6 place 0
Ramp, a six-year-old corporate card and expense management startup, is in discussions with investors to raise $350 million at a valuation of about $21 billion with the investment, according to three people with direct knowledge of the fundraising, just a month after raising at a $16 billion valuation. Existing investor Iconiq is in talks to lead the round.
Back-to-back financings of this scale have become more common for in-demand AI companies, like coding upstart Anysphere and AI search engine Perplexity.
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The Information
The Supreme Court will decide whether Trump's tariffs under the IEEPA were legal, a ruling that could expand or limit presidential trade authority. Read more âș
1,810 fresh
YouTubers have discovered terrible performance on The Outer Worlds 2, so much so that the game's maximum settings with ray tracing can only be run at below 60 FPS at a 540p internal resolution on an RTX 5090. Read more âș
967 fresh
CBS News investigates what happened when police thought they'd tracked down a "porch pirate" who'd stolen a package â and accused an innocent woman. "You know why I'm here," the police sergeant tells Chrisanna Elser. "You know we have cameras in that town..." "It went right into, 'we have video of you stealing a package,'" Elser said... "Can I see the video?" Elser asked. "If you go to court, you... Read more âș
569 fresh
Waymo is drawing ire in San Francisco after the owner of a beloved bodega cat said the feline was run over and killed by the company's robotaxi. Read more âș
457 fresh
Animal rights advocates often contrast humanityâs dismal treatment of animals farmed for food with our adoration bordering on worship of pet cats and dogs â the point being that these distinctions between animals that are equally sentient are arbitrary, hypocritical, and pointlessly cruel. The comparison makes an important point, but it also conceals a grimmer [âŠ] Read more âș
366 fresh
Retail workers are earning more than they used to as companies invest in wages to attract and keep staff. Here's what median workers made in a year. Read more âș
364 fresh
This is The Stepback, a weekly newsletter breaking down one essential story from the tech world. For more on the real-world effects of Trump's tariffs, follow Mia Sato. The Stepback arrives in our subscribers' inboxes at 8AM ET. Opt in for The Stepback here. How it started The economists tried to warn us. From the [âŠ] Read more âș
301 fresh
If you were planning on purchasing Samsungâs Galaxy S25 or the Galaxy S25 FE in the UK, now is a good time. Even the Galaxy S25 Edge is available with a discount. Meanwhile, last yearâs iPhone models and the Google Pixel 9a have also received price cuts. Samsungâs Galaxy S25 in 12GB/128GB is available for ÂŁ649, and users will get another ÂŁ50 off on checkout. This is a great deal,... Read more âș
280 fresh
The foundations of internet communications were set 56 years ago, when 'LO' was transmitted from UCLA to SRI on the ARPANET. Read more âș
268 fresh
Teachers on military bases across the pond are working without pay amid the shutdown, Their landlords are confused why they suddenly can't pay rent. Read more âș
262 fresh
Researchers at NYU and the University of Queensland have demonstrated superconductivity in gallium-doped epitaxial germanium, fabricated using industry-standard semiconductor tools. Read more âș
258 fresh
Charles Schwab's Liz Ann Sonders told BI the "ultimate risk" is that AI companies disappoint, sending shockwaves through markets and the economy. Read more âș
244 fresh
âAnomalousâ heat flow, which at first appears to violate the second law of thermodynamics, gives physicists a way to detect quantum entanglement without destroying it. Read more âș
238 fresh
Daylight saving time can really mess with your sleep schedule. Here's how to adjust after the time change. Read more âș
235 fresh
Claire's recently filed for Chapter 11 bankruptcy and will close 290 stores. I visited my local store to find out why the mall icon is struggling. Read more âș
230 fresh
JPMorgan, Citi, and Goldman Sachs are investing heavily in AI technology to transform operations, enhance productivity, and stay competitive. Read more âș
225 fresh
As part of its 2025 Holiday Bundle, Intel is letting you pick between Battlefield 6 and Assassin's Creed Shadows as a free game when you purchase a qualifying Intel CPU or GPU. If you fancy yourself a high-end gaming laptop then you can avail the Platinum offer and get up to three free games. Read more âș
221 fresh
The MSI Pro MP165 E6 is competitive with other sub-$100 portable monitors, without any frills or special features. Read more âș
208 fresh
