Drone delivery startup Zipline raised $600M+, boosting its valuation to $7.6B, and says it has now completed 2M+ commercial deliveries of 20M different items
Zipline, a drone delivery and logistics startup, has raised more than $600 million in new funding, boosting its valuation to $7.6 billion …
PE firm TPG completes its $7.6B acquisition of the remaining 70% stake in DirecTV from AT&T, marking AT&T's exit from media
Private equity firm TPG completed its $7.6 billion purchase of the 70% stake it didn't already hold in DirecTV from AT&T.
EA reports Q4 net bookings up 8% YoY to $1.8B, above $1.56B est., and forecasts FY 2026 bookings above estimates at $7.6B to $8B; EA jumps 5%+
Samantha Subin / CNBC :
IPO filings: CoreWeave, set to launch a $32B IPO on March 28, violated key terms of a $7.6B Blackstone loan in 2024, triggering a series of technical defaults
US cloud company seeking blockbuster $32bn IPO had to remedy serious administrative errors in December
ServiceTitan's shares closed up 42.25% at $101 in its Nasdaq debut, giving the cloud software provider an ~$8.9B market cap after it raised ~$625M in its IPO
All topics — Top of the Morning — David Bonderman … Financial Times : Live news: ServiceTitan shares pop 42% in debut Bluesky: Chirag Mehta / @chirag : A good signal that the market might welcome ...
AT&T agrees to sell its majority stake in DirecTV to private equity firm TPG for $7.6B in cash, including $1.7B in pre-tax quarterly distributions in H2 2024
- DirecTV is holding advanced talks to merge with rival Dish — AT&T and TPG are owners of DirecTV, which was founded in 1994
Micron reports Q3 revenue up 82% YoY to $6.81B, vs. $6.67B est., a $332M net income, and forecasts Q4 revenue in line with est.; MU drops 6%+
but the stock slides Wajeeh Khan / Bitcoin Insider : Micron beats Street estimates in Q3 on continued AI demand Proactive : Micron 3Q earnings beat but shares tumble as revenue guidance fails to meet ...
Anxious about regulators, Naspers, SoftBank, Berkshire, and other early investors in Chinese tech giants are selling; $7.6B in Tencent shares could be sold
Bloomberg :
A breakdown of the $7.6B+ in ETH that Tornado Cash received since 2019 shows 49.6% was from DeFi, 17.7% was from sanctioned entities, and 10.5% was stolen funds
Chainalysis :
Apple reports Services revenue grew 12% YoY to $19.6B in Q3 2022 and 860M paying subscribers globally across all its services, up from 825M in Q2 2022
people coming from Android - saw double-digit growth) Ben Bajarin / @benbajarin : Important observation as Apple continues to defy macro concerns (just like they did in 08-09 economic downturn). The p...