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Initial public offerings were once about financing a tech company’s future hopes and dreams. More and more, however, IPOs are about looking backward—paying down debt or allowing early backers to sell some of their shares.
Take ServiceTitan, which makes business software for tradespeople and is set to go public Thursday on the Nasdaq. The company plans to use around half of the about $625 million it is raising to repay costly preferred stock issued a couple years ago when raising regular equity was difficul
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The Information
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 upcoming Samsung Galaxy S27 has now been spotted in the GSM Association's IMEI database. This confirms its name and its model number, that is SM-S952 with a letter affixed to that, which signifies which market(s) it's intended for. The specific model in the IMEI database is the SM-S952U, as you can see in the screenshot below. This one is going to US carriers. Of course, having this confirmation that... Read more ›
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Can OpenAI do anything simply? Many companies, when publicly acknowledging the possibility of an IPO, emphasize that the final decision will depend in part on “market conditions.” That’s what OpenAI’s rival Anthropic did last week. But the ChatGPT firm chose to be more cryptic. Revealing its confidential IPO filing on Monday, OpenAI said it might hold off on its debut for a while “because there are things we want to... Read more ›
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Rivian’s R2 blends smart cost-cutting engineering with strong performance, off-road capability, and premium feel, making it a compelling new contender in the crowded mid-range electric SUV market. Read more ›
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Australia’s end-of-financial-year sales are a good time to pick up a new phone for less if you’re in the market for an upgrade. Read more ›
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Transaction is one of the largest private credit fundraisings, fuelling Claude maker’s AI growth plans Read more ›
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Have you ever seen a 17.3 mph limit and wondered if it was a typo? Discover the surprising reason some traffic signs use such weird numbers. Read more ›
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Parents want one thing, and one thing only, out of AI: to add a list of soccer games or "spirit week" theme days from an email or a poorly formatted flyer onto their calendar in one shot. And I have good news for parents with iPhones - the new Siri can finally do this. After […] Read more ›
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Ukraine claims allied funding could help produce millions of military drones annually while expanding deep strike operations inside Russia. Read more ›
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Здравствуй, брат по (надеюсь) уму‑разуму!Начитался и насмотрелся я в интернете всяких сайтов и сервисов, и были там статьи про один очень страшный вирус в игре «Смешарики. Компьютер Ёжика». И решил я затеять одно дельце: пересказать эту легенду максимально подробно. И затеял…Короче, я публикую полную версию пересказа легенды об игре «Смешарики. Компьютер Ёжика». В эту версию входят сразу 2 части легенды — про 1-й и про 2-й вирус… Хочешь стать смелым?... Read more ›
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Одна из моих IP камер перестала сохранять настройки для FTP сервера и перестала в него писать. В остальном она работает, поток RTSP смотреть можно. Камера писала в формате DAV, а роутер будет писать как получится. Роутер тот самый, что пишет онлайн радио в себя и делает другие безобразия. Надо бы ему, наверно, уже имя дать. А получится так: rtsp из камеры, в бесплатное облако, из облака m4s куски в роутер... Read more ›
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For decades, US sunscreens lagged behind formulas in Europe and Asia. Now, a new FDA-approved ingredient is helping America catch up. Read more ›
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Если вы пользовались моим LxBox или десктопным лаунчером, то могли натыкаться на оранжевый баннер: «с этим узлом, скорее всего, не соединится». Так клиент честно сознаётся, что наткнулся на узел с транспортом XHTTP, а ядро sing-box, на котором всё крутится, его не умеет. В этот момент лаунчер тихо даунгрейдит конфиг до HTTPUpgrade.А еще сразу как я выпустил приложение пришли запросы с AWG/AWG2 и такие: сделай! а я сюдаВ какой-то момент я... Read more ›
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Claude Fable 5 рвет конкурентов в кодинге и текстах. Полный обзор, как пользоваться новой нейросетью, зачем ей 1 млн токенов и как получить доступ из России. Читать далее Read more ›
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Munich-area startup ERC System has unveiled Victor, an uncrewed hybrid-electric cargo eVTOL designed for defence, logistics, and disaster response, at ILA Berlin 2026. The company says the aircraft can carry a 250kg payload over a range of 300km at a cruise speed of 250km/h. ERC System is targeting first deliveries in 2028. Victor uses a […] This story continues at The Next Web Read more ›
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It may not seem like it now, as we barrel toward SpaceX’s public debut this week, but not every initial public offering will involve a $1.75 trillion rocket-ship company. Soon enough, public investors may get to judge a much more down-to-earth business: school bus fleets. Sequoia Capital-backed Zum, known for using its electric school buses to shuttle kids to class in school districts including Los Angeles and San Francisco, has... Read more ›
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Looking for NYT Strands answers and hints? Here's all you need to know to solve today's game, including the spangram. Read more ›
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Looking for Quordle clues? We can help. Plus get the answers to Quordle today and past solutions. Read more ›
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The Information
Walmart is trying to make its Sparky assistant smarter and more capable for shoppers by collecting more real-world data on how people shop inside its 3,500-plus U.S. superstores. Gathering more in-store information has been a focus for the company since Sparky launched about a year ago, said Hari Vasudev, Walmart’s U.S. chief technology officer, and the retailer plans to expand those efforts. That could include tracking when shoppers talk with... Read more ›
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OpenAI’s Codex—which was once pitched as a coding agent for developers and is now being framed as a more general-purpose agent for knowledge workers—is having a moment, as OpenAI chief revenue officer Denise Dresser put it on Tuesday. As I wrote about in this story from Tuesday, lots of developers are making the switch from Anthropic’s more popular Claude Code tool to Codex, as OpenAI has made its models and... Read more ›
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Employee engagement and satisfaction surveys sound simple: Ask your workers about their experience, and then see what they have to say. But in practice, these survey cycles often turn into months-long marathons, with HR teams sometimes taking weeks to agree on the right questions and then manually combing through messy, unstructured data after the results come in. By using Gemini as both a brainstorming partner and a data assistant, HR... Read more ›
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Google’s parent company Alphabet said on Wednesday that it was increasing the size of its equity raise to $84.75 billion from $80 billion. The bulk of the money—Google’s first time selling new stock since 2005—is earmarked for spending on AI infrastructure and compute, highlighting the cost of ... Read more ›
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Meta Platforms is expanding its AI agent offerings for businesses as part of its broader push to monetize AI products and services. At its Conversations business messaging conference on Wednesday, Meta announced it is bringing Meta Business Agent to Instagram and launching the Meta Business ... Read more ›
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Alphabet’s plan to sell $80 billion worth of shares, billed as a way to pay for AI infrastructure and compute, is surprising enough, given the capital raise’s size and the fact that the company last raised equity 21 years ago, when Gwen Stefani’s “Hollaback Girl” was the song of the summer. But there’s another eye-catching detail in the offering’s fine print that reflects an underappreciated reality of big tech’s AI... Read more ›
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Stripe, Visa, Mastercard and Coinbase are planning to form a consortium to issue a new stablecoin, according to people familiar with the matter, seeking to challenge the dominance of Circle and Tether, the two biggest issuers that make up 80% of market share currently. The new stablecoin will be ... Read more ›
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Nvidia has bought Kumo AI, a five-year-old startup that sells predictive AI software to enterprises, for more than $400 million, said a person with knowledge of the deal. The acquisition, first revealed by an Nvidia executive in a LinkedIn post on Tuesday, should expand Nvidia’s roster of AI models that can be optimized for Nvidia hardware and offered to enterprises for further customization. Read more ›
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Meta Platforms is considering charging up to $200 a month for its planned consumer version of the OpenClaw AI agent tool, according to internal documents, an ambitious target that would rival top tier offerings from established AI giants. The product, currently called Hatch, could launch with tiered pricing including the $199.99 premium subscription that would include higher usage limits, according to the documents reviewed by The Information and a person... Read more ›
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Broadcom reported 48% higher revenue for its second fiscal quarter, ended May 3, as its AI chip revenue jumped 143% to $10.8 billion. Overall revenue of $22.187 billion was roughly in line with the company’s projection issued in early March. Broadcom has benefited from growing efforts by ... Read more ›
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09.06.2026 20:35
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