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]

esVolta has secured $139.6m in project financing from MUFG Bank to support the construction and operation of the Boxcar Energy Storage project in Wylie, Texas, US. The facility, located north-east of Dallas, is designed to provide 150MW of power and 300 megawatt-hours (MWh) of energy storage to the Electric Reliability Council of Texas (ERCOT) market on completion. The financing arrangement includes a tax equity bridge loan, a construction loan, letters of credit and term loan facilities. esVolta has signed ...

Be Aware: The Most Common Retirement Mistake, According to an Expert Headlines about Social Security's trust fund running dry can stress even the most confident savers. For pre- retirees and retirees alike, it's easy to fear that decades of planning could unravel overnight. Find Out: The Realistic Minimum Retirement Savings Needed, According to Experts Read Next: 5 Clever Ways Retirees Are Earning Up To $1K per Month From Home The good news is that you don't need to predict Congress' next move to protect yo ...

The idea that anyone can develop a scaled social, video, music or marketplace business has been exaggerated, one analyst says. ...

The company said its bank net debt ratio improved to 1.2x from 1.6x , remaining within its stated comfort range of 1x–2x. Luceco also replaced its bank facilities during 2025, extending them to September 2028 with two one-year extension options to September 2030. On shareholder returns, the board recommended a higher dividend, including a final dividend of GBP 0.042 and a full-year dividend of GBP 0.06 , up 20% versus last year. Adjusted earnings per share were GBP 0.15 , also up 20% . Adjusted operating pr ...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVancouver, BC, March 25, 2026 (GLOBE NEWSWIRE) -- Bessor Minerals Inc. (TSXV:BST) ("Bessor" or the “Corporation”) would like to announce that further to its press release dated September 10, 2025, it has terminated the asset purchase agreement to acquire the Jagrite Graphite Project located near the Bella Coola area in British Columbia. ABOUT BESSOR MINERALS INC. Bessor’s focus is on exploration and development ...

Local Bounti Announces Fourth Quarter and Full Year 2025 Financial Results Accessibility StatementSkip Navigation Issued U.S. Patent for Computer Vision and AI-Driven Growing Optimization HAMILTON, Mont., March 25, 2026 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company currently servicing approximately 13,000 retail doors, today announced its financial results for the three and twelve months ended December 31, 2025. Kathle ...

Pharma giant Merck is buying U.S. biotech firm Terns Pharmaceuticals for $6.7 billion, the company said Wednesday.This is the third multibillion-dollar acquisition for Merck over the past year as the company looks to bulk up its portfolio ahead of its best-selling cancer drug Keytruda losing patent protection in 2028. Terns shares rose 5.3% while Merck stock was largely flat in premarket trading. This is breaking news. Please refresh for updates. ...

Beijing is weighing penalties for key figures at Manus, a Singapore startup with Chinese origins. ...

By Elizabeth Howcroft LONDON, March 25 (Reuters) - European stock indexes rose and oil prices were down on the day on Wednesday, after markets got a boost from reports that the U.S. is seeking a month-long ceasefire with Iran, even though Iran rejected the idea of negotiations. Derambure said that traders were positioning themselves to avoid missing out on a possible "relief rally", when markets rise on positive news, although she added that more convincing news will be needed for the move to be sustained. ...