CoreWeave raised $1.5B in its IPO, selling ~37.5M shares at $40 each, down from a planned 49M shares at $47-$55; source: Nvidia anchored with a ~$250M order
but many buzzy tech IPOs remain in the pipeline Thomas Maxwell / Gizmodo : CoreWeave Is at the Center of the AI Revolution, and Its IPO looks Like a House of Cards Helene Braun / CoinDesk : CoreWeave ...
Filing: Fidelity marks down the value of its X stake, estimating the company is worth ~28% of the $44B that Elon Musk paid, down from 33% in May 2023
yourself’ outburst Kwan Wei Kevin Tan / Business Insider : X is worth 71% less now after Elon Musk took over and burned its bridges with advertisers: Fidelity Anders Hagstrom / Fox Business : X now wo...
The FTC proposes a rule banning non-compete clauses, saying the contracts harm healthy competition in the labor and product markets and block entrepreneurship
the latest move in Lina Khan's ambitious reform agenda. https://www.nytimes.com/... Elizabeth Warren / @ewarren : Imagine you hate your job. The pay is low. The benefits are crummy. But your boss made...
Elon Musk's offer to buy Twitter likely was a joke, since he previously pretended he would take Tesla private, but he may not be able to get out of the deal
Good morning! If you're looking to head to Bhutan anytime soon, we've got some news for you. Leigh Mc Gowran / Silicon Republic : What's going on with Elon Musk's Twitter deal? Aryaansh Rathore / Mar...
NTSB sent a letter to the NHTSA asking for stricter standards on automated vehicle tech, citing Tesla's Level 2 Autopilot system tests as needing more oversight
comments are due by April 1st. https://www.regulations.gov/ ... https://twitter.com/... Lora Kolodny / @lorakolodny : NHTSA wants to hear from the public & experts on what should be the standards & ru...
Profile of Chegg, which is valued at $12B, employs 70,000+ freelance tutors in India, and faces the issue of students using it to cheat by getting test answers
Susan Adams / Forbes : Tweets: @forbes , @eric_mazur , @shorterpearson , @ibd_ecarson , @forbes , @sub8u , and @melissakorn Tweets: @forbes : Forbes interviewed 52 students who use Chegg Study. Aside...
Samsung says it shipped 6.7M+ Galaxy 5G phones globally in 2019, accounting for 53.9% of the 5G phone market; Samsung had only sold 2M 5G devices as of Sept.
for now Ryan Whitwam / ExtremeTech : Samsung Shipped Over 6.7 Million 5G Phones in 2019 Carl Weinschenk / Telecompetitor : Samsung Says it Shipped 6.7M 5G Phones in 2019, a 54% Market Share Napier Lop...