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]
Fobi Files 2025 Annual and Q1 & Q2 2026 Interim Financial Statements
Globenewswire· 2026-03-31 01:23
Not for distribution to U.S. news wire services or dissemination in the United StatesVANCOUVER, BC, March 30, 2026 (GLOBE NEWSWIRE) -- Company" or "Fobi"), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that it has filed its annual audited financial statements for the fiscal year ended June 30, 2025, associated management discussion and analysis and related disclosures (together, the “2025 Annual Filings”), as well as its interim financial ...
Oil rises for a fourth day on supply cuts from widening Middle East conflict
Reuters· 2026-03-31 01:12
Oil rises for a fourth day on supply cuts from widening Middle East conflict | Reuters Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Brent crude futures for May rose $2.26, or 2%, to $115.04 a barrel at 0002 GMT, after reaching their highest since March 19 during the prior session. The May contract expires on Tuesday and the more active June contract was at $108.96. Sign up here. U.S. West Texas Intermediate futures for May climbed $3.10, or 3%, to $105.96 a ...
Oil Shock Meets Asset Price Deflation
Seeking Alpha· 2026-03-31 01:10
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AUO Lights Up Touch Taiwan 2026 with Leading Micro LED Innovation
Globenewswire· 2026-03-31 01:06
Display Interfaces as a Key Enabler of Physical AI, Advancing from Mass-Production to Real-World Deployment and Enabling New Smart Mobility Applications 54" Transparent Micro LED Display AUO has developed a 54 inch dessert and display showcase powered by Micro LED technology, featuring high brightness, a wide color gamut, and transparent display characteristics. The solution integrates AI enabled applications to present merchandise and brand information within a single view, allowing digital content to bl ...
SanBio Company Limited (SNBOY) Q4 2026 Earnings Call Prepared Remarks Transcript
Seeking Alpha· 2026-03-31 01:02
PresentationKeita MoriCo-Founder, President, Executive Officer, CEO & Representative Director Hello, everyone. This is Keita Mori from SanBio. Thank you, everyone, for your interest in SanBio and coming to this update meeting. Today, before I present anything, I'd like to just spend a few moments to talk about. Actually, we are extremely delighted that at the end of last year, December of 2025, we have gotten the our company first approval on our cell therapy product. This name used to be a development code ...
Brookfield Business Corporation Completes 2025 Annual Filings
Globenewswire· 2026-03-31 01:01
BROOKFIELD, NEWS, March 30, 2026 (GLOBE NEWSWIRE) -- Brookfield Business Corporation (NYSE, TSX: BBUC) today announced that it has filed its 2025 annual report on Form 20-F, including its audited financial statements for the year ended December 31, 2025, with the U.S. Securities and Exchange Commission (“SEC”) on EDGAR as well as with the Canadian securities authorities on SEDAR+. These documents are also available on our website at https://bbuc.brookfield.com in the Reports & Filings section, on the SEC’s ...
RH (NYSE:RH) Q4 Fiscal 2025 Earnings Preview: Key Insights and Financial Highlights
Financial Modeling Prep· 2026-03-31 01:00
Significant Short Interest: Short interest in NYSE:RH surged by 28.3%, with 35.3% of shares sold short, indicating heightened investor skepticism. Projected EPS Growth: Despite challenges, RH anticipates a 39.9% year-over-year increase in EPS to $2.21, driven by new collections and global expansion. Insider Selling Activity: Notable insider sales, including Director Mark S. Demilio and insider Eri Chaya, may signal concerns about future performance. RH (NYSE:RH) is a luxury lifestyle brand known for its cu ...
Wall Street Is Finishing the Worst Quarter for Stocks in Four Years
WSJ· 2026-03-31 01:00
Investors had high expectations for 2026. Now they are just hoping to sidestep a recession. ...
LEIFRAS Co., Ltd. Ranked No.
Prnewswire· 2026-03-31 01:00
LEIFRAS Co., Ltd. Ranked No. 1 in Japan by Membership in Children's Sports Schools and by Number of Schools Where It Manages Club Activities Accessibility StatementSkip Navigation Advancing Sports Education in Japan Through the Development of Non-Cognitive Skills and Community- Based Club Activity Initiatives TOKYO, March 30, 2026 /PRNewswire/ -- LEIFRAS Co., Ltd. (Nasdaq: LFS) (the "Company" or "Leifras"), a sports and social business company dedicated to youth sports and community engagement, today an ...