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Sam Altman, CEO of Microsoft-backed OpenAI and ChatGPT creator speaks during a talk at Tel Aviv University in Tel Aviv, Israel June 5, 2023. REUTERS/Amir Cohen/File Photo Acquire Licensing Rights Nov 18 (Reuters) – Sam Altman, the recently ousted CEO of OpenAI, has been working on a new artificial intelligence venture he is planning to … Read more
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A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights NEW YORK, Oct 6 (Reuters) – Soaring Treasury yields have stunned the U.S. equity market in recent weeks, with some of the worst fallout hitting a group … Read more
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NEW YORK, Oct 5 (Reuters Breakingviews) – As blank-check deals go, it hardly could have been much worse than Better. The online mortgage lender led by Vishal Garg unveiled plans in May 2021 to go public at a nearly $8 billion valuation by way of a special-purpose acquisition company, exuberantly telling investors it expected to … Read more
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Tourists take a break next to a Vodafone store on a shopping street, in Ronda, Spain, June 2, 2023. REUTERS/Jon Nazca Acquire Licensing Rights MADRID/LONDON, Sept 22 (Reuters) – British telecom investment company Zegona (ZEG.L) said on Friday it was in talks with Vodafone (VOD.L) about a potential acquisition of the British telecom giant’s Spanish … Read more
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[1/2]A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights NEW YORK, Sept 20 (Reuters) – Marketing automation firm Klaviyo’s (KVYO.N) shares closed well below their first-day high on Wednesday, while a slump in the stocks of Arm … Read more
NEW YORK, Sept 15 (Reuters) – Marketing automation firm Klaviyo Inc is in advanced discussions to raise the indicative price range of its initial public offering (IPO), people familiar with the matter said on Friday, as strong investor demand emboldens stock market hopefuls. Klaviyo, which is seeking an $8 billion fully diluted valuation at the … Read more
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Sept 14 (Reuters) – SoftBank’s chip designer Arm Holdings (ARM.O) is set to debut on the Nasdaq on Thursday, in what could be the biggest test for initial public offerings (IPOs) in the United States after a listing drought that lasted for nearly 16 months. The company has secured a valuation of $54.5 billion after … Read more
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SoftBank’s Arm prices IPO at $51 per share-sources  Reuters Source link
Sept 11 (Reuters) – Retail traders getting their first bite at Arm Holdings’ highly anticipated public offering when the British chip designer begins trading this week should beware: individual investors often get burned when they jump on hot listings. Arm’s goal of raising around $5 billion in New York in what might be the biggest … Read more
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A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights NEW YORK, Sept 10 (Reuters) – Arm, the chip designer owned by SoftBank Group Corp (9984.T), is getting close to securing enough investor support to attain the fully … Read more