Erebor Hits $4.35B Valuation in $350M Raise
๐ Key Facts โ Erebor raised $350 million in funding. โ The company achieved a $4.35 billion valuation. โ Palmer...
๐ Key Facts โ Erebor raised $350 million in funding. โ The company achieved a $4.35 billion valuation. โ Palmer...
Toys R Us was one of the dominant toy retailers of the 1990s and early 2000s. Artur Widak/NurPhoto via Getty Images Toys R Us opened pop-up stores at some US malls this holiday season . The retailer h...
Reid Hoffman, the cofounder of LinkedIn, thinks AI will transform, not eliminate, jobs. Dominik Bindl/Getty Images Reid Hoffman, a prominent Democratic donor, is against California's proposed billiona...
Student-loan borrowers who receive debt relief in 2026 could face a big tax bill. d3sign/Getty Images A 2021 provision that made student-loan forgiveness tax-free expired on January 1. Borrowers who b...
๐ Key Facts โ Tory Bruno has abruptly resigned as CEO of United Launch Alliance. โ He served in the role for 12 years. ...
๐ Key Facts โ Erebor raised $350 million in funding. โ The startup achieved a valuation over $4 billion. โ Fund...
๐ Key Facts โ Uber and Lyft to test Baidu robotaxis in London next year โ The initiative joins Waymo's robotaxi efforts ...
๐ Key Facts โ FDA approves first GLP-1 pill for obesity from Novo Nordisk โ Novo Nordisk is the maker of Wegovy โ ...
๐ Key Facts โ The FDA approved the first-ever GLP-1 pill on Monday. โ The pill was developed by Novo Nordisk, a Danish pharmaceutical g...
๐ Key Facts โ Paramount amended its WBD bid with a guarantee of Larry Ellison backing. โ The bid was not increased on Monday. ...
๐ Key Facts โ Instacart is ending all item price tests effective immediately. โ Retailers can no longer use Eversight technology for pr...
Nvidia's Jensen Huang and Google's Larry Page had different responses to California's proposed billionaire's tax. Patrick T. Fallon / AFP via Getty Images, EMMANUEL DUNAND/AFP/GettyImages A proposed w...
๐ Key Facts โ TD Cowen stated that added cash strengthens Strategyโs ability to operate through a prolonged crypto winter. โ The cash b...
๐ Key Facts โ Every weekday, the Investing Club releases the Homestretch. โ The Homestretch is an actionable afternoon update. ...
Meta says its $800 glasses are selling out quickly. Meta Meta says there's high demand for its Ray-Ban Display glasses, with waitlists extending into 2026. Meta said Tuesday that it's pausing on a wid...
๐ Key Facts โ Michael Selig's confirmation occurred prior to David Sacks' statement. โ David Sacks, a White House official, cal...
Palmer Luckey, Ro Khanna, and David Sacks have all posted on X about the wealth tax. Chip Somodevilla/Getty Images; Tom Williams/CQ-Roll Call, Inc via Getty Images; PATRICK T. FALLON/AFP via Getty Ima...
๐ Key Facts โ iRobot filed for Chapter 11 bankruptcy on December 14 and will be acquired by Picea Robotics. โ Founded in 1990 by Colin ...
Warnerโs leadership has rebuffed Paramountโs overtures again and urged shareholders to back the sale of its streaming and studio business to Netflix for $72 billion. Warner expressed concerns that the...
Volcano Engine, the cloud computing unit of Chinese tech giant ByteDance, said on Monday it has secured an โexclusive AI cloud partnershipโ with the Spring Festival Gala โ a marquee slot that underlin...