Latest in Meta backs Databricks as the data analytics startup inches toward IPO
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Meta backs Databricks as the data analytics startup inches toward IPO
Meta rarely invests in startups, but it works with Databricks on the Llama open-source models that Meta trains.CNBC - 3h -
Sunway Healthcare Readies IPO That Will Likely Be Malaysia's Biggest in Years
Malaysia’s Sunway Healthcare Group will set in motion plans for an initial public offering early next month that is likely to value the business at over $4.0 billion, people familiar with the ...The Wall Street Journal - 15h -
TikTok Is Back. But Meta Is Reportedly Offering Creators Cash Bonuses to Stay on Reels
New Instagram-exclusive posting bonuses range from $10,000 to $50,000.Inc. - 23h -
Meta pushes back on claims that it's boosting Trump on Facebook and Instagram
Meta is countering claims that it boosted President Donald Trump and his administration on Facebook and Instagram as it came into office Monday.NBC News - 1d -
Valencia condemn abuse toward Sociedad players
Hosts Valencia and Real Sociedad have condemned the racist abuse aimed at visiting Japan international Take Kubo and forward Ander Barrenetxea during Sunday's match at the Mestalla stadium.ESPN - 1d -
Winter Storm Is Bringing at Least 6 Inches of Snow to the Northeast
The snow is likely to fall on Sunday from the Appalachians to New England. New York City may see its largest snowfall in years.The New York Times - 3d -
Citigroup faces €59mn lawsuit over abandoned property IPO
Liquidated investment firm Alcimos claims bank’s ‘inaccurate’ advice cost it millions of euros in potential feesFinancial Times - 3d -
Trump's inauguration inching closer: Here's how to watch
President-elect Trump will be inaugurated inside the Capitol Rotunda on Jan. 20 among a crowd of lawmakers, world leaders and allies. The decision to move the event inside the walls of Congress ...The Hill - 4d -
Here’s Why I’m Not Investing in Startups Right Now
In the absence of a strong IPO market, founders should focus on sustainable growth. Here’s how.Inc. - 5d -
Israel, Hamas barrel toward ceasefire: How will it work?
Fifteen months of devastating war in Gaza could come to a halt as soon as Sunday, with Israel’s government poised to approve a ceasefire and hostage release deal with Hamas. Though the exact ...The Hill - 5d -
Biden warns that an oligarchy is taking hold in America. There is data to back him up.
Wealth disparity in the U.S. has grown since 2009, according to Fed data, with a significant increase in the share of the nation’s wealth held by the 238,000 richest people.MarketWatch - 6d -
Travel group HBX to test Europe’s IPO market with Spanish listing
Hotel room wholesaler could be valued at €5bn in first big European flotation of the yearFinancial Times - 6d -
Malaysia Retailer Eco-Shop to Tap Investors Ahead of IPO
The Malaysian discount-store retailer aims to start tapping investors early next week ahead of a planned initial public offering valuing the company at over $1 billion, people familiar with the ...The Wall Street Journal - Jan. 15 -
Bitcoin swings back above $96,000, in stunning reversal, as light inflation data stokes risk appetite
Bitcoin bounced on Tuesday, rising with other risk assets as traders digested a light inflation reading.CNBC - Jan. 14 -
10-year Treasury yield inches toward 5% as next U.S. inflation update looms
Yields on long-dated U.S. government debt pushed further into their highest closing levels in over a year on Monday, ahead of the midweek release of the December consumer-price index.MarketWatch - Jan. 13 -
Why $10 Million Is the Hardest Number for Startups to Hit
It’s a wonderful mirage, but it rarely works, so why do we keep falling for it?Inc. - Jan. 13 -
Class of 2025? The IPO hopefuls that could revive London
After disappointment in 2024, financial services, industrials and consumer names could debut this yearFinancial Times - Jan. 13 -
Billionaire Issa brothers’ EG Group readies $13bn US IPO
Private equity-backed petrol station business expected to list as early as this yearFinancial Times - Jan. 12 -
