Tag: company
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Exclusive-Bumble dating app explores sale, sources say
NEW YORK, June 25 : Dating app Bumble is exploring a sale amid slowing growth in the online dating sector, according to three people familiar with the matter.The company, which gained recognition as one of the first major platforms to require women to initiate contact, is working with investment bankers at Mo
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Vimeo owner Bending Spoons seeks $1.62 billion US IPO, sources say
NEW YORK, June 22 : Bending Spoons, an Italian technology company that acquires and revamps software businesses, is seeking to raise as much as $1.62 billion in a U.S. initial public offering, according to two people familiar with the matter, in what would be one of the largest IPOs by a European company this year
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An ultra-rare Star Wars Lego collection went missing – it’s sparked viral conspiracies
Bricks & Figs shops around the US have been receiving threats due to the missing Star Wars Lego set, the company says.
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Exclusive-Meta head of product for ‘AI for work’ transformation is leaving company
NEW YORK, June 17 : A Meta executive overseeing a key piece of its restructuring around AI agents is leaving the company, according to an internal announcement seen by Reuters on Wednesday.Emily Dalton Smith, who has been with the Facebook owner since 2015, previously held roles as a vice president of product
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What happens when a company has no bosses? A Danish firm found out
At a Danish company that runs the country’s biggest network of electric-car chargers, the CEO made himself obsolete, and more than 500 employees now share responsibility for running the business.
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SpaceX locks in $60 billion Cursor deal to close gap with rivals in AI coding race
June 16 : Elon Musk’s SpaceX is buying the startup behind the popular AI coding agent Cursor, Anysphere, for $60 billion in an all-stock deal to boost its presence in the lucrative enterprise AI tools market.Tuesday’s deal follows a blockbuster Nasdaq debut for the rockets-to-AI company last week, in which it
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Anthropic to meet with US officials over export curbs
WASHINGTON, June 15 : Senior Anthropic technical staff are scheduled to meet with officials at the Department of Commerce in Washington on Monday, a Trump administration official said, after the U.S. government ordered the AI firm late last week to suspend access to its top-tier models for foreign nationals, citing
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What’s next for SpaceX stock after IPO blastoff
NEW YORK, June 15 : The SpaceX IPO went off with a bang. Now investors turn their attention to a jam-packed calendar ahead for Elon Musk’s rocket, internet and AI firm that may bring volatility.Just in the next two months, the sixth-largest U.S. listed company by market value will have a handful of events –
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Musk says SpaceX could bring $1 trillion in revenue by 2030
June 15 : Elon Musk said on Sunday that his rocket company, SpaceX, could bring in $1 trillion in revenue by 2030, making the statement two days after the company went public, valuing it at over $2 trillion. “And I would be surprised if revenue is not greater than $1T in 2031,” he wrote on…
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9 pop culture icons that are as old as Donald Trump
US President Donald Trump was born in 1946. He shares his birth year with stars such as Cher, Dolly Parton and Steven Spielberg. It’s also a year of many inventions, including a famous festival.
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