Core Insights - Rippling, an HR software startup, raised $450 million in Series G funding, achieving a valuation of $16.8 billion, focusing on global revenue growth over immediate profitability [1][4][5] Funding and Valuation - The funding round included participation from notable investors such as Y Combinator, Elad Gil, Sands Capital, GIC, and Goldman Sachs Growth [2] - The new valuation of $16.8 billion marks an increase from the previous valuation of $13.5 billion in early 2024 [4] Employee Equity and IPO Plans - Rippling plans to repurchase up to $200 million of equity from current and former employees through a tender offer, which may become an annual event [2][3] - The CEO stated that the company does not have immediate plans for an IPO, emphasizing the need for profitability before considering going public [4][6] Business Performance and Strategy - Rippling has surpassed $100 million in annual recurring revenue and serves over 20,000 customers with a suite of more than 20 products [5] - The company is prioritizing growth over profitability, indicating a strategic choice to expand rapidly rather than slow down for immediate profit [6] Legal Challenges - Rippling is involved in ongoing legal disputes with competitor Deel, including allegations of corporate espionage, which have raised questions about competitive practices in the tech industry [7][8]

The team, MRS Research, is part of Meta Recommendation Systems, which runs the home feeds in Meta's apps, and the unit has already drawn talent from TikTok and Amazon. MRS builds the algorithms that determine what kinds of content people see and works closely with the company's Ads division. MRS Research formed as part of an October reorganization within MRS to bring relevant teams together, a Meta spokesperson said. Such a team had already existed under other forms over the past few years, they added. Meta ...

Shares of Nike fell sharply in after-hours trading after the company warned of a decline in current-quarter revenue, underscoring persistent challenges in its key China market and an uneven turnaround... ...

Dianthus Therapeutics, Inc. (DNTH) shares soared 5.6% in the last trading session to close at $83.92. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 43.8% gain over the past four weeks.This rise in share price is attributed to positive investor expectations around its pipeline. The stock has been surging over the past month after the company announced an early “GO” decision in the late-stage CAPTIVATE study evaluating clasepruba ...

ToplineU.S. stock futures ticked up while markets in Asia and Europe soared on Wednesday morning amid renewed optimism about the Iran war ending soon after President Donald Trump said American forces will withdraw from Iran in two to three weeks.Markets in Asia and Europe soared amid optimism about the war ending soon.AFP via Getty ImagesKey FactsIn early trading on Wednesday, the Dow Futures index rose 0.43% to 46,780 points, while the benchmark S&P 500 Futures rose 0.5% to 6,604 points—continuing a rally ...

2025 Sustainability Statement: Tarkett delivers concrete climate progress, cutting value-chain emissions by 27% in line with its 2030 goals PARIS, FRANCE, April 1st 2026 – Tarkett, a world leader in innovative and sustainable flooring and sports surface solutions, released today its 2025 Sustainability Statement, audited by independent third parties and published in full compliance with the EU CSRD (Corporate Sustainability Reporting Directive) legislation. “The impacts of climate change are becoming in ...

Novo Nordisk rose as much as 4% after England's drug price regulator recommended the use of its best-selling drug Wegovy to prevent heart attacks and strokes. Wegovy is mainly a weight loss treatment but it is also approved for reducing the risk of major cardiovascular events in people living with overweight or obesity. The new recommendation the National Institute for Health and Care Excellence (NICE), England's drug price regulator, will significantly expand access to Wegovy on the country's National Heal ...

A Baidu Inc. Apollo Go autonomous driving electric vehicle displayed at the International Automotive and Supply Chain Expo in Hong Kong, June 12, 2025.Baidu's Apollo Go robotaxis reportedly stopped mid-traffic, trapping passengers and resulting in highway collisions on the streets of the Chinese city of Wuhan on Tuesday, according to videos shared on social media.The incident was confirmed by a statement published on the official Weibo account of the Wuhan local traffic police department, which acknowledged ...

President Donald Trump and Iranian President Masoud Pezeshkian both suggested the conflict could end soon ...

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