Erebor Raises $350M at $4B Valuation After FDIC Approval
📋 Key Facts ✓ Erebor raised $350 million in funding. ✓ The startup achieved a valuation over $4 billion. ✓ Fund...
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📋 Key Facts ✓ Erebor raised $350 million in funding. ✓ The startup achieved a valuation over $4 billion. ✓ Fund...
📋 Key Facts ✓ Under President Trump, the SEC has backed down from nearly all its fights with crypto firms. ✓ The biggest lawsuits and i...
📋 Key Facts ✓ AI was behind over 50,000 layoffs in 2025. ✓ World's biggest tech companies cited AI in layoff strategies. ...
Walmart CEO Doug McMillon (R) is handing over the top job to John Furner in the new year. Walmart 2025 has been a big year for retail CEO transition announcements. Roughly 45 retailers said they are c...
📋 Key Facts ✓ ETHZilla liquidated $74.5 million in Ether. ✓ The liquidation was to redeem convertible debt. ✓ T...
📋 Key Facts ✓ Northern Data, backed by Tether, sold its bitcoin mining arm to companies run by Tether executives. ✓ The sale happened j...
📋 Key Facts ✓ ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. ✓ The expenditure aims to build AI inf...
📋 Key Facts ✓ Dell's sales teams were mandated to return to the office five days a week starting September 2024. ✓ Jackie Miller...
📋 Key Facts ✓ TD Cowen stated that added cash strengthens Strategy’s ability to operate through a prolonged crypto winter. ✓ The cash b...
Tech leaders like Sundar Pichai, Mark Zuckerberg, and Elon Musk led a workforce efficiency crusade in 2025. Jakub Porzycki/NurPhoto via Getty Images; Steve Granitz/FilmMagic The "efficiency" m...
Jensen Huang, Jeff Bezos, and Mary Barra all started far from the top. Getty Images Many of the world's most powerful business leaders began their careers in more humble ways. From Jensen Huang workin...
US bankruptcies are on the rise. doockie/Getty Images From corporate giants to mom-and-pop shops, bankruptcies are piling up across the US this year. Large corporate bankruptcies have hit their highes...
A strong economy doesn't mean good news for job seekers this time around. Spencer Platt/Getty Images The US economy looks strong, but job growth remains slow — creating a "jobless boom."...
Garry Tan is a top seed investor. Courtesy Y Combinator founders seized the AI boom in 2025, with increasingly younger teams securing millions in seed funding. Founders launched companies ranging from...
📋 Key Facts ✓ Strategy Inc. increased cash reserves to $2.19 billion by raising $748 million from 4.54 million Class A shares. ✓ Bitcoi...
Leading AI companies are competing for the world's top talent, doling out huge pay packages. They are also paying top dollar for undiscovered talent. iStock; Rebecca Zisser/BI AI giants like OpenAI, A...
Macy's plans to close stores over several years. kena betancur / AFP via Getty Images Nearly 300 US retail stores, including Macy's and Kroger locations, are set to close by the end of 2026. Major cha...
Ivan Rodriguez Alba/Getty Images TikTokers have been debating two jobs: $120,000 for fully virtual work, or $240,000 for five days in-person. The debate between virtual, in-person, and hybrid work rag...
Ron Telemarque Ron Telemarque Ron Telemarque had 11 days to decide: accept severance or return to the office full time. He shared how he decided whether to stay at Paramount — and whether he reg...
📋 Key Facts ✓ The company sold about 4.5 million common shares last week. ✓ The stock sale raised $748 million. ✓ ...