Shein just went public at about 25% of its peak valuation
After months of delays, fast fashion behemoth Shein went public on Tuesday at a…
a16z brings growth fund to $8.5B days after launching new $1.1B fund
Venture capital firm Andreessen Horowitz has expanded its fifth growth fund to $8.5 billion.…
US Navy backlogs could leave over a dozen submarines sitting idle for years, costing $3 billion, watchdog says
Severe backlogs could leave over a dozen US Navy attack submarines awaiting decommissioning sitting…
VLC crosses 7 billion downloads
In our world of expensive streaming platforms, the very free and offline VLC media…
Trump announces US majority control of Venezuela’s oil reserves
United States President Donald Trump has announced an agreement granting the country majority control…
Trump said the US government has reached a deal to secure 65 billion barrels of oil reserves in Venezuela
Donald Trump said the US has secured majority control of more than 65 billion…
What Meta bought with its $18 billion settlement
Last week, when Meta went on trial over allegations that Facebook and Instagram were…
Snyk was worth $8.5 billion. The price of its employees’ stock has collapsed.
Snyk was one of cybersecurity's brightest startup stars, worth $8.5 billion at the height…
40 movie sequels have hit $1 billion or more at the box office — here they all are
"Spider-Man: Brand New Day" recently crossed the $2 billion threshold.It's the fourth installment in…
‘This is cruelty’ – ADC criticises FG’s $1bn social protection programme
The African Democratic Congress (ADC) has criticised the Federal Government's $1 billion social protection…
OpenAI to start showing ads on ChatGPT’s free and Go tiers in India
Ahead of a potential IPO, expected this year or next, OpenAI has been trying…
Nvidia has been in talks to acquire Hugging Face for more than $13 billion
Nvidia has been in talks to acquire Hugging Face, the popular AI platform for…
CEO Jensen Huang went on an AI deal spree in August. Nvidia plans to invest $18 billion more this fiscal year.
In the span of a few weeks, the Nvidia CEO has committed billions to…
Meta’s historic $18 billion settlement may mean little for the plight of teens
On Wednesday, Meta reached an agreement with attorneys general across states, Washington, DC, and…
Meta agrees to settle teen addiction lawsuit for up to $16.7 billion
Some changes are coming for teen users of Meta platforms.The owner of Facebook and…
Everyone says software is dead. SaaS startup Linear just doubled its valuation to $2.5 billion.
Linear is a startup that makes product management software.It completed an employee tender offer…
