Sign up for ARPU: Stay ahead of the curve on tech business trends.
CNBC
Trump’s World Liberty Financial jumps into stablecoin game with USD1 reveal
The USD1 stablecoin is the latest of Trump’s crypto ventures an addition to the fastest growing sector of the crypto economy.
CNBC
Napster pioneered music sharing over 25 years ago. It just got bought for $207 million
Napster is getting acquired by Infinite Reality for $207 million, the latest chapter for a company whose brand is synonymous with early music sharing.
ARPU
Dropbox Faces Activist Investor Pressure Over Founder Control
Dropbox, the file-storage company, is facing pressure from an activist investor to curtail CEO and co-founder Drew Houston's voting power, according to a report by The Wall Street Journal. Half Moon Capital, a hedge fund, has submitted a shareholder proposal seeking to eliminate Dropbox's dual-class share
CNBC
Trump Media shares jump on announcement of ETF deal with Crypto.com
President Trump's media company announced an agreement with Crypto.com on Monday to launch ETFs and related products.
Bloomberg
Online Grocer Zepto in Talks for $250 Million Secondary Sale Ahead of IPO
Online grocer Zepto is in talks for current stockholders to sell as much as $250 million of their equity, a move aimed at boosting the ownership of Indian investors before the startup seeks to go public later this year.
ARPU
Xiaomi Raises $5.27 Billion in Share Sale to Fuel Expansion
Chinese tech giant Xiaomi Corp is raising a substantial $5.27 billion through a top-up share placement, Reuters reports. This move comes as the company seeks to expand its operations, including its burgeoning electric vehicle (EV) business.The share sale, priced at HK$52.80 to HK$54.60 per
CNBC
Google's $32 billion Wiz deal may signal a turning point for slow IPO, M&A markets
Google's $32 billion acquisition of Wiz may signal the start of a friendlier initial public offering and deal activity environment.
ARPU
Klarna's IPO Hopes to Spark UK Fintech Listing Boom
Klarna's upcoming US IPO could trigger a wave of British fintech listings, Reuters reports. The Swedish buy-now pay-later company is expected to command at least $15 billion in its New York Stock Exchange debut, potentially inspiring other UK-based fintech firms to follow suit."Any successful IPO of
DIGITIMES
Baidu, Alibaba, Tencent flex financial muscle as billions pour into AI race
Baidu, Alibaba, and Tencent (collectively known as BAT)—are dramatically scaling up investments in artificial intelligence (AI) and capex, signaling aggressive intent in the escalating global AI race.
ARPU
TikTok Deal Talks Center on US Investor Buyout
The White House-led negotiations over the future of TikTok are reportedly converging on a plan for existing US investors to increase their stakes in the company and acquire its US operations. This development, as reported by Reuters, aims to prevent a potential ban on the popular video-sharing app.Reuter'
Tech in Asia
AI robotics startup Bot Company raises $150m, sources say - Tech in Asia
AI robotics startup Bot Company raises $150m, sources say Tech in Asia
CNBC
Crypto super PACs pump cash into Florida as GOP faces risk of thinning House majority
The crypto industry is pouring money into two Florida House races that could have a big impact on the Republican Party's ability to hold its slim majority.
CNBC
Abu Dhabi's ADQ and American private equity firm ECP make $25 billion bet on powering U.S. data centers
The UAE has worked to strengthen ties with the U.S. on AI, and is seeking greater access to American technology in order to build its own infrastructure.
Reuters
Perplexity AI in talks to raise funds at $18 billion valuation, source says - Reuters
Perplexity AI in talks to raise funds at $18 billion valuation, source says Reuters
CNBC
Perplexity AI in talks to double valuation to $18 billion, raise up to $1 billion in new funding - CNBC
Perplexity AI in talks to double valuation to $18 billion, raise up to $1 billion in new funding CNBC
CNBC
BlackRock’s head of digital assets says staking could be a ‘huge step change’ for ether ETFs
Appetite for ether ETFs has been tepid since their launch last July, but that could change, according to Robert Mitchnick, head of digital assets at BlackRock.
Reuters
Nvidia-backed CoreWeave targets up to $32 billion valuation in test for AI IPOs - Reuters
Nvidia-backed CoreWeave targets up to $32 billion valuation in test for AI IPOs Reuters
CNBC
Klarna lands buy now, pay later deal with DoorDash, notching another win ahead of IPO
Klarna is partnering with DoorDash to give users of the restaurant delivery service more ways to pay for their meals.
ARPU
Airbnb Invests Heavily in New Businesses to Diversify Revenue
Airbnb is gearing up for a major expansion beyond its core home-sharing business, with plans to launch new revenue streams in May, the Wall Street Journal reports, citing a company presentation.The San Francisco-based company announced that it will invest between $200 million and $250 million this year to establish
Bloomberg L.P.
AI-Cloud Firm CoreWeave Seeks $2.7 Billion in Dialed Back IPO
CoreWeave Inc., a cloud-computing provider that’s one of the hottest startups in artificial intelligence, and some of its investors are seeking to raise about $2.7 billion in an initial public ...
Reuters
Nvidia-backed CoreWeave aims to raise up to $2.7 billion in US IPO
Nvidia-backed CoreWeave is aiming to raise as much as $2.7 billion in its U.S. initial public offering, a regulatory filing by the AI startup showed on Thursday.
Reuters
SoftBank buys chipmaker Ampere Computing for $6.5 billion, deepening AI bet - Reuters
SoftBank buys chipmaker Ampere Computing for $6.5 billion, deepening AI bet Reuters
CNBC
SoftBank to acquire chip designer Ampere in $6.5 billion deal
SoftBank Group said Wednesday that it will acquire Ampere Computing, a startup that designed an Arm-based server chip, for $6.5 billion.
PYMNTS.com
Nvidia and xAI Sign On to $30 Billion AI Infrastructure Fund - PYMNTS.com
Nvidia and xAI Sign On to $30 Billion AI Infrastructure Fund PYMNTS.com
Bloomberg
Elon Musk’s X Raises Almost $1 Billion in New Equity Funding
Elon Musk’s social network X has raised close to $1 billion in new equity from investors, according to people with knowledge of the matter — a deal that gives the company a valuation in line with when Musk took it private in 2022.
Financial Times
Elon Musk’s xAI and Nvidia join BlackRock and Microsoft’s $30bn AI fund - Financial Times
Elon Musk’s xAI and Nvidia join BlackRock and Microsoft’s $30bn AI fund Financial Times
Reuters
Nvidia, Musk's xAI to join Microsoft, BlackRock and MGX to develop AI infrastructure - Reuters
Nvidia, Musk's xAI to join Microsoft, BlackRock and MGX to develop AI infrastructure Reuters
TechCrunch
Prezent raises $20M to build AI for slide decks - TechCrunch
Prezent raises $20M to build AI for slide decks TechCrunch
CNBC
Tencent fourth-quarter profit surges 90% on gaming and advertising boost
Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue.
Reuters
GM to use Nvidia AI chips, software to automate vehicles, factories - Reuters
GM to use Nvidia AI chips, software to automate vehicles, factories Reuters