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Oura’s IPO seeks $2.2bn, and 73% of it goes to existing shareholders

Business, Digital Marketing, Europe, Investors and funding, Next Featured, SEO Tips, Technology, United States /

Oura spent the first nine months of its financial year buying its own shares back from its investors. On Monday it started selling them to everybody else. The Finnish smart ring maker launched its initial public offering before the New York open. It is marketing 50 million shares at $40 to $44 each. At the […]

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Freehand names Krshna Prashant as first marketing lead

Artificial Intelligence, Business, Contributed, Digital Marketing, SEO Tips, Startups and technology, Technology, United States /

Freehand is the company whose autonomous AI Teams manage supply-chain spend for Fortune 500 enterprises. It has announced the appointment of Krshna Prashant as its first Marketing Lead. She is the company’s first marketing hire in the United States. The appointment comes weeks after Freehand raised $75 million in funding. Battery Ventures and NewRoad Capital […]

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SoftBank is reportedly raising about $11bn in bonds to cover its next OpenAI payment

Business, Digital Marketing, SEO Tips, Technology /

SoftBank Group has launched a bond sale of roughly $11bn, comprising $10bn in senior unsecured dollar notes and an additional €1bn in euros, according to term sheets reported separately by Reuters and Bloomberg on Monday. The deal comes in five tranches, with dollar notes at three and a half, five and a half, and seven […]

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Firmus will reportedly open its $5bn ASX float on 6 October

Business, Digital Marketing, SEO Tips, Technology /

Firmus will open the institutional bookbuild for its Australian listing on 6 October and begin trading on the ASX on 22 October, according to a term sheet reported by Reuters. The timetable appears in no public document, and no other outlet has it independently. The rest of the schedule runs from there: bookbuilding on 6 […]

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Insta360 spent $298m on memory chips in six months. GoPro’s shareholders are getting $285m in cash for the entire company.

Battery, Business, Digital Marketing, Drones, Merge and Acquisition, Photography, SEO Tips, Technology /

Insta360 opened its first American store on Saturday at 1515 Broadway, in the middle of Times Square. It is the company’s second self-operated shop outside China, after Tokyo in August. The ribbon-cutting is the least interesting part. Iris Deng interviewed co-founder Max Richter in Shenzhen for the South China Morning Post, and the numbers around the […]

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Insta360 spent $298m on memory chips in six months. GoPro’s shareholders are getting $285m in cash for the entire company. Read More »

Anthropic is paying the firm that will evaluate it, and says in the same announcement that this is not how it should work.

Artificial Intelligence, Business, Corporates and innovation, Data and security, Digital Marketing, Next Featured, SEO Tips, Technology /

Anthropic has named Accenture as the first embedded evaluator of its frontier models, with each company expecting to invest at least $1bn over five years. Anthropic will fund the work directly and says in the same announcement that funding should come from pooled or government sources instead, because neither exists yet. Accenture is already Anthropic’s […]

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Anthropic is paying the firm that will evaluate it, and says in the same announcement that this is not how it should work. Read More »

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