Rippling is reportedly in discussions to raise $870 million at a valuation of $13.4 billion. This round would include a $200 million injection of capital and $670 million of shares being sold by existing stockholders, TechCrunch reported Tuesday (April 16), citing unnamed sources. Reached by PYMNTS, Rippling declined to comment on the report. This funding would be the […]
Happy Tuesday! The government is working with SBI Card and telecom companies to tackle the menace of OTP-based online payment frauds. More on this in today’s ETtech Morning Dispatch.Also in the letter:■ WeWork to sell 27% stake in India unit■ Europe is a hotspot for Indian IT M&As■ Peak XV MD to leave VC fund Centre, SBI Card, telcos come together to tackle OTP frauds 109515406The government has teamed up with SBI Card, the credit card business of State Bank of India and telecom...
Puffer Finance secures $18 million in funding round led by Brevan Howard Digital and Electric Capital. Crypto exchanges Coinbase and Kraken also invest in the Ethereum liquid restaking protocol. Puffer Finance, an Ethereum liquid staking protocol on Eigenlayer, has raised $18 million in its latest funding round. An announcement on Tuesday says Brevan Howard Digital […]
The US Department of Commerce unveiled plans to award Samsung up to $4.6 billion to expand its semiconductor manufacturing capabilities as part of an ongoing effort to reduce reliance on foreign-made chips.
Financing for the deal will be supported by Concord's partner Apollo Capital Management, the U.S. private equity giant.
On Monday, New York’s Democrat Gov. Kathy Hochul celebrated her victory of getting mostly everything she wanted in her $237 billion budget fight, including an additional $2.4 billion in spending for migrants. Hochul boasted that she beat politics as usual,
Caitlin Clark appears to be on the cusp of setting another record. The most prolific scorer in NCAA Division I history and the No. 1 overall pick in the WNBA draft will continue her association with Nike by signing a $28 million contract that spans eight years and includes a signature shoe. The Wall Street []
"We believe this is the most efficient route for Triller to access public capital markets and secure the liquidity needed for rapid growth." Source
In our latest NFL Wires mock draft, QBs and WRs dominate the top six while the Raiders, 49ers and Chiefs make big trades.
Here is a 2024 WNBA draft pick-by-pick breakdown for the New York Liberty.
The iPad Air 2024 is expected to launch alongside the new iPad Pro 2024. Rumor has it is coming with a gaggle of new features.
Finance Minister Chrystia Freeland’s fourth budget delivers a big-ticket housing program for millennials and Generation Z voters — a multi-billion dollar commitment to be paid for in part with a tax hike on the rich and corporate Canada.