Databricks just closed one of the largest funding rounds ever, raising a staggering $10 billion in fresh capital. Naturally, technology investors were quick to ask what this means for the company’s highly anticipated IPO. During an event in San Francisco on Tuesday night, Databricks CEO Ali Ghodsi explained why he’s waiting until at least 2025…
Five years later sounds like a half-baked sequel to a well-known zombie flick franchise. But it’s a reference to how long it’s taken a data access complaint against Netflix to deliver a penalty decision in the European Union. The fine that’s — finally — been issued under the bloc’s General Data Protection Regulation (GDPR) is…
Japan’s exports rise faster than expected, helped by weaker yen
Kioxia’s shares rise in debut, valuing Japan chipmaker at $5.3 billion
US Congress lines up stopgap bill to avert partial government shutdown
What we know about the Sioux Falls mother charged with attempted murder
Hexa, a Paris-based startup studio that has launched dozens of B2B software companies, is sharing a list of its next batch of projects that are soon going to become independent startups. Hexa originally started its life in 2011 as eFounders, a startup studio focused on B2B software-as-a-service products…
Tyme Group, a South African fintech, has secured $250 million in a Series D round, pushing its valuation to $1.5 billion. The funding was led by Nu Holdings, which owns Latin America’s most valuable fintech NuBank, investing $150 million for a 10% stake. M&G Catalyst Fund invested $50 million…
In other EV news, an executive’s departure spells turmoil for a faltering EV startup…
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