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When companies typically go public, they appoint one or two investment banks to oversee everything—from valuing the company to lining up investors. That’s not how Elon Musk plans to handle the upcoming SpaceX giant’s initial public offering.
The rocket and AI firm has discussed dividing up roles among a larger group of investment banks, according to people familiar with the discussions. Executives have told people involved in the deal they’ve considered having Morgan Stanley and Goldman Sachs focusing on a
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An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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The end of app-hopping: How embedded services are redefining the customer experience Read more ›
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Skift Global Forum is built for senior travel leaders making decisions in a market that no longer rewards passive observation. The agenda sets the frame. The room tests the assumptions. The value comes from hearing what leaders are willing to say before the market has settled on a consensus. Read more ›
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Traditional air defenses were primarily built to deal with much larger and faster missile and aircraft threats, rather than drones. Read more ›
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Google is in advanced discussions with SpaceX to launch AI data centers into orbit, according to a report from the Wall Street Journal. The talks reveal how far Big Tech is willing to go to secure the massive computing capacity ... Read more ›
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My round-trip Seastreak ferry ride to Martha's Vineyard, an island in New England, was efficient. and a great value for a day trip in Massachusetts. Read more ›
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AI cloud firm Nebius’ revenues rocketed 684% to $399 million in the first quarter, the company reported Wednesday morning, reflecting the explosion of demand for AI neoclouds’ computing capacity. But Nebius, like fellow neocloud CoreWeave, is burning cash. Its capital expenditures jumped to ... Read more ›
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The Punisher TV special has drawn plenty of fan ire for its persistent sound issues and "hilarious" visual effects. Read more ›
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Rivals season 2 is pressing ahead on Hulu and Disney+ with one stark missing ingredient: author Jilly Cooper. But even in the days before her death, she was giving script notes to showrunners. Read more ›
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The inline-six automotive engine does indeed offer several general advantages over a V6, but there are some I6 engines that are notoriously problematic. Read more ›
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Hotel owners see operating-cost inflation grinding margins. One third-party manager is publicly betting that AI and other technologies are the most promising route back to profitability. Read more ›
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US startups raised $20.80 billion across 442 deals in April 2026, up 63.9% in capital and 21.1% in deal count from April 2025. AI companies took 73 cents of every venture dollar deployed. Defense, nuclear energy, and semiconductor companies filled out the top 10 largest deals of the month, signaling that the next wave of institutional capital is flowing into hardware and infrastructure at scale. Read more ›
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Nvidia CEO Jensen Huang got a last-minute invitation to join President Donald Trump’s trip to China, Trump revealed in a Truth Social post. After reports surfaced that Huang had been left out of a trip that included many other tech executives, including Elon Musk and Apple CEO Tim Cook, Trump ... Read more ›
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With the Switch 2 getting a price hike in September, this holiday season will be pivotal for Nintendo. That increased cost means that the company will rely heavily on new games to sell its current console - but as of right now the lineup for the second half of the year is sparse. However, without […] Read more ›
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PayDo partners with BVNK to add stablecoin payments, enabling faster pay-ins, payouts and checkout with seamless fiat settlement. Read more ›
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У вас небольшой релиз. Вы меняете пару строк кода, выкатываете обновление - и через несколько минут сервис начинает отдавать странные ошибки. Баги появляются в местах, которые вы вообще не трогали.Знакомо?Обычно проблема не в конкретном изменении, а в архитектурной связанности системы: инфраструктурные детали начинают протекать в бизнес-логику, и зависимости между компонентами становятся слишком плотными.Разберём это на примерах. Примеры будут псевдореальные, иначе статья быстро превратится в книгу.Посмотри Read more ›
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Uncharted 4: A Thief's End recently celebrated its 10th anniversary, and to mark the occasion YouTuber Thekempy has released a deep dive exploring what Amy Hennig's original version of the game could have looked like. Read more Read more ›
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In recent months, a lot of discussion has centered around the rising costs of AI, with even large, sophisticated public companies like Uber blowing through their 2026 AI budgets in a matter of months.Even venture capitalists are feeling the pain. One partner at a large fund told me that they previously gave five of their staffers enterprise Claude accounts to help them with their work. In recent weeks, those usage-based... Read more ›
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When SpaceX hits the market, likely next month, Elon Musk’s fans will rush to buy shares no matter what the valuation. A few months later, a far different group of investors might also scramble to get shares, and they’ll also buy at any price.Index funds, the favorites of savvy, cost-conscious investors, might be forced to load up on SpaceX shares late this year if proposed rules make it easier for... Read more ›
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Uber reported steady growth in the first quarter, with gross bookings—the dollar value of all transactions on the service—rising 25%, although only 21% on a constant currency basis. Uber’s free cash flow was essentially flat at $2.286 billion. An accounting change in the UK, relating to how ... Read more ›
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Anthropic has struck a deal to use all of the compute capacity from xAI’s first data center in Memphis within the coming month, the company said on Wednesday. The data center, known as Colossus 1, has 300 megawatts of capacity and more than 220,000 Nvidia chips. xAI also said the companies had ... Read more ›
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After years of mostly tumbleweeds, the initial public offering market is about to enter one of its most exciting and potentially volatile eras. SpaceX—with a valuation expected to exceed $1 trillion—is widely anticipated to go public as soon as June, with companies like Anthropic and OpenAI potentially not far behind. As a historic wave of supply hits the market, the mechanics that underpin public trading are about to be pressure-tested.... Read more ›
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DoorDash reported 33% growth in revenue, to $4 billion, a slowdown from the fourth quarter but still several percentage points higher than the growth rate the food-delivery firm had reported for most of last year. The strong growth reflected the acquisition in October of the European ... Read more ›
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Warner Bros. Discovery’s revenues fell 3% in the first quarter, the entertainment firm reported Wednesday, highlighting the challenges facing the Ellison family’s Paramount Skydance, which plans to buy WBD later this year. WBD’s streaming operations, including HBO Max, reported 7% higher ... Read more ›
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Nvidia is partnering with Corning, which manufactures glass used in smartphones as well as optical fiber and hardware components for data centers, to build three new factories in North Carolina and Texas focused on optical technologies. As part of the arrangement, Corning has issued Nvidia ... Read more ›
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Snap’s revenue growth accelerated to 12% in the first quarter, lifted by strong growth in the social media firm’s small subscriptions business. Advertising, which contributes the bulk of Snap’s revenue, grew just 3%, a slower rate than the previous quarter. The anemic growth in advertising ... Read more ›
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Elon Musk once offered Sam Altman a seat on Tesla’s board of directors as part of discussions about OpenAI possibly joining Musk’s electric vehicle company, a Musk ally testified on Wednesday. Shivon Zilis, who has worked for several of Musk’s ventures and has four children with the tech tycoon, ... Read more ›
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13.05.2026 09:54
Last update: 09:45 EDT.
News rating updated: 16:41.
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