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HR tech firm Rippling raises new funding at $16.8 billion valuation, no IPO plans
Reuters· 2026-05-09 17:02AI Processing
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]
MREO FINAL DEADLINE: ROSEN, HIGHLY RANKED INVESTOR COUNSEL, Encourages Mereo BioPharma Group plc Investors with Losses in Excess of $100K to Secure Counsel Before Important April 6 Deadline in Securities Class Action - MREO
TMX Newsfile· 2026-03-31 02:58
New York, New York--(Newsfile Corp. - March 30, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of American Depositary Shares ("ADS") of Mereo BioPharma Group plc (NASDAQ: MREO) between June 5, 2023 and December 26, 2025, inclusive (the "Class Period"), of the important April 6, 2026 lead plaintiff deadline.SO WHAT: If you purchased Mereo ADSs during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingen ...
ROSEN, A LEADING LAW FIRM, Encourages monday.com Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – MNDY
Globenewswire· 2026-03-31 02:43AI Processing
NEW YORK, March 30, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of monday.com Ltd. (NASDAQ: MNDY) between September 17, 2025 and February 6, 2026, both dates inclusive (the “Class Period”), of the important May 11, 2026 lead plaintiff deadline. SO WHAT: If you purchased monday.com common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrange ...
ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Coty Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - COTY
TMX Newsfile· 2026-03-31 02:39
New York, New York--(Newsfile Corp. - March 30, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of Coty Inc. (NYSE: COTY) between November 5, 2025 and February 4, 2026, inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 22, 2026.SO WHAT: If you purchased Coty common stock during the Class Period you may be enti ...
JetBlue hikes fees for checked bags, citing 'rising operating costs'
Business Insider· 2026-03-31 02:30
If you're flying with checked luggage, your next JetBlue trip is about to get pricier. JetBlue told Business Insider in a statement on Monday that it implemented fee changes after "careful consideration.""As we experience rising operating costs, we regularly evaluate how to manage those costs while keeping base fares competitive and continuing to invest in the experience our customers value," said a spokesperson for JetBlue. "Adjusting fees for optional services used by select customers, such as checked bag ...
ROSEN, A GLOBALLY RECOGNIZED FIRM, Encourages Concorde International Group Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action - CIGL
TMX Newsfile· 2026-03-31 02:27
New York, New York--(Newsfile Corp. - March 30, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Concorde International Group Ltd. (NASDAQ: CIGL) between April 21, 2025 and July 14, 2025, inclusive (the "Class Period"), of the important May 20, 2026 lead plaintiff deadline.SO WHAT: If you purchased Concorde securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arr ...
Union workers ratify contract at Exxon Louisiana complex, sources say
Reuters· 2026-03-31 02:26
Union workers ratify contract at Exxon Louisiana complex, sources say | Reuters Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, U.S., May 15, 2021. REUTERS/Kathleen Flynn Purchase Licensing Rights, opens new tab Exxon Mobil Corp Follow Marathon Petroleum Corp Follow HOUSTON, March 30 (Reuters) - Union workers at Exxon Mobil's (XOM.N), opens new tabrefining and chemical plant complex in Bat ...
Universal Music Group: Valuation Has Gotten Cheaper While Fundamentals Have Improved
Seeking Alpha· 2026-03-31 02:22
I'm a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in buying quality companies at a discount to their intrinsic value and holding them for the long haul, allowing them to compound their earnings and shareholder returns.Analyst’s Disclosure: I/we have no stock, option or similar derivative posit ...
ROSEN, THE FIRST FILING FIRM, Encourages Aldeyra Therapeutics, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - ALDX
Globenewswire· 2026-03-31 02:21
NEW YORK, March 30, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Aldeyra Therapeutics, Inc. (NASDAQ: ALDX) between November 3, 2023 and March 16, 2026, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 29, 2026 in the securities class action first filed by the Firm. ...
Indonesia summons Meta and Google over non-compliance with child social media curbs, minister says
Reuters· 2026-03-31 02:21
<!DOCTYPE html>Indonesia summons Meta and Google over non-compliance with child social media curbs, minister says | ReutersExclusive news, data and analytics for financial market professionalsLearn more aboutRefinitivItem 1 of 2 Affan Haritsah, 11 and Kevin Prince, 14, play games on their phones, as Indonesia's communications and digital information ministry implements restrictions against "high-risk" social media platforms, including Facebook, TikTok, and Roblox, in Depok, on the outskirts of Jakarta, Indo ...