5 Business Trends That Generate the Most Profits in 2024-In the fast-paced world of business, staying ahead of emerging trends is crucial for maximizing profits. As we move into 2024, certain business trends are poised to offer significant opportunities for growth and profitability. Understanding and leveraging these trends can set your business apart from the […]
Cyber security startup Wiz reportedly rejects $23 billion acquisition proposal from Google
NEW YORK (AP) — Wiz has rejected a reported $23 billion acquisition proposal from Google parent Alphabet — as the cybersecurity startup pivots back to a previously-planned initial public offering, according to a company memo seen by CNBC and others. That ends the prospect of what would’ve been the most expensive acquisition in Google’s 25-year […]
Software Firm Vanta Has Raised New Funding At $2.5 Billion Valuation
Ohio-born Christina Cacioppo, cofounder and CEO of Vanta, has led the software startup to a more than $2 billion valuation. She’s one of America’s richest self-made women. Katie Thompson Christina Cacioppo built her software startup Vanta around Midwestern values like thriftiness and not having a big ego–buying its coffee from Costco in bulk and not […]
Volkswagen Invests $5 Billion in EV Startup Rivian to Form Joint Venture
(Bloomberg) — Volkswagen AG is taking another swing in its long struggle to catch up with Tesla Inc., plowing $5 billion into a tie-up with the US company’s closest would-be rival, Rivian Automotive Inc. VW and Rivian are set to jointly develop battery-powered vehicles and software, a partnership that will give the German carmaker access […]
Nvidia Backs UK Self-Driving Startup Wayve in $1 Billion Round
(Bloomberg) — US chipmaker Nvidia Corp. is investing in Wayve Technologies Ltd., joining a $1.05 billion funding round for the UK startup that wants to get its autonomous-driving technology into cars. The raise — one of the largest ever for a European artificial intelligence company — was led by SoftBank Group Corp., with existing investor […]
$10 Billion Productivity Startup Notion Wants To Build Your AI Everything App
Notion cofounder Ivan Zhao captivated Silicon Valley investors and everyday consumers alike with a sleek productivity app that went so viral its servers crashed. Now, the profitable startup’s CEO sees a rare opening to break Microsoft and Google’s dominance in the workplace by going early and aggressive on AI. By Kenrick Cai, Forbes Staff Ivan […]