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Amazon Reseller Pattern Valued at $2.5 Billion in IPO
Amazon reseller Pattern reportedly raised $300 million Friday (Sept. 19) in its initial public offering and saw its shares close up 11%. Pattern sold shares at $14 in its IPO. Its stock ope...
Elon Musk Denies Report That xAI Is Raising Capital
Elon Musk denied a report that his artificial intelligence startup, xAI, is raising money. In a reply to a post on social platform X about a report that xAI was raising $10 billion at a $20...
Musk’s xAI reportedly seeking $10B in a new funding round
Elon Musk’s artificial intelligence startup xAI is pursuing $10 billion in funding at a $200 billion valuation, CNBC reported on Sept. 19. Sources told the news outlet that the funding proceeds will...
Synchrony to Promote Personal Finance Education With Investments and Employee-Led Effort
Consumer financing company Synchrony aims to promote personal finance education for K-12 students with a $1 million investment in nonprofit organizations and with an employee-led effort to share finan...
X Announces Investigation Over Employee Crypto Bribery Scandal
A major scandal has rocked X, the everything app, as official accounts alleged that crypto scammers attempted to bribe site employees. It’s unclear if any team members acquiesced. The platform is...
How MAGA Killed Foreign Influence Research, But Now Demands Social Media Stop Foreign Influence Campaigns
It’s fascinating how quickly the tune changes when the shoe’s on the other foot. For years, we’ve been treated to endless screaming about how any effort to identify and counter foreign manipulat...
Trump and China Suggest TikTok Deal Could Move Ahead in Vague Statements
The president told reporters Friday that China’s top leader, Xi Jinping, had approved a deal for TikTok. But he also suggested the agreement was a work in progress....
So… is there a TikTok deal or not?
China and the US have “made progress” on granting permission for ByteDance to sell TikTok to an American cons...
Bill Would Give The State Dept. The Ability To Deny Passports To Citizens Who Criticize Israel
This isn’t anything that actually needed to be done. The federal government has plenty of options at its disposal if it thinks someone is providing material support for terrorism. It’s one of thin...
Grayscale Launches Multi-Asset Crypto Exchange-Traded Product on NYSE Arca
Grayscale Investments said Friday (Sept. 19) that its multi-asset cryptocurrency exchange-traded product (ETP), Grayscale CoinDesk Crypto 5 ETF, has begun trading on NYSE Arca under the ticker symbol ...
Newswire > Tag: social
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