Amazon has reportedly made a bid to acquire TikTok amid pressure for the app to divest from Chinese ownership by an April 5 deadline, or…
OpenAI has achieved a historic funding milestone, raising $40 billion in one of the largest private funding rounds ever, boosting its valuation to $300 billion.…
Island, the creator of the Enterprise Browser, has raised $250 million in a Series E funding round, elevating its valuation to $4.8 billion since its…
Block has announced layoffs impacting 931 employees, about 8% of its workforce, as part of a strategy to enhance operational efficiency. CEO Jack Dorsey outlined…
Maju Kuruvilla, former CEO of Bolt, is launching a new startup, Spangle AI, aimed at improving the online shopping experience by addressing the common frustrations…
Google plans to acquire cloud security startup Wiz for approximately $32 billion to $33 billion, marking its largest acquisition to date. The deal, which is…
Swedish fintech giant Klarna has advanced towards its U.S. IPO by releasing its F-1 prospectus, aiming to raise at least $1 billion at a valuation…
In this week’s Startups Weekly, optimism prevails in the startup ecosystem, with entrepreneurs actively pursuing acquisitions and funding. Notable highlights include Hinge Health’s IPO plans…
Rad Power Bikes has appointed Kathi Lentzsch as its new CEO, following a leadership change just days after the previous CEO’s resignation. This transition occurs…
Chubb has launched a new division, North America Small & Lower Midmarket, merging its Lower Middle Market and Digital Small Business divisions to enhance service…