| Dan Primack / Axios: |
StubHub files for an IPO, with plans to list on the NYSE, and reports a $2.8M loss on $1.77B in revenue in 2024, vs. a $405M profit on $1.37B in revenue in 2023 — Ticket resale marketplace StubHub on Friday filed for an IPO, saying that it plans to list shares on the New York Stock Exchange.| Bloomberg: |
A profile of StubHub CEO Eric Baker, who, according to the company's S-1, holds 5.2% of Class A shares but controls over 90% of the votes through Class B shares — This time it isn't concert tickets Eric Baker is selling. It's shares of StubHub Holdings Inc., the company he co-founded and has owned on and off for a quarter century.| Eliza Gkritsi / Politico: |
X suspends several accounts belonging to opposition figures in Turkey, amid extensive protests sparked by the arrest of President Erdogan's main political rival — Suspensions affect accounts spreading information about the widespread demonstrations. — Elon Musk's social media platform X … | Kylie Robison / The Verge: |
Perplexity proposes to buy TikTok, says it wants to open source the algorithm and that it is “singularly positioned to rebuild” it “without creating a monopoly” — The AI search startup laid out its bid for buying, and rebuilding, TikTok.| Berber Jin / Wall Street Journal: |
Index Ventures, Wiz's largest outside shareholder with a 13% stake, is set to turn its $245M investment into $4.3B from Wiz's pending sale to Alphabet for $32B — Index Ventures is set to earn a 250-fold return on its seed money in a startup Google has agreed to buy| Rhiannon Williams / MIT Technology Review: |
OpenAI, in partnership with MIT, releases its first study on how ChatGPT use affects emotional well-being, including differences in how men and women respond — OpenAI says over 400 million people use ChatGPT every week. But how does interacting with it affect us? Does it make us more or less lonely?| Paul Liu / The Keyword: |
Google says its test removing European news content for 1% of users in eight EU countries found that there was no change to Search ad revenue due to the removal — Google ran an experiment to understand the value of European news content. The data shows people visited Google … | Andrew Edgecliffe-Johnson / Semafor: |
An interview with Affirm co-founder Max Levchin on hitting profitability, international expansion, building an “Affirm mafia”, DOGE, friendship with Musk, more — This article first appeared in The CEO Signal. Request an invitation. — THE SIGNAL INTERVIEW| Bloomberg: |
A profile of Jed McCaleb, the billionaire who was behind Mt. Gox and XRP, as his aerospace startup Vast looks to build a private space station with SpaceX — Crafting and launching a space station that can keep humans alive comfortably in orbit is no easy feat. — Jed McCaleb made a fortune in cryptocurrency.| Anton Shilov / Tom's Hardware: |
Intel reorganizes Intel Foundry leadership as EVP Ann Kelleher, former GM of Technology Development and now strategic adviser, plans to retire later this year — Intel reorgs Intel Foundry around two key executives. — Dr Ann Kelleher, the executive vice president at Intel responsible … | Kif Leswing / CNBC: |
A profile of Lisa Su, as AMD vies for a bigger chunk of the AI market; CTO Mark Papermaster says AMD had $5B in AI chip sales in 2024, up from $100M in 2023 — When Lisa Su became CEO of Advanced Micro Devices in late 2014, the company was in dire straits and on the brink of potential bankruptcy.| Heather Landi / Fierce Healthcare: |
Inspiren, which provides workflow and staffing tech and AI-based fall detection for senior living facilities, raised a $35M Series A led by Avenir — Artificial Intelligence funding round Remote Monitoring venture capital (VC) — The demand for senior care services is poised …
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| Gael Cooper / CNET: |
| Aisha Malik / TechCrunch: |
| Demetri Sevastopulo / Financial Times: |
| Bruna Horvath / NBC News: |
| Nikhilesh De / CoinDesk: |
| Sara Fischer / Axios: |
| Wired: |