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StubHub files for IPO as companies start lining up to go public
The StubHub logo is seen in a former store in New York City on April 18, 2024. Michael M. Santiago | Getty Images StubHub, an online marketplace for reselling tickets, on Friday filed to go public on the New York Stock Exchange under the ticker symbol “STUB.” In its prospectus for an initial public offering, […]
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Crypto super PACs pump cash into Florida as GOP faces risk of thinning House majority
Florida CFO Jimmy Patronis delivers remarks before Gov. Ron DeSantis took to the stage during his Don’t Tread on Florida Tour in Sarasota on Nov. 6, ahead of the Nov. 8 midterm election, 2022. Tiffany Tompkins | Bradenton Herald | Tribune News Service | Getty Images Fresh off its victories in the 2024 election cycle, […]
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Why startups and tech giants are racing to build a practical quantum computer
Technology giants Amazon, IBM, Google, Intel and Microsoft are all working on quantum technology, as are various other companies like Rigetti, IonQ, Quantum Computing Inc. and D-Wave Quantum Inc. The latest entrant into the space is Nvidia, with CEO Jensen Huang announcing in March that the company will build a quantum computing research center in […]
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The Magnificent 7’s lousy year, by the numbers
Elon Musk attends the first cabinet meeting hosted by U.S. President Donald Trump, in Washington, D.C., U.S., Feb. 26, 2025. Brian Snyder | Reuters It’s been a painful year so far for megacap technology giants and 2025 is only getting started. Six members of the group are already tracking for significant year-to-date losses, led by […]
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X sues Modi’s government over content removal in new India censorship fight
Elon Musk’s account on X is displayed on a smartphone. Nathan Stirk | Getty Images News | Getty Images India’s IT ministry has unlawfully expanded censorship powers to allow the easier removal of online content and empowered “countless” government officials to execute such orders, Elon Musk’s X has alleged in a new lawsuit against New Delhi. The lawsuit and the allegations mark an escalation in an […]
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Buy now, pay later lender Klarna files for U.S. IPO
Pedestrians walk by an advertisement for Klarna. Daniel Harvey Gonzalez | In Pictures via Getty Images Klarna, a provider of buy now, pay later loans filed its IPO prospectus on Friday, and plans to go public on the New York Stock Exchange under ticker symbol KLAR. Klarna, headquartered in Sweden, hasn’t yet disclosed the number […]
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Meta’s Community Notes will use open-source technology from Elon Musk’s X
Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta’s upcoming Community Notes feature for monitoring misinformation through crowdsourcing will use some technology developed by Elon Musk’s X for its similar service. On Thursday, Meta revealed in a […]
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Meta goes to arbitrator to prevent whistleblower from promoting tell-all book
This photo illustration created Jan. 7, 2025, shows an image of Mark Zuckerberg, CEO of Meta, and an image of the Meta logo. Drew Angerer | Afp | Getty Images Meta is seeking to stop the promotion of a new memoir by a former staffer that paints the social media company in an unflattering light, […]
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Spotify says it paid nearly 1,500 artists $1 million or more in royalties for 2024 streams
In this photo illustration, the Spotify music app is seen on a phone on June 04, 2024 in New York City. Michael M. Santiago | Getty Images Spotify is minting music millionaires. Nearly 1,500 artists generated over $1 million in royalties from Spotify in 2024, the company said Wednesday in its annual Loud and Clear […]
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Reddit rallies after three-day slump as analyst calls selloff ‘excessive’
Reddit CEO Steve Huffman stands on the floor of the New York Stock Exchange (NYSE) after ringing a bell on the floor setting the share price at $47 in its initial public offering (IPO) on March 21, 2024 in New York City. Spencer Platt | Getty Images News | Getty Images Reddit shares rose more […]
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