Latest in Secures Billion Valuation
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Ramp secures $13 billion valuation in deal allowing employees, investors to sell shares
The deal is also the latest in a string of private companies letting employees cash out shares and lowering the pressure on themselves to go public.CNBC - 11h -
Stripe's valuation climbs to $91.5 billion in secondary stock offer
Stripe announced a tender offer on Thursday that values the company at close to its peak valuation from 2021.CNBC - 4d -
Anthropic raises $3.5 billion, reaching $61.5 billion valuation as AI investment frenzy continues
Anthropic secures $3.5 billion in series E funding at a $61.5 billion valuation as the AI company's revenue grows 1,000% year-over-year, intensifying competition with OpenAI amid massive industry ...VentureBeat - 8h -
North Korean hackers behind $1.5 billion crypto hack: Security firm
North Korean hackers were behind a sophisticated hack that stole about $1.5 billion worth of digital currency from Bybit, a major cryptocurrency exchange, according to security firm TRM. “TRM has ...The Hill - Feb. 25 -
Peter Thiel-backed fintech Ramp nearly doubles valuation to $13bn
US payments start-up completes share sale as business rebounds after period of low customer spendingFinancial Times - 16h -
Anthropic’s valuation triples to $61.5bn in bumper AI funding round
Start-up raises $3.5bn from Silicon Valley venture firms in race against OpenAI and DeepSeekFinancial Times - 10h -
What Nvidia’s market valuation says about where the stock will be in 5 years
A good company whose stock is overvalued can still be a great disappointment.MarketWatch - 7h -
Tesla’s stock skid pushes valuation below $1 trillion for the first time in 3 months
Tesla’s closing market cap slides below $1 trillion for the first time since mid-November.MarketWatch - 6d -
Why Canada Is Trying to Secure the Border
Since President Trump’s election, Canada has intensified its efforts to curb illegal immigration into the U.S. However, with mass deportations underway in the U.S., a new dynamic is emerging at the ...The New York Times - 2d -
Apple announces $500 billion investment in U.S.
Apple has announced a $500 billion investment in the U.S. over the next four years. The company also said it will hire 20,000 additional workers in the U.S. CBS MoneyWatch Correspondent Kelly ...CBS News - Feb. 24 -
The Papers: 'Hug of hope' and 'billions for Kyiv and UK defence'
Many of Sunday's front pages are dominated by Ukrainian President Volodymyr Zelensky's visit to No 10.BBC News - 1d -
Prada Moving in on $1.6 Billion Deal for Versace
Prada and Capri could make a deal for Versace in March.Inc. - 1d -
SoftBank Considers Borrowing $16 Billion to Fund AI
This would be on top of the $15 billion SoftBank has already committed to Stargate.Inc. - 1d -
Apple Pulls iPhone Security Feature in UK
Law enforcement in the country was pressuring the company to create a tool that would act like a back door into customers’ data.The New York Times - Feb. 21 -
Apple Pulls iPhone Security Feature in UK
Law enforcement in the country was pressuring the company to create a tool that would act like a back door into customers’ data.The New York Times - Feb. 21 -
Pennsylvania secures 88-75 win against Dartmouth
Led by Nick Spinoso's 23 points, the Pennsylvania Quakers defeated the Dartmouth Big Green 88-75ABC News - Feb. 21 -
Drexel secures 64-55 win against Charleston
Led by Kobe Magee's 19 points, the Drexel Dragons defeated the Charleston Cougars 64-55ABC News - Feb. 22 -
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Trump administration cuts some election security workers
There have been sweeping changes at the Cybersecurity and Infrastructure Security Agency, which is tasked with protecting the U.S. from foreign meddling in elections. CBS News' Nicole Sganga reports.CBS News - 6d -
Trump does not promise Ukraine security in exchange for minerals
President Trump said Ukrainian President Volodymyr Zelenskyy will finalize a rare minerals deal during a trip to the White House on Friday. Under the agreement, the U.S. would receive mineral ...CBS News - 5d -
Sanders reintroducing measure increasing Social Security benefits
Sen. Bernie Sanders (I-Vt.) is reintroducing a measure that would increase Social Security benefits. Sanders is joined by Sen. Elizabeth Warren (D-Mass.) and Reps. Jan Schakowsky (D-Ill.) and Val ...The Hill - 4d -
SEC says most meme coins are not securities
The Securities and Exchange Commission issued guidance Thursday evening saying it does not deem most meme coins securities under U.S. federal law.CNBC - 4d -
Social Security notifies employees of 'significant workforce reductions'
The Social Security Administration (SSA) is notifying employees of “significant workforce reductions” on the way as it prepares for what it describes as an “agency-wide organizational ...The Hill - 3d -
Social Security Administration to Cut Roughly 7,000 Workers
The agency is also restructuring and closing six of 10 regional offices that coordinate and provide support to employees who serve beneficiaries.The New York Times - 3d -
Social Security Administration to Cut Roughly 7,000 Workers
The agency is also restructuring and closing six of 10 regional offices that coordinate and provide support to employees who serve beneficiaries.The New York Times - 3d -
Can Europe secure peace in Ukraine without the US?
With relations between Washington and Kyiv in tatters, we examine what can realistically be achieved for Zelenskyy. Russia-Ukraine war – latest news updates Britain and France are trying, with ...The Guardian - 1d -
Extra security precautions at Mardi Gras in New Orleans
Security precautions are heightened in New Orleans as the city celebrates Mardi Gras. This comes after a shocking terrorist attack on Bourbon Street on New Year's Day. CBS News' Kati Weis reports.CBS News - 7h -
NIH Research Grants Lag Behind Last Year’s by $1 Billion
After weeks of disruption to scientific federal grants, the National Institutes of Health has fallen behind in funding research into treatments for deadly diseases.The New York Times - Feb. 18 -
UnitedHealth Medicare Advantage bombshell exposes $83 billion in government waste
Will Musk and Trump dare to take it on?MarketWatch - Feb. 21 -
$1.4 Billion Stolen From ByBit in Biggest Crypto Theft Ever
Plus: Apple turns off end-to-end encrypted iCloud backups in the UK after pressure to install a backdoor, and two spyware apps expose victim data—and the identities of people who installed the apps.Wired - Feb. 22 -
California governor asks Congress for nearly $40 billion for LA wildfire relief
California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfiresABC News - Feb. 22 -
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Apollo fills real-estate gap with $1.5 billion Bridge Investment deal
Apollo is adding $50 billion in assets under management to its real-estate portfolio.MarketWatch - Feb. 24 -
Apple says it will invest $500 billion in U.S. over next 4 years
Apple's plans include building a new manufacturing plant to produce Apple Intelligence servers in Texas.CBS News - Feb. 24 -
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Apple Will Invest $500 Billion in U.S.—and Create 20,000 Jobs
Investments will include a giant factory in Texas.Inc. - Feb. 24 -
Apple Plans to Invest $500 Billion in U.S. as Trump Tariffs Loom
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.The New York Times - Feb. 24