoia, DST, and others, sources say at a $5B v
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2024-09-04 15:01:13
By: milo
Ride-hailing company GoTo plans to close its Gojek brand in Vietnam, to focus on reaching profitability in its main operations in Indonesia and Singap
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2024-09-04 14:31:23
By: milo
Safe Superintelligence, co-founded by ex-OpenAI chief scientist Ilya Sutskever, raised $1B from a16z, Sequoia, and others, sources say at a $5B valuat
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2024-09-04 14:09:06
By: milo
Filing: Lyft plans to sell some of its bike and scooter business and cut 1% of its employees as it struggles to turn profitable (Natalie Lung Bloomber
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2024-09-04 13:57:19
By: milo
You.com, an AI-powered search engine, raised a $50M Series B, bringing its total funding to $99M, and launches "multiplayer AI" features for
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2024-09-04 13:30:25
By: milo
Robinhood launches a new feature in the UK to let retail investors lend stocks they own to interested borrowers, in a bid to grow its international fo
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2024-09-04 12:36:08
By: milo
Sources: a16z has shut its Miami office in May because staff weren't using it enough; VC funding to Miami-based companies has flagged since 2022&
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2024-09-04 12:25:16
By: milo
The UK's CMA says Microsoft's acquihire of the Inflection team doesn't cause competition concerns, but designates the deal as a merger
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2024-09-04 12:13:46
By: milo
The New Effective Way to Prevent Account Takeovers
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2024-09-04 11:20:18
By: milo
Blackstone agrees to acquire Australian data center operator AirTrunk in a deal valuing the company at around $16.1B (Bloomberg)
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2024-09-04 09:36:35
By: milo
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