Russian forces advance towards Dnipro region
Troops bypass urban warfare in Donetsk and push towards highway leading to DnipropetrovskFinancial Times - Jan. 12 -
Turkey's Kurdish leaders meet jailed politician as the two sides inch toward peace
A delegation from one of Turkey’s biggest pro-Kurdish political parties has met a leading figure of the Kurdish movement in prison, the latest step in a tentative process to end the country’s ...ABC News - Jan. 11 -
Fintech IPOs return with precious little credit in the bank
Hope still wins out over experience as financial disrupters seek to ride the latest waveFinancial Times - Jan. 11 -
Meta joins companies rolling back some DEI policies
McDonald's announced earlier this week that the company would end some initiatives centered on diversity, equity and inclusion, or DEI.ABC News - Jan. 10 -
Healthy Deal Pipeline Fuels Revived IPO Outlook for 2025
Wall Street banks eye private-equity owned companies looking for exits as the lineup of projected public offerings grows.Inc. - Jan. 10 -
Silicon Valley’s largest start-ups to shun IPOs in 2025
Huge recent fundraising deals for Databricks, SpaceX and OpenAI further delay need for stock market debutsFinancial Times - Jan. 10 -
Average US long-term mortgage rate inches up to 6.93% for fourth straight increase
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since JulyABC News - Jan. 9 -
Meta Rolls Back Hate Speech Rules
Advocates say Meta’s decision to loosen content moderation could lead to serious harms.Inc. - Jan. 8 -
Meta's fact-checking flip
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Why Meta ditching fact-checking is so significant Meta is rolling out a series of changes to its content ...The Hill - Jan. 7 -
Meta scraps fact-checking, brings back political content in latest Trump-friendly move
Meta announces intent to "restore free expression" on its platformsCNBC - Jan. 7 -
Do Facts Meta on Facebook?
Mark Zuckerberg removes fact-checking on his platforms.BBC News - Jan. 7 -
British AI startup with government ties is developing tech for military drones
Exclusive: Concerns raised over role of Faculty AI, which has worked with NHS and government safety body. A company that has worked closely with the UK government on artificial intelligence safety, ...The Guardian - Jan. 7 -
Are the new personal data rules workable?
Also in this newsletter: India’s forex reserves fall to an eight-month low and Kumar Mangalam Birla’s mantraFinancial Times - Jan. 7 -
Hurdles remain as Israel and Hamas once again inch toward a ceasefire deal
Israel and Hamas are once again struggling to reach a ceasefire that could wind down the 15-month war in Gaza and bring home dozens of Israelis held hostageABC News - Jan. 6 -
5 Ways This Startup Puts Values in Action
This AI company’s values help drive its booming biotech business.Inc. - Jan. 5 -
US set for IPO comeback as private equity firms seek to offload holdings
Bankers hope strong 2024 gains for Wall Street equities and pro-business policies will drive listings reboundFinancial Times - Jan. 5 -
6 Rules for Startup Fundraising
Lessons learned from my startup’s most recent fundraising round.Inc. - Jan. 4 -
Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?
The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Jan. 4 -
Venture Capitalist Sues Paypal Over Program for Minority Startups
An Asian-American fund manager accused the payments company of discrimination by ignoring her application under a $100 million initiative.The Wall Street Journal - Jan. 3 -
This Colorado Startup Is Challenging NASA in the Concorde 2.0 Race
Boom Supersonic is trying to build a quieter, 21st century supersonic jetliner.Inc. - Jan. 3 -
'Unprecedented': The most punctual global airline last year was 'absolutely' a surprise, analytics firm CEO says
Aeromexico, Saudia and Delta Air Lines were the most on-time global airlines in 2024, according to a report by aviation company Cirium.CNBC - Jan. 3 -
Watch: CCTV shows the moment people escaped the path of truck by inches
CCTV footage shows people leaping out of the way of the vehicle, as it was driven at crowds on New Year's Day.BBC News - Jan. 2