Therapist Christina Kantzavelos moved from California to Portugal. Healthcare there is cheaper, even when she pays out of pocket. Read more âș
201 fresh
Microsoft CEO Satya Nadella said in an interview that he has some AI chips in inventory that he cannot use because he has nowhere to plug them in. Read more âș
196 fresh
The Information
Things have never been better for Shopify. The e-commerce firmâs stock is trading near all-time highs. And a recent deal with OpenAI has put Shopify in a position to capitalize on AI-fueled shopping by easily allowing its merchants to sell products through ChatGPT. And yet Shopify is seeing the kind of executive turnover normally associated with companies that are struggling. Read more âș
71
About half of subscribers to The Information who responded to our latest survey said they bought or sold cryptocurrency, crypto exchange-traded funds or crypto treasury stocks in the past three months. Notably, more of our readers are buying than selling: 47% of all respondents said they bought crypto or something related in the past three months, while just 25% said they sold. The surveyâs findings are based on 528 responses. Read more âș
53
Stock market investors fell in love with crypto this year, setting off a big rally in public markets. Now the buying frenzy has rebounded back to privately held companies like crypto exchange Kraken and payments firm Ripple, whose valuations have soared. Kraken, one of the oldest crypto exchanges, is raising money at a $20 billion valuation, according to a person familiar with the matter, after getting $500 million in new... Read more âș
29
Treasury Secretary Scott Bessent said Sunday that President Donald Trump and Chinaâs leader, Xi Jinping, could this week âconsummateâ a long-anticipated deal to keep TikTok operating in the U.S., as the leaders prepare to meet Thursday in South Korea. President Trump recently ... Read more âș
28
SoftBank is set to complete its $30 billion investment in OpenAI, after its board approved a $22.5 billion second installment on the deal, The Information reported. The remainder of its investment is contingent on OpenAIâs corporate restructuring, which would pave the way for a public offering ... Read more âș
27
Payments tech giant Fiservâs stock collapsed 45% on Wednesday morning after the company slashed its revenue growth outlook for 2025 and announced a management shakeup. Fiserv, whose Clover payments service competes with companies such as Square, reported 1% revenue growth for the third quarter ... Read more âș
26
Defense tech company Anduril expects to burn through $800 million to $900 million in cash this year in an aggressive bid to win giant Pentagon contracts. Investors big and small are unperturbed, lining up to back the fast-growing seller of drones, missiles and border surveillance towers. The company appears to be the most coveted stock in the private markets, with small investors on the secondary market willing to pay nearly... Read more âș
23
Microsoft last year got more aggressive about getting people to pay up for artificial intelligence features in its Office productivity suite, such as those that draft emails or summarize documents. It began including AI features by default and raising the baseline price of Office for individual consumers by 30%. The maneuver paid off, as revenue from that business line has been growing at its fastest rate in years. Read more âș
23
One August morning, Kaarage woke up and took the train from the Japanese countryside into the city. She went to a restaurant and enjoyed a lunch of vegetables and soup, as well as an iced coffee. Afterward, she studied a musical score on her iPad, then went home to relax. Kaarage is not a person: Sheâs an internet-beloved Moflin, an AI-powered robopet made by Casioâyes, Casioâwho shares a charming, bucolic... Read more âș
22
Netflixâs quarterly earnings reports have lately lacked the drama that once made the updates a must-watch for investors and reporters. For the past eight quarters, the video streamer has routinely posted quarterly revenue growth averaging around 15%âhardly hypergrowth but a big improvement on the 2% to 4% growth rate it recorded between late 2022 and late 2023. Nowadays the results are so predictable that it would be easy to tune... Read more âș
21
Most popular sources
Business Insider
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50% 24 |
Tom's Hardware
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9% 1 |
Slashdot
|
7% 4 |
Mashable
|
6% 4 |
Eurogamer.net
|
4% 4 |
| View sources » | |
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02.11.2025 10:17
Last update: 10:05 EDT.
News rating updated: 17:11.
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