CoreWeave closes flat at $40 in its Nasdaq debut; CoreWeave's offering is the largest US IPO since UiPath's NYSE debut in 2021
CoreWeave's stock opened at $39 and closed at $40 in its Nasdaq debut on Friday after the company sold shares at $40 a piece, below the expected range.
CoreWeave raised $1.5B in its IPO, selling ~37.5M shares at $40 each, down from a planned 49M shares at $47-$55; source: Nvidia anchored with a ~$250M order
but many buzzy tech IPOs remain in the pipeline Thomas Maxwell / Gizmodo : CoreWeave Is at the Center of the AI Revolution, and Its IPO looks Like a House of Cards Helene Braun / C...
CoreWeave raised $1.5B in its IPO, selling ~37.5M shares at $40 each, down from a planned 49M shares at $47-$55; source: Nvidia anchored with a ~$250M order
CoreWeave on Thursday priced shares at $40 in the company's IPO, raising $1.5 billion in the biggest U.S. tech offering since 2021, CNBC has confirmed.
Elon Musk says he will “fix” Community Notes as they are “increasingly being gamed by governments & legacy media”, after disagreeing with notes about Ukraine
which often gets the facts wrong. Worthy mission. But X is dominated by more lies & often deranged bigotry. It's disappointing. Senator Stan Kutcher / @stankutcher : Trying to have...
Sources: TikTok CEO Shou Chew, who has known Elon Musk for several years, has sought Musk's counsel in recent weeks on the incoming Trump administration
Popular video app and Chinese parent ByteDance view rival social-media owner as conduit to the president-elect
Filing: the US SEC says it intends to seek sanctions against Elon Musk for failing to appear for scheduled testimony for a probe into his $44B Twitter takeover
The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed to appear …
Filing: the US SEC sues Elon Musk to force him to testify in its probe into his Twitter takeover in 2022, after Musk failed to appear for testimony in September
Austin Weinstein / Bloomberg :
Filing: the US SEC sues Elon Musk to force him to testify in its probe into his Twitter takeover in 2022, after Musk failed to appear for testimony in September
- Agency says that billionaire failed to appear last month — Musk attorney says that his client testified multiple times
The FTC proposes a rule banning non-compete clauses, saying the contracts harm healthy competition in the labor and product markets and block entrepreneurship
the latest move in Lina Khan's ambitious reform agenda. https://www.nytimes.com/... Elizabeth Warren / @ewarren : Imagine you hate your job. The pay is low. The benefits are crummy...
Research: tens of thousands of Twitter poll bot votes can cost less than $100, potentially undermining Elon Musk's move to rely on polls for company decisions
New Twitter Inc. owner Elon Musk has outsourced several controversial decisions — like whether to reinstate former US President …
Sources: Elon Musk weighs adding paid DMs to let users privately message “Very Important Tweeters”; docs show Twitter Blue checks won't require ID verification
The billionaire and his advisers have discussed adding paid direct messages, fees to watch videos and other features to the service.
Sources: Apple sets a return-to-office deadline for September 5; employees will come in Tuesdays, Thursdays, and a third day determined by individual teams
Apple Inc. has set a Sept. 5 deadline for corporate employees to be in the office at least three days a week after delaying …
Elon Musk's offer to buy Twitter likely was a joke, since he previously pretended he would take Tesla private, but he may not be able to get out of the deal
Good morning! If you're looking to head to Bhutan anytime soon, we've got some news for you. Leigh Mc