Apollo does not want to be a member of a private equity consortium that buys the social media business but would provide funding in the form of preferred shares.
Go Deeper (2 min read)When a cybersecurity business in the United Kingdom went public last year, it promised to develop encryption technology that would shield the military industry, corporations, and consumers from the prying eyes of hyper-capable quantum computers.
Go Deeper (2 min read)Affirm, located in San Francisco, is a publicly traded financial technology startup. The company, which was founded in 2012, is a financial lender that provides consumers with instalment loans that they can use to finance purchases at the point of sale.
Go Deeper (11 min read)The cybersecurity business SailPoint Technologies announced on Monday that private equity firm Thoma Bravo will acquire it for $ 6.12B, in the latest deal that highlights the heightened interest in the security software market.
Go Deeper (2 min read)According to economists polled by The Wall Street Journal this month, the risk of the economy going into recession in the next 12 months is 28%, up from 18% in January and just 13% a year ago.
Go Deeper (3 min read)Most recently IPOed companies have seen their valuation cut in half in the last months. These include well-known companies like SoFi, Marqeta, Robinhood, Affirm and many other so-called FinTechs or SaaS companies.
Go Deeper (2 min read)On Wednesday, the Chinese government signaled support for the listing of Chinese companies abroad and that its crackdown on technology companies would end soon.
Go Deeper (2 min read)EQT is a global investment firm created in 1994 that focuses on investing in, developing, and owning businesses in a variety of geographies, industries, and business models.
Go Deeper (10 min read)Russia and Ukraine produce the majority of the raw materials used in chip manufacturing. Both neon gas, which is used to feed lasers that print circuitry onto silicon, and palladium, which is utilized in subsequent production stages, are abundant in the countries.
Go Deeper (2 min read)According to a Western official and a US diplomat, the US has knowledge that China has expressed some interest in giving Russia with requested military and financial aid as part of its attack on Ukraine.
Go Deeper (3 min read)Google is paying $5.4 billion to acquire cybersecurity firm Mandiant Inc, a purchase that could have a "ripple effect" as cloud competitors Microsoft and Amazon ratchet up their attempts to secure the fast-growing industry.
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