Meta's new $800 smart glasses with display likely to take center stage at Connect event
Reuters· 2025-09-17 23:34
Meta is expected to launch on Wednesday its first consumer-ready smart glasses with a built-in display, seeking to extend the momentum of its Ray-Ban line, an early consumer hit of the artificial inte... ...
PostNL N.V. (PSTNY) Capital Markets Day Call (Transcript)
Seeking Alpha· 2025-09-17 23:33
PresentationInge LaudyManager of Investor Relations Good afternoon and a very warm welcome at PostNL's Capital Markets Day. It's great to see you with us in the room. And I also would like to say welcome to the ones who are joining us online. Today is an important day for PostNL, and I'm really glad that we are all here. We are hosting this Capital Markets Day at a special location, our small parcel sorting center in Nieuwegein. This state-of-the-art sorting center was opened in 2021 and is fully robotized. ...
Eric Baker’s long, winding road to taking StubHub public
Yahoo Finance· 2025-09-17 23:33
Ticket reseller StubHub went public on Wednesday. Although StubHub’s shares closed 6% below their IPO price of $23.50, valuing the company at over $7 billion, the public debut itself is a testament to the co-founder’s decades-long perseverance. StubHub CEO Eric Baker co-founded the company with Jeff Fluhr in 2000 while they were attending the Stanford Graduate School of Business. This was shortly after the dotcom bubble burst and NASDAQ crashed, but the pair didn’t give up. “Stupid competitors went away ...
Eric Baker's long, winding road to taking StubHub public
TechCrunch· 2025-09-17 23:33
Core Insights - StubHub went public with an IPO price of $23.50, closing 6% below that price, which values the company at over $7 billion, highlighting the perseverance of its co-founder Eric Baker [1] Company History - StubHub was co-founded by Eric Baker and Jeff Fluhr in 2000 during their time at Stanford, shortly after the dotcom bubble burst [1] - Baker was pushed out of the company in 2004 due to differences in vision with Fluhr [2] - In 2005, Baker founded Viagogo in London, aiming to merge it with StubHub in the future [3] - In 2019, eBay spun off StubHub, and Baker acquired it for $4.05 billion with backing from investors [3] Impact of COVID-19 - The COVID-19 pandemic severely impacted StubHub, leading to a collapse in revenue due to the cancellation of live events [4][6] - The company managed to survive the pandemic and saw a significant rebound in revenue as live events resumed [6] Recent Performance - StubHub's revenue grew by 10% to $397.6 million in Q1 2025 compared to the same period last year, driven by high-demand events like Taylor Swift's Eras Tour and the Super Bowl [6] - Baker reflected on the company's journey and challenges faced, including the impact of COVID-19 [7] Ownership Structure - Eric Baker owns 4.7% of StubHub, while investors Madrone Partners, WestCap, and Bessemer Venture Partners hold 24.5%, 12.3%, and 8.8% respectively [7]
BitGo Wins BaFin Approval to Offer Regulated Crypto Trading in Germany
FinanceFeeds· 2025-09-17 23:32
Crypto custody provider BitGo has secured regulatory approval in Germany to expand into digital asset trading, making it one of the few firms in Europe licensed to provide custody, staking, and trading under a single framework.The green light from Germany’s financial regulator BaFin allows BitGo Europe, based in Frankfurt, to offer both over-the-counter (OTC) and electronic trading for a wide range of cryptocurrencies and stablecoins, the company said on Wednesday. The move extends BitGo’s business beyond i ...
Netskope Announces Pricing of Initial Public Offering
Prnewswire· 2025-09-17 23:32
The shares are expected to begin trading on the Nasdaq Global Select Market on September 18, 2025 under the ticker symbol "NTSK." The offering is expected to close on September 19, 2025, subject to the satisfaction of customary closing conditions. In addition, Netskope has granted the underwriters a 30-day option to purchase up to an additional 7,170,000 shares of Class A common stock to cover over-allotments. Morgan Stanley and J.P. Morgan are acting as lead book-running managers for the proposed offering. ...
New York Banking Regulator Required to Adopt Blockchain Analytics for Risk Management
Yahoo Finance· 2025-09-17 23:31
The New York State Department of Financial Services (NYDFS) has directed banking organizations under its supervision to implement blockchain analytics tools as part of their compliance frameworks, marking the regulator’s latest step to strengthen oversight of cryptocurrency activities. Superintendent Adrienne A. Harris issued the guidance on September 17, extending requirements previously applied only to licensed virtual currency entities to traditional banking institutions operating in New York. The dire ...
Dan O'Dowd Slams Tesla For Redacting Robotaxi Crash Information In NHTSA Reports: 'Robotaxi Had Three Crashes And Injured Somebody'
Yahoo Finance· 2025-09-17 23:31
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The Dawn Project's founder and software expert, Dan O'Dowd, has slammed Tesla Inc. (NASDAQ:TSLA) for redacting its Robotaxi crash reports to the NHTSA. O'Dowd has been a vocal critic of the technology. Tesla's Supervised Robotaxi Had Three Crashes And An Injury, Says Dan O'Dowd Taking to the social media platform X on Tuesday, O'Dowd criticized Tesla in a post. "In one month of operation Tesla's supervised ...
Andreas Halvorsen Slashes Meta, Trims High-Beta Bets
Acquirersmultiple· 2025-09-17 23:30
According to their latest 13F filings, Andreas Halvorsen’s Viking Global Investors LP made aggressive reductions across multiple high-profile holdings in Q2 2025, signaling a broad shift away from higher-beta growth stocks. The most dramatic cut came in Meta Platforms Inc. (META), where the fund pared back nearly its entire position. Meta Platforms (META) – Biggest Reduction Shares: 265,499 Change: ↓ –1,200,812 (Previously: 1,466,311) Value: $195.96M % Change: –81.89% Viking slashed its META stake by alm ...
2 High-Yield Dividend Stocks to Buy with Unshakeable Payouts
Yahoo Finance· 2025-09-17 23:30
Dividend stocks are attractive options for generating income. While plenty of companies pay dividends, only a few keep paying you regardless of market conditions. The companies with resilient payouts are usually those with large businesses, a steady earnings base, and a focus on enhancing shareholder value. Among the most reliable dividend stocks, Energy Transfer (ET) and Realty Income (O) stand out for their high yields and ability to pay and increase their dividends. More News from Barchart High-Yield ...