Lockheed Martin Secures $4.94 Billion Army Deal for Precision Strike Missiles
Lockheed Martin won a $4.94 billion missile contract from the U.S. Army. Precision Strike Missiles will replace current ATACMS and…
U.S. Employers Cut Back on Job Openings as Hiring Slows in February
Job openings fell to 7.57 million in February, below economists' projections. Finance and insurance job postings dropped 23% month-over-month. Consumer…
Larry Fink Pushes for 50/30/20 Asset Mix and Wider Access to Private Markets
BlackRock CEO proposes a 50/30/20 portfolio including private assets. Fink urges more transparency and retail access to private markets. BlackRock…
Circle Targets June for IPO as It Resumes Public Listing Plan
Circle plans to file IPO prospectus by late April and launch by June. Company aims for $4–5 billion valuation, lower…
Loyyo Raises New Funding and Appoints Paul Arts as CEO
Loyyo secured over €1M in total funding to accelerate international expansion. Paul Arts became CEO while founder Wouter Meeuwisse now…
SoftBank Seeks $16.5 Billion Loan to Fund Massive U.S. AI Data Center Project
SoftBank is seeking $16.5 billion to fund the Stargate AI infrastructure project. Stargate includes a 500,000-square-foot AI data center in…
New Owners Take Over Sparkbase to Push AI Sales Agent Cara into European Markets
Sparkbase was acquired four months after launching its AI sales tool Cara. New owners aim to scale the product across…
Klarna Faces Criticism as $15 Billion IPO Nears
Klarna’s upcoming IPO faces scrutiny over recent BNPL partnerships. Deals with DoorDash and Walmart raised questions about motives and timing.…
Isomorphic Labs Raises $600M to Expand AI Drug Discovery Work
Isomorphic Labs raised $600M in its first external funding round. The company uses AI tools like AlphaFold 3 for drug…
Digital Wallet Networks Connect Banks and Merchants for Global Payments
Digital wallets lack widespread interoperability across borders despite global usage. TerraPay aims to link banks and merchants to support cross-border…
