Bending Spoons is continuing its trend of buying once-sought-after software companies for pennies on the dollar. This time, the Italian company is buying Miro for $1.36 billion in cash (equity value of $1.79 billion), a mighty dip in valuation for the once-hot workplace collaboration startup that was awarded a price tag of $17.5 billion in…
Bank of Korea to assess conditions to determine pace and timing of tightening, says board member
Morning Bid: Lagarde takes the spotlight as oil sits above $100
Dennis P. Calvert is the CEO of BioLargo, a cleantech company that commercializes technologies for energy and environmental challenges. gettyHow do you make the trek from breakthrough innovation to real-world impact? Innovation in healthcare and environmental science is often celebrated for the eureka moments of discovery. But what rarely gets equal attention is the long,…
Christian Stegh, CTO and VP of Strategy at eGroup Enabling Technologies. gettyJust as GenAI begins to show significant ROI, a new layer of complexity enters the equation. After hooking users with unlimited access, AI providers are implementing consumption-based billing for advanced capabilities such as coding assistants and AI agents. The AI subsidy era has ended,…
Cognition’s valuation multiple is higher than Cursor’s was before selling to SpaceX…
It’s one of my favorite affordable yard upgrades yet…
Sometimes founders search high and low for the right startup idea, while other times it comes to them. Federico Felici and Jonas Buchli are two of the lucky ones. Over and over again, they heard the same thing from fusion companies: “We would ideally buy many of the components to make our our control system,…
UK-based manufacturing software startup CloudNC announced a $20 million B extension round on Wednesday, bringing its lifetime total raised amount to $128 million. The company’s last major raise was four years ago, its co-founder and CEO Theo Saville told TechCrunch. Saville launched CloudNC in 2015 with Chris Emery, now the company’s chief science officer, and…
Erik Clarke is a business executive and chief financial officer from Denver, Colorado. gettyOne of the most common management mistakes in large organizations is confusing broad participation through collaboration with clear accountability and executive decision-making. Major initiatives often begin by assembling representatives from finance, operations, technology, legal and other functions. That collaboration is usually necessary,…
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