More than 191,000 workers at U.S.-based tech companies were laid off in mass job cuts in 2023, per a Crunchbase News tally, and the cuts have continued into 2024. See who the latest companies are to cut roles.
Public Markets
Shares of data security and management company Rubrik rose 21% in early trading Thursday, marking the latest large software debut in an IPO market...
With Microsoft-backed data security firm Rubrik set to enter the public market this week, talk about the rejuvenated IPO market has returned as many...
Microsoft announced a $1.5 billion strategic investment in United Arab Emirates-based artificial intelligence firm G42 — the biggest new round to go...
Altogether, venture funding in American and Canadian companies totaled $35.2 billion in Q1 of 2024, per Crunchbase data. That’s a gain of 14% from...
According to Augment, a new secondary markets platform that connects buyers and sellers of shares in private companies, interest is particularly hot...
The Microsoft deal with Inflection AI — seemingly framed in a way to get around any regulatory hurdles since it is not officially an acquisition —...
Hardly any companies that had a SPAC debut during the boom have held on to high valuations. Many have filed for bankruptcy, shuttered or are worth a...
Shares of Reddit closed up 48% in their New York Stock Exchange debut on Thursday, a day after the company raised $519 million in an IPO that priced...
Shares of Astera Labs closed up more than 72% on Wednesday, after the company raised $713 million in an initial public offering that priced well...
Reddit’s IPO will be closely watched for a number of reasons.
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