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Ride-Hailing Company Grab Picks Banks For US IPO: Report

Ride-Hailing Company Grab Picks Banks For US IPO: Report

ShareShareMedtronic, the publicly-traded medical devices giant, has backed a special-purpose acquisition company (SPAC) set up by its former CEO Omar Ishrak who's also the current Chairman of the chipmaker Intel. Compute Health Acquisition Corp is a new SPAC formed by Ishrak and has filed to raise $750 million from investors. In its filing , Compute Health indicated that Medtronic has expressed interest to purchase 1.5 million share units for a price of $15 million and may later determine to purchase even more than that. Compute Health  Acquisition Corp  is offering 75 million shares for...

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12h ago
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Chamath Palihapitiya Leads PIPE Rounds For Latch, Sunlight Financial

Chamath Palihapitiya Leads PIPE Rounds For Latch, Sunlight Financial

ShareShareMedtronic, the publicly-traded medical devices giant, has backed a special-purpose acquisition company (SPAC) set up by its former CEO Omar Ishrak who's also the current Chairman of the chipmaker Intel. Compute Health Acquisition Corp is a new SPAC formed by Ishrak and has filed to raise $750 million from investors. In its filing , Compute Health indicated that Medtronic has expressed interest to purchase 1.5 million share units for a price of $15 million and may later determine to purchase even more than that. Compute Health  Acquisition Corp  is offering 75 million shares for...

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12h ago
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Enterprise Services Marketplace Globality Nabs $138M Round

Enterprise Services Marketplace Globality Nabs $138M Round

ShareShareMedtronic, the publicly-traded medical devices giant, has backed a special-purpose acquisition company (SPAC) set up by its former CEO Omar Ishrak who's also the current Chairman of the chipmaker Intel. Compute Health Acquisition Corp is a new SPAC formed by Ishrak and has filed to raise $750 million from investors. In its filing , Compute Health indicated that Medtronic has expressed interest to purchase 1.5 million share units for a price of $15 million and may later determine to purchase even more than that. Compute Health  Acquisition Corp  is offering 75 million shares for...

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20h ago
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TV Host Larry King Dead At 87

TV Host Larry King Dead At 87

 — Larry King (@kingsthings)ShareShareMedtronic, the publicly-traded medical devices giant, has backed a special-purpose acquisition company (SPAC) set up by its former CEO Omar Ishrak who's also the current Chairman of the chipmaker Intel. Compute Health Acquisition Corp is a new SPAC formed by Ishrak and has filed to raise $750 million from investors. In its filing , Compute Health indicated that Medtronic has expressed interest to purchase 1.5 million share units for a price of $15 million and may later determine to purchase even more than that. Compute Health  Acquisition Corp  is...

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2d ago
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EV Charging Company EVgo To Go Public

EV Charging Company EVgo To Go Public

ShareShareAfter hitting a valuation of over $6 billion from a secondary funding round this December, the Git repository company GitLab now has its eyes set on a public listing. The San Francisco-based company is exploring options to go public soon, either through a public offering or a SPAC merger, its CEO Sij Sijbrandij noted in a statement to CNBC . “There are a lot more options and we’re following the market,” Sijbrandij said, adding that SPACs present an “interesting alternative that’s also on our radar”. GitLab could go public by selling shares on the public markets through a...

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3d ago
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Databricks Raising Funds At $27B Valuation: Report

Databricks Raising Funds At $27B Valuation: Report

ShareShareAfter hitting a valuation of over $6 billion from a secondary funding round this December, the Git repository company GitLab now has its eyes set on a public listing. The San Francisco-based company is exploring options to go public soon, either through a public offering or a SPAC merger, its CEO Sij Sijbrandij noted in a statement to CNBC . “There are a lot more options and we’re following the market,” Sijbrandij said, adding that SPACs present an “interesting alternative that’s also on our radar”. GitLab could go public by selling shares on the public markets through a...

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3d ago
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UK Food Delivery Startup Deliveroo Raises $180M, Valued At $7B+

UK Food Delivery Startup Deliveroo Raises $180M, Valued At $7B+

ShareShareAfter hitting a valuation of over $6 billion from a secondary funding round this December, the Git repository company GitLab now has its eyes set on a public listing. The San Francisco-based company is exploring options to go public soon, either through a public offering or a SPAC merger, its CEO Sij Sijbrandij noted in a statement to CNBC . “There are a lot more options and we’re following the market,” Sijbrandij said, adding that SPACs present an “interesting alternative that’s also on our radar”. GitLab could go public by selling shares on the public markets through a...

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3d ago
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Tastytrade Sells For $1B; 2nd Big Exit For Founder

Tastytrade Sells For $1B; 2nd Big Exit For Founder

ShareShareAfter hitting a valuation of over $6 billion from a secondary funding round this December, the Git repository company GitLab now has its eyes set on a public listing. The San Francisco-based company is exploring options to go public soon, either through a public offering or a SPAC merger, its CEO Sij Sijbrandij noted in a statement to CNBC . “There are a lot more options and we’re following the market,” Sijbrandij said, adding that SPACs present an “interesting alternative that’s also on our radar”. GitLab could go public by selling shares on the public markets through a...

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4d ago
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Mercedes-Benz Unveils New Electric SUV

Mercedes-Benz Unveils New Electric SUV

ShareShareAfter hitting a valuation of over $6 billion from a secondary funding round this December, the Git repository company GitLab now has its eyes set on a public listing. The San Francisco-based company is exploring options to go public soon, either through a public offering or a SPAC merger, its CEO Sij Sijbrandij noted in a statement to CNBC . “There are a lot more options and we’re following the market,” Sijbrandij said, adding that SPACs present an “interesting alternative that’s also on our radar”. GitLab could go public by selling shares on the public markets through a...

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5d ago
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Wattpad Sells For $600M+ To South Korea's Naver

Wattpad Sells For $600M+ To South Korea's Naver

ShareShareAfter hitting a valuation of over $6 billion from a secondary funding round this December, the Git repository company GitLab now has its eyes set on a public listing. The San Francisco-based company is exploring options to go public soon, either through a public offering or a SPAC merger, its CEO Sij Sijbrandij noted in a statement to CNBC . “There are a lot more options and we’re following the market,” Sijbrandij said, adding that SPACs present an “interesting alternative that’s also on our radar”. GitLab could go public by selling shares on the public markets through a...

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5d ago
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Intel Chairman Plans $1B Health-Tech SPAC

Intel Chairman Plans $1B Health-Tech SPAC

ShareShareAfter hitting a valuation of over $6 billion from a secondary funding round this December, the Git repository company GitLab now has its eyes set on a public listing. The San Francisco-based company is exploring options to go public soon, either through a public offering or a SPAC merger, its CEO Sij Sijbrandij noted in a statement to CNBC . “There are a lot more options and we’re following the market,” Sijbrandij said, adding that SPACs present an “interesting alternative that’s also on our radar”. GitLab could go public by selling shares on the public markets through a...

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7d ago
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Cisco Gets China Nod For $4.5B Acacia Takeover

Cisco Gets China Nod For $4.5B Acacia Takeover

ShareShareAfter hitting a valuation of over $6 billion from a secondary funding round this December, the Git repository company GitLab now has its eyes set on a public listing. The San Francisco-based company is exploring options to go public soon, either through a public offering or a SPAC merger, its CEO Sij Sijbrandij noted in a statement to CNBC . “There are a lot more options and we’re following the market,” Sijbrandij said, adding that SPACs present an “interesting alternative that’s also on our radar”. GitLab could go public by selling shares on the public markets through a...

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7d ago
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Ride-Hailing Company Grab Ponders $2B IPO This Year: Report

Ride-Hailing Company Grab Ponders $2B IPO This Year: Report

ShareShareAfter hitting a valuation of over $6 billion from a secondary funding round this December, the Git repository company GitLab now has its eyes set on a public listing. The San Francisco-based company is exploring options to go public soon, either through a public offering or a SPAC merger, its CEO Sij Sijbrandij noted in a statement to CNBC . “There are a lot more options and we’re following the market,” Sijbrandij said, adding that SPACs present an “interesting alternative that’s also on our radar”. GitLab could go public by selling shares on the public markets through a...

thetechee.com
Jan 19
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IBM Buys Cloud IT Firm Taos

IBM Buys Cloud IT Firm Taos

ShareShareAfter hitting a valuation of over $6 billion from a secondary funding round this December, the Git repository company GitLab now has its eyes set on a public listing. The San Francisco-based company is exploring options to go public soon, either through a public offering or a SPAC merger, its CEO Sij Sijbrandij noted in a statement to CNBC . “There are a lot more options and we’re following the market,” Sijbrandij said, adding that SPACs present an “interesting alternative that’s also on our radar”. GitLab could go public by selling shares on the public markets through a...

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Jan 18
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Genetic Medicine Startup Tessera Nabs $230M Round

Genetic Medicine Startup Tessera Nabs $230M Round

ShareShareAfter hitting a valuation of over $6 billion from a secondary funding round this December, the Git repository company GitLab now has its eyes set on a public listing. The San Francisco-based company is exploring options to go public soon, either through a public offering or a SPAC merger, its CEO Sij Sijbrandij noted in a statement to CNBC . “There are a lot more options and we’re following the market,” Sijbrandij said, adding that SPACs present an “interesting alternative that’s also on our radar”. GitLab could go public by selling shares on the public markets through a...

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Jan 18
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Capital One Fined $390M For Money Laundering Violation

Capital One Fined $390M For Money Laundering Violation

ShareShareThe popular Chinese smartphone maker Xiaomi has been added to the list of Chinese firms blacklisted by the Trump administration over alleged ties to China's military. Xiaomi was newly added to the  Trump administration's military  blacklist along with 8 other Chinese firms including the country's  third-largest national oil company. A blacklist of what's known to be the third-largest smartphone maker in the world represents a somewhat bold move for the Trump administration. The military blacklist Xiaomi has been added to is different from the US Commerce Department’s entity list,...

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Jan 17
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GitLab, Valued At $6B+, Eyes Public Listing

GitLab, Valued At $6B+, Eyes Public Listing

ShareShareThe popular Chinese smartphone maker Xiaomi has been added to the list of Chinese firms blacklisted by the Trump administration over alleged ties to China's military. Xiaomi was newly added to the  Trump administration's military  blacklist along with 8 other Chinese firms including the country's  third-largest national oil company. A blacklist of what's known to be the third-largest smartphone maker in the world represents a somewhat bold move for the Trump administration. The military blacklist Xiaomi has been added to is different from the US Commerce Department’s entity list,...

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Jan 17
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Cisco Boosts Acacia Bid To $4.5B

Cisco Boosts Acacia Bid To $4.5B

ShareShareStarlink, the proposed satellite internet service from SpaceX, has received licensing approval from the UK's communications regulator, clearing the way for the venture to get into another major broadband market. An authorization for SpaceX's Starlink was granted in November, according to a statement from a spokesman at the UK Office of Communications (Ofcom). Going by local reports, Starlink has also received approval in other European countries including Greece, Germany, and Australia. The satellite internet service originates from the US where SpaceX is based and has begun tests...

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Jan 15
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Poshmark Pops On IPO Debut

Poshmark Pops On IPO Debut

ShareShareStarlink, the proposed satellite internet service from SpaceX, has received licensing approval from the UK's communications regulator, clearing the way for the venture to get into another major broadband market. An authorization for SpaceX's Starlink was granted in November, according to a statement from a spokesman at the UK Office of Communications (Ofcom). Going by local reports, Starlink has also received approval in other European countries including Greece, Germany, and Australia. The satellite internet service originates from the US where SpaceX is based and has begun tests...

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Jan 15
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Samsung Unveils Galaxy S21 Series

Samsung Unveils Galaxy S21 Series

ShareShareStarlink, the proposed satellite internet service from SpaceX, has received licensing approval from the UK's communications regulator, clearing the way for the venture to get into another major broadband market. An authorization for SpaceX's Starlink was granted in November, according to a statement from a spokesman at the UK Office of Communications (Ofcom). Going by local reports, Starlink has also received approval in other European countries including Greece, Germany, and Australia. The satellite internet service originates from the US where SpaceX is based and has begun tests...

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Jan 15
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Shopify Sees $2B Windfall From Affirm's IPO

Shopify Sees $2B Windfall From Affirm's IPO

ShareShareStarlink, the proposed satellite internet service from SpaceX, has received licensing approval from the UK's communications regulator, clearing the way for the venture to get into another major broadband market. An authorization for SpaceX's Starlink was granted in November, according to a statement from a spokesman at the UK Office of Communications (Ofcom). Going by local reports, Starlink has also received approval in other European countries including Greece, Germany, and Australia. The satellite internet service originates from the US where SpaceX is based and has begun tests...

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Jan 15
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German On-Demand Freight Startup Sennder Raises $160M

German On-Demand Freight Startup Sennder Raises $160M

ShareShareStarlink, the proposed satellite internet service from SpaceX, has received licensing approval from the UK's communications regulator, clearing the way for the venture to get into another major broadband market. An authorization for SpaceX's Starlink was granted in November, according to a statement from a spokesman at the UK Office of Communications (Ofcom). Going by local reports, Starlink has also received approval in other European countries including Greece, Germany, and Australia. The satellite internet service originates from the US where SpaceX is based and has begun tests...

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Jan 14
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Intel Has A New CEO: VMware's Pat Gelsinger

Intel Has A New CEO: VMware's Pat Gelsinger

ShareShareStarlink, the proposed satellite internet service from SpaceX, has received licensing approval from the UK's communications regulator, clearing the way for the venture to get into another major broadband market. An authorization for SpaceX's Starlink was granted in November, according to a statement from a spokesman at the UK Office of Communications (Ofcom). Going by local reports, Starlink has also received approval in other European countries including Greece, Germany, and Australia. The satellite internet service originates from the US where SpaceX is based and has begun tests...

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Jan 14
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Dropbox To Lay Off 11% Of Employees

Dropbox To Lay Off 11% Of Employees

ShareShareStarlink, the proposed satellite internet service from SpaceX, has received licensing approval from the UK's communications regulator, clearing the way for the venture to get into another major broadband market. An authorization for SpaceX's Starlink was granted in November, according to a statement from a spokesman at the UK Office of Communications (Ofcom). Going by local reports, Starlink has also received approval in other European countries including Greece, Germany, and Australia. The satellite internet service originates from the US where SpaceX is based and has begun tests...

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Jan 14
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New SPAC Merger: Online Therapy App Talkspace

New SPAC Merger: Online Therapy App Talkspace

ShareShareStarlink, the proposed satellite internet service from SpaceX, has received licensing approval from the UK's communications regulator, clearing the way for the venture to get into another major broadband market. An authorization for SpaceX's Starlink was granted in November, according to a statement from a spokesman at the UK Office of Communications (Ofcom). Going by local reports, Starlink has also received approval in other European countries including Greece, Germany, and Australia. The satellite internet service originates from the US where SpaceX is based and has begun tests...

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Jan 14
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