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]
Bank of America Agrees to Pay $72.5 Million to Settle Epstein Lawsuit
WSJ· 2026-03-27 23:58
Leon Black used Bank of America while paying Epstein $170 million, according to the lawsuit. ...
Naughty Ventures Grants Options and RSUs
TMX Newsfile· 2026-03-27 23:52
Vancouver, British Columbia--(Newsfile Corp. - March 27, 2026) - Naughty Ventures Corp. (CSE: BAD) (FSE: 5DE0) (OTC Pink: BADVF) ("Naughty Ventures" or the "Company") is pleased to announce that, in connection with its 2025 Omnibus Incentive Plan, it has granted 2,400,000 Restricted Share Units ("RSUs") and 5,400,000 stock options ("Options") at an exercise price of $0.175 per common share, with a term of 5 years, to directors and officers of the Company. The RSUs vest twelve months from the date of issue, ...
"Rise" Selected as NASA Artemis II Moon Mascot
Accessnewswire· 2026-03-27 23:50
"Rise" Selected as NASA Artemis II Moon Mascot <!-- 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 ...
Talon Metals Reports Results for the Year Ended December 31, 2025
TMX Newsfile· 2026-03-27 23:37
Road Town, Tortola, British Virgin Islands--(Newsfile Corp. - March 27, 2026) - Talon Metals Corp. (TSX: TLO) (OTCID: TLOFF) ("Talon" or the "Company") reported a net loss for the year ended December 31, 2025 of $5.1 million or $0.05 per share (basic and diluted), which was primarily the result of administration expenses and a loss on an advance that was settled with shares. This compares to a net loss for the year ended December 31, 2024 of $2.3 million or $0.02 per share (basic and diluted), which was pr ...
Why Corcept Therapeutics Zoomed Nearly 9% Higher This Week
The Motley Fool· 2026-03-27 23:32
One of the top-performing healthcare stocks mid-week was Corcept Therapeutics (CORT 2.41%), and it was little wonder -- the company was granted U.S. Food and Drug Administration (FDA) approval for its leading drug candidate.The double-digit pop Corcept experienced wasn't sustainable, as some investors booked quick profits after learning of the nod. Still, the stock landed in positive territory, posting a gain of just under 9% over the course of the week, according to data compiled by S&P Global Market Intel ...
Knightscope, Inc. (KSCP) Reports Q4 Loss, Misses Revenue Estimates
ZACKS· 2026-03-27 23:32
Knightscope, Inc. (KSCP) came out with a quarterly loss of $0.92 per share versus the Zacks Consensus Estimate of a loss of $0.73. This compares to a loss of $0.78 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -26.03%. A quarter ago, it was expected that this company would post a loss of $0.72 per share when it actually produced a loss of $0.98, delivering a surprise of -36.11%.Over the last four quarters, the company has su ...
Here's What Key Metrics Tell Us About Bit Digital (BTBT) Q4 Earnings
ZACKS· 2026-03-27 23:32
For the quarter ended December 2025, Bit Digital, Inc. (BTBT) reported revenue of $32.34 million, up 23.9% over the same period last year. EPS came in at -$0.04, compared to -$0.11 in the year-ago quarter.The reported revenue represents a surprise of +5.47% over the Zacks Consensus Estimate of $30.66 million. With the consensus EPS estimate being -$0.02, the EPS surprise was -100%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...
The Market Is Down 5% in 2026. Here's the Best Dividend Stock to Buy With $10,000 Right Now.
The Motley Fool· 2026-03-27 23:32
The stock market, as measured by the S&P 500 index of 500 of America's biggest companies, is down 5.4% so far this year, as of March 24. When the S&P 500 is down, it means that more than a few companies' stocks are also down. And with dividend-paying stocks, a lower stock price means a boosted dividend yield. So, which dividend payer might you consider for your long-term portfolio, whether you have $10,000 or $100 or $100,000 to invest? Well, I suggest buying a bunch of solid dividend payers via a single ex ...
Constellation Software Inc. Announces Mark Leonard's Decision to not Stand for Re-Election to Board of Directors
Globenewswire· 2026-03-27 23:31
TORONTO, March 27, 2026 (GLOBE NEWSWIRE) -- Constellation Software Inc. (TSX:CSU) (“Constellation”) announced today that Mark Leonard, the founder and former President of Constellation, will not stand for re-election to the Board of Directors. His current term will conclude following Constellation’s annual meeting of shareholders on May 15, 2026. Mr. Leonard will continue to serve as an advisor to Constellation, with a particular focus on supporting the company’s Permanent Engaged Minority Shareholder (“PEM ...