Why two startups are betting on debt instead of equity
When there’s a need for capital, not every startup goes the venture route. Boast.ai, a company that plugs into business systems and automatically finds them R&D tax breaks, announced Wednesday it has raised a $100 million credit facility from Breve.....»»
N.Y. pension buying Vista stake tied to late billionaire Brockman
New York State Common Retirement Fund agreed to pay as much as $350 million for Vista Equity Partners fund stakes tied to late billionaire Robert Brockman, an original investor in the private equity firm, according to people familiar with the matter......»»
Live talk today at noon EDT: Startups and innovation in personal transportation
Michigan Central Station COO Carolina Pluszczynski will join Executive Editor Jamie Butters and Staff Reporter Michael Martinez......»»
Live talk Wednesday at noon: Startups and innovation in personal transportation
Michigan Central Station COO Carolina Pluszczynski will join Executive Editor Jamie Butters and Staff Reporter Michael Martinez......»»
Boeing risks losing billions as 33,000 workers vote to strike
Workers refused to waste leverage as Boeing deals with $45 billion debt. Enlarge / Union members cheer during a news conference following a vote count on the union contract at the IAM District 751 Main Union Hall in Seattle, Wash.....»»
Rocket Report: China leaps into rocket reuse; 19 people are currently in orbit
Launch startups in China and Europe are borrowing ideas and rhetoric from SpaceX. Enlarge / Landspace's reusable rocket test vehicle lifts off from the Jiuquan Satellite Launch Center on Wednesday, September 11, 2024. (credit: La.....»»
Driverless semis could be months away
I visited two startups working to bring driverless technology to long-haul trucking. Enlarge / An Aurora truck departs the company’s depot in Palmer, Texas. (credit: Aurora) On a sunny morning in December, an 18-wheel.....»»
Nvidia’s AI chips are cheaper to rent in China than US
Supply of processors helps Chinese startups advance AI technology despite US restrictions. Enlarge (credit: VGG | Getty Images) The cost of renting cloud services using Nvidia’s leading artificial intelligence chips is.....»»
China is not pushing Africa into debt trap, South African president says
China is not pushing Africa into debt trap, South African president says.....»»
Viewpoint: In the face of DEI backlash, belonging plays a key role to future success
Diversity, equity and inclusion efforts have become increasingly visible in U.S. workplaces, especially over the past five years. However, DEI has recently come under attack, with companies scaling back their DEI plans......»»
DEI policies work best when they are designed to include everyone and are backed by evidence, says researcher
As the U.S. becomes increasingly polarized, diversity, equity and inclusion—also known as DEI—efforts have been touted as a way to bridge social divides and promote a sense of belonging for everyone, especially for those who have been traditional.....»»
Maintaining company confidentiality simultaneously hurts and helps workers" well-being
A hush has fallen over the workplace. At tech startups and banks, in doctors' offices and law firms, workers are increasingly being asked to keep secrets. These aren't personal confidences but organizational secrets about clients, proprietary technol.....»»
Salesforce is betting more personalized connected cars will make money
Salesforce's investment in a new connected car application signals the company's confidence in the promise of connectivity......»»
New iPhone 16 survey proves that it’s time for larger displays
Today the findings of a new survey reveals what buyers are looking for ahead of the iPhone 16’s launch. One of the key takeaways? Apple knows what it’s doing by betting on larger iPhones for the upcoming 16 Pro lineup. more….....»»
How some states help residents avoid costly debt during hard times
A new national study provides the best evidence to date that generous unemployment insurance benefits during the COVID-19 pandemic helped reduce reliance on high-cost credit use......»»
Private equity firm buys auto retail ID check, remote notary provider Mavsign
Maverick Document Signings, which provides remote notary and identification verification services to car dealerships, has been purchased by private equity firm 1876 Partners, Colonnade Securities said......»»
Luminar Q2 net loss narrows to $130.6 million; debt restructuring deal reached
The lidar supplier said revenue grew 2 percent to $16.5 million......»»
The music industry is suing 2 hot AI startups. They’ve invoked Taylor Swift in their defense
The music industry is suing 2 hot AI startups. They’ve invoked Taylor Swift in their defense.....»»
Comprehensive framework to promote diversity, equity, and inclusion in global biodiversity research
The global biodiversity crisis demands comprehensive, collaborative solutions that draw upon diverse knowledge and perspectives from around the world. Yet, a critical gap exists in biodiversity research, where the expertise and insights of local scie.....»»
Rivian won’t add CarPlay to its cars. It doesn’t need to
Carmakers are struggling to build great software, but some new startups are head and shoulders above the competition -- like Rivian......»»
Zelenskiy signs law allowing Ukraine debt payment suspension
Zelenskiy signs law allowing Ukraine debt payment suspension.....»»