Digital Marketing

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Databricks hits $188bn valuation in Coatue-led round, landing above its own $175bn talks

Business, Digital Marketing, Next Featured, SEO Tips, Technology /

$188bn is a large number for a company that keeps insisting it is in no rush to go public. That is the valuation Databricks has reached in a new funding round led by Coatue Management, a figure first reported by the Wall Street Journal. The mark sits well above the up-to-$175bn the firm was reportedly in […]

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Xi tells World AI Conference no single country should monopolise AI

Artificial Intelligence, China, Digital Marketing, Insider, Next Featured, SEO Tips, Technology /

Xi Jinping told the World AI Conference in Shanghai on Friday that artificial intelligence “should not be a solo performance by a single country, but a symphony of international cooperation,” casting Beijing as the patron of open, shared technology. The line, aimed at the developing world and, by implication, at Washington, set the tone for a speech […]

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PayPal board rebuffs $53bn Stripe and Advent bid as too low, sources say

Business, Digital Marketing, Finance, Fintech and ecommerce, SEO Tips, Technology /

PayPal’s board reckons that a $53bn (£39bn) joint takeover approach from Stripe and the private-equity firm Advent International sells the payments pioneer short, the latest twist in a fast-moving round of payments consolidation. People familiar with the talks told Reuters the directors view the offer as inadequate and have yet to respond formally. The approach values PayPal at […]

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A luggage maker’s filing just pinned DeepSeek at $52bn

Artificial Intelligence, Digital Marketing, Finance, SEO Tips, Technology /

The most precise figure yet attached to DeepSeek’s worth did not come from the lab, its bankers or its founder. It surfaced in a stock-exchange filing by Anhui Korrun, a Chinese luggage maker, which discloses a stake small enough to imply the Hangzhou AI startup is valued at around $52bn. The arithmetic is narrow but […]

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A luggage maker’s filing just pinned DeepSeek at $52bn Read More »

Network School founder says Malaysia immigration probe risks its tech ambitions

Digital Marketing, Insider, SEO Tips, Technology /

Balaji Srinivasan built Network School as a working prototype of the “network state,” his theory that an internet country of engineers and founders can eventually do the work of a real one. This week a real one reminded him who still holds the passports. The former Coinbase chief technology officer and Andreessen Horowitz partner said on 15 […]

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Netflix beats on Q2 earnings but a soft Q3 forecast sends the stock down 9%

Business, Digital Marketing, Netflix, SEO Tips, Technology /

Netflix cleared the quarter and stumbled on the outlook. The company posted second-quarter revenue of $12.56bn on Thursday, up 13% on the year, alongside earnings of $0.80 a share, a cent ahead of the $0.79 analysts had pencilled in. Then it guided the next three months lower, and the stock did the rest. Third-quarter revenue is forecast […]

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Netflix beats on Q2 earnings but a soft Q3 forecast sends the stock down 9% Read More »

AI was supposed to kill the travel agent. Instead it just minted a billion-dollar one.

Artificial Intelligence, Digital Marketing, Investors and funding, Lifestyle, SEO Tips, Startups and technology, Technology /

Fora, a platform that lets ordinary people become travel agents and gives travellers a way to find them, has raised a $60m Series D at a $1bn valuation led by Forerunner and Tactile Ventures. It has 15,000+ advisors (97% new to the profession) who have booked over $3bn in travel, an accelerating curve. Fora is […]

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AI was supposed to kill the travel agent. Instead it just minted a billion-dollar one. Read More »

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