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]
Seabridge Gold Files 2025 Annual Information Form, Year End Audited Financial Statements and MD&A
TMX Newsfile· 2026-03-26 23:56
Toronto, Ontario--(Newsfile Corp. - March 26, 2026) - Seabridge Gold (TSX: SEA) (NYSE: SA) has filed its Annual Information Form, Audited Consolidated Financial Statements and Management's Discussion and Analysis for the year ended December 31, 2025 on SEDAR+ (https://www.sedarplus.ca/home/). These documents are also available on the Company's website at https://www.seabridgegold.com/investors/financial- reports. Seabridge's Form 40-F will be filed shortly with the SEC on EDGAR (www.sec.gov/). The Company's ...
Review & Preview: Nasdaq In Correction
Barrons· 2026-03-26 23:55
A storm of negative headlines, in addition to Iran, sent a wide range of tech stocks tumbling. ...
Why the Verdict Against Meta and YouTube Could Change Social Media
Nytimes· 2026-03-26 23:52
In a landmark case, a jury found Meta and YouTube guilty of creating products that were addictive. Ryan Mac explains the outcome and what it could mean for tech companies going forward. ...
Judge Stays Pentagon's Labeling of Anthropic as ‘Supply Chain Risk'
Nytimes· 2026-03-26 23:52
The decision is an early victory for the artificial intelligence company in a rancorous legal battle with the Department of Justice. ...
TGI ADBUZZ Presents: EARTH WEEK MIAMI
Accessnewswire· 2026-03-26 23:50
TGI ADBUZZ Presents: EARTH WEEK MIAMI <!-- Twitter Tags --> <!-- Facebook Tags --> <!-- Injecting site-wide to the head --> <!-- End Injecting site-wide to the head --><!-- Inject secured cdn script --> <!-- ========= Meta Tags ========= --> <!-- PWA settings --> <!-- Add manifest --> <!-- End PWA settings --> <!--Add favorites icons--><!-- End favorite icons --> <!-- render the required CSS and JS in the head section --> <!-- loadCSS function header.jsp--> <!-- Google Fonts Include --><!-- loadCSS function ...
Southland Holdings (SLND) Reports Q4 Loss, Lags Revenue Estimates
ZACKS· 2026-03-26 23:45
Southland Holdings (SLND) came out with a quarterly loss of $4 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to a loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1,804.76%. A quarter ago, it was expected that this infrastructure construction company would post a loss of $0.21 per share when it actually produced a loss of $0.33, delivering a surprise of -57.14%.Over the last four ...
RR IMPORTANT DEADLINE: ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Encourages Richtech Robotics Inc. Investors to Secure Counsel Before Important April 3 Deadline in Securities Class Action Commenced by the Firm – RR
Globenewswire· 2026-03-26 23:45
NEW YORK, March 26, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Richtech Robotics Inc. (NASDAQ: RR) between January 27, 2026 and 12:00 PM ET on January 29, 2026, both dates inclusive (the “Class Period”), of the important April 3, 2026 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased Richtech securities during the Class Period you may be entitled to compensation without payment ...
Fed's Perli: Monthly Pace of Treasury Purchases Likely to Be ‘Significantly Reduced' After Mid-April
WSJ· 2026-03-26 23:38
The Federal Reserve is on track to significantly reduce its monthly purchases of government bonds after mid-April, according to Fed markets official Roberto Perli. ...
AI Sell-Off: Why I'm Pounding the Table on This Incredible Stock
The Motley Fool· 2026-03-26 23:37
The reality is that the market may be tired of AI, but the growth will likely continue at its current pace (and maybe even greater) for some time, probably through 2030. This momentum means that once investors get used to all of this AI spending, some of the biggest names in the space could be ready to rocket higher. Artificial intelligence (AI) stocks have had a rough go in 2026. The sector was likely due for a break after dominating the markets since 2023, but that doesn't mean there still aren't compelli ...