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]

Asian stocks have seen heavy foreign outflows so far in March as disruptions to Middle East energy supply from the U.S.-Israeli war with Iran stoked fears of an oil shock and stagflation risks. ...

South Korea's SK Hynix is considering raising 10 trillion to 15 trillion won ($10.03 billion) through a potential U.S. listing, aiming to expand production capacity for advanced memory chips, the Ko... ...

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The company is starting to monetize its gaming ecosystem through game publishing, selling in-game items and providing other related servicesimage credit: Bamboo WorksKey Takeaways:Huya's latest results show its long-promised shift beyond livestreaming is starting to show up in its financialsFor investors, the real bet is not on one breakout title, but on whether Huya can repeatedly monetize games using its streamers, tournaments, publisher ties and content ecosystemAfter three years of falling revenue, live ...

Why is Broadcom warning of tighter supply in AI hardware? Why is Broadcom warning of tighter supply in AI hardware? Artificial intelligence Author Diya Poddar Mar 24, 2026, 07:34 AM The rapid expansion of artificial intelligence infrastructure is beginning to test the limits of the global semiconductor ecosystem, with Broadcom pointing to growing constraints across key supply chains. The company said pressure at Taiwan Semiconductor Manufacturing Company is now affecting production timelines, while shortage ...

The consumer-electronics company lowered its financial expectations and pulled midterm guidance after sales of its Beosound Premiere soundbar disappointed. ...

Alstom has secured a 380 million euros (437 million dollars) contract to upgrade and refurbish the Skyway automated people mover (APM) system at Houston Intercontinental Airport (IAH) and extend operations and maintenance services for 15 years.New fleet of Innovia APM R vehicles and upgraded station infrastructure to increase capacity and improve the passenger experience.Dedicated 48‑person operations and maintenance team to support reliability amid the airport’s major expansion program. 24 March 2026 – Als ...

Alstom has secured a 380 million euros (437 million dollars) contract to upgrade and refurbish the Skyway automated people mover (APM) system at Houston Intercontinental Airport (IAH) and extend operations and maintenance services for 15 years.New fleet of Innovia APM R vehicles and upgraded station infrastructure to increase capacity and improve the passenger experience.Dedicated 48‑person operations and maintenance team to support reliability amid the airport’s major expansion program. 24 March 2026 – Als ...

Focused on selective acquisitions of high-quality companies in strategic industrial sectorsMILAN, March 24, 2026 (GLOBE NEWSWIRE) -- Genenta Science S.p.A. (Nasdaq: GNTA) transforming to Saentra Forge1, a strategic industrial consolidator focused on biotech, defense, aerospace, and Italian national-security-related technologies, today announced that, with respect to its biotechnology platform, Genenta has been and continues to be actively engaged with DC Advisory to explore potential collaboration opportuni ...