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Geothermal startup Fervo Energy to raise up to $1.3B in IPO

Geothermal startup Fervo Energy said Monday it hopes to raise up to $1.3 billion in its initial public offering.  The company would be valued at up to $6.5 billion if shares sell at the top of its $21 to $24 price target. That’s more than twice what Fervo had...

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Apple quietly launches AirPods Max 2

In a surprise launch on Monday, Apple unveiled the AirPods Max 2, the long-awaited successor to its premium headphones that launched in 2020. The Max 2 cost $549, and feature active noise cancellation, Apple’s audio-specific H2 chip, support for live translation,...

Walmart-backed PhonePe shelves IPO as global tensions rattle markets

PhonePe, India’s biggest digital payments platform, has put its IPO plans on hold, citing geopolitical tensions and a volatile stock market. On Monday, the Bengaluru-based company said it had paused its IPO plans, but remains committed to going public once market...

The billionaires made a promise — now some want out

In 2010, Warren Buffett and Bill Gates launched a disarmingly simple campaign they called the Giving Pledge: a public commitment, open to the world’s wealthiest people, to give away more than half their fortune during their lifetime or upon their death. The moment...

Fixing AI failure: Three changes enterprises should make now

Recent reports about AI project failure rates have raised uncomfortable questions for organizations investing heavily in AI. Much of the discussion has focused on technical factors like model accuracy and data quality, but after watching dozens of AI initiatives...

Wiz investor unpacks Google’s $32B acquisition

Google closed its $32 billion acquisition of cybersecurity company Wiz this week — the biggest acquisition in Google’s history, as well as the largest ever acquisition of a venture-backed startup. On the latest episode of TechCrunch’s Equity podcast, Rebecca Bellan,...

Rivian’s RJ Scaringe thinks we’re doing robots all wrong

If you haven’t heard, Rivian founder and CEO RJ Scaringe has another company — his third by our count. And this time it’s focused on robotics. The serial entrepreneur is best known for Rivian, the buzzy EV maker that was thrust into the spotlight in 2018 after...

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Digital Marketing Trends to Watch in the Second Half of 2016

Digital Marketing Trends May Change the Second Half of 2016 Marketing practices change so rapidly, it can be difficult to keep up. Sometimes, business professionals don’t recognize the dramatic shifts until they have a chance to look back and see the difference. If...

Tesla Faces Huge Competition While Their Sales Plummet

Tesla Sales Struggle While Competition Rises Tesla was once the sole pioneer of luxury electric vehicles, but their reign is quickly coming to an end. Several major car manufacturers have announced their plans to develop similar vehicles that boast luxury settings....

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