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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]
Mowi ASA: Integrated Annual Report 2025
Globenewswire· 2026-03-25 05:30
Mowi has today published its 2025 Integrated Annual Report, including sustainability reporting and complete 2025 annual accounts with notes. The integrated report is attached, available in European Single Electronic Format (ESEF) and has been published on www.mowi.com/investors/reports/ This information is subject to the disclosure requirements pursuant to section of 5-12 of the Norwegian Securities Trading Act. Attachments Mowi Annual Report 2025 mowi-2025-12-31-1-en ...
Mowi ASA: Integrated Annual Report 2025
Globenewswire· 2026-03-25 05:30
Mowi has today published its 2025 Integrated Annual Report, including sustainability reporting and complete 2025 annual accounts with notes. The integrated report is attached, available in European Single Electronic Format (ESEF) and has been published on www.mowi.com/investors/reports/ This information is subject to the disclosure requirements pursuant to section of 5-12 of the Norwegian Securities Trading Act.          Attachments ...
Academy Sports and Outdoors: Waiting For More Proof That Consumer Traffic Will Return
Seeking Alpha· 2026-03-25 05:17
I wrote about Academy Sports and Outdoors ( ASO ) previously with an upgrade to a buy rating as the underlying demand has gotten better and the strategy of opening new stores is working. As forI am an individual investor that is now fully focus on managing my own capital that I have saved up over the years. My investing background spreads across a wide spectrum as I believe there are merits to each approach, for instance: Fundamental investing [Bottoms-up etc.], Technical investing [historical charts analys ...
Yimutian Inc. Announces Resignation of Independent Director
Globenewswire· 2026-03-25 05:17
BEIJING, March 25, 2026 (GLOBE NEWSWIRE) -- Yimutian Inc. (NASDAQ: YMT) (the “Company”) announced that Junchen Sun, an independent director of the Company’s Board of Directors, has resigned from the Board, effective March 17, 2026. Mr. Sun’s decision to resign is due to personal reasons. The Company and the Board would like to thank Mr. Sun for his service and contributions to the Company during his tenure on the Board. The Nominating and Corporate Governance Committee of the Board will oversee the process ...
Exor N.V. 2025 Q4 - Results - Earnings Call Presentation (OTCMKTS:EXXRF) 2026-03-25
Seeking Alpha· 2026-03-25 05:00
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Booking Holdings: Market's AI Fear Creates A Strong Buying Opportunity (Rating Upgrade)
Seeking Alpha· 2026-03-25 05:00AI Processing
I've been researching companies in-depth for over a decade, from commodities like oil, natural gas, gold and copper to tech like Google or Nokia and many emerging market stocks, which I believe could help me provide useful content for readers. After writing my own blog for about 3 years, I decided to switch to a value investing- focused YouTube channel, where I researched hundreds of different companies so far. I would say my favorite type of company to cover are metals and mining stocks, but I am comfortab ...
Could Supermicro's Latest Crisis Create a Buying Opportunity in 2026? Here's What the Evidence Says
The Motley Fool· 2026-03-25 05:00
Super Micro Computer (SMCI +2.94%) has surged more than 460% over the past five years. However, it hasn't come without stomach-churning volatility along the way. That's at least partly due to the company's tendency to find itself embroiled in controversy.Most recently, the U.S. Justice Department indicted three company employees, including one of the company's co-founders, on charges of conspiring to smuggle $2.5 billion in Nvidia GPU artificial intelligence (AI) chips to China, in violation of the Export C ...
Mitsubishi Electric Invests in AI Startup Sakana AI
Businesswire· 2026-03-25 05:00
Mitsubishi Electric Invests in AI Startup Sakana AI Mar 25, 2026 1:00 AM Eastern Daylight Time Mitsubishi Electric Invests in AI Startup Sakana AI Share Targeting solutions that use AI foundation-model technologies to address social challenges TOKYO--(BUSINESS WIRE)-- Mitsubishi Electric Corporation(TOKYO: 6503) announced today that it has invested in Sakana AI Inc., a Japan-based AI startup that develops nextgeneration AI-foundation models. Through this collaboration, Mitsubishi Electric aims to create new ...
Some Meta employees were told to work remotely for the day as layoffs loom
Business Insider· 2026-03-25 04:52
Some Meta employees received a message on Tuesday night directing them to work remotely on Wednesday, two sources who received the email told Business Insider. Employees in Meta's wearables and ads divisions got the notes, said the two sources. The short HR email said leadership would share more information.Meta's wearables unit, which includes AI glasses and its augmented reality business, is one of the company's "several key investment areas" for 2026, per its latest earnings report. A spokesperson for M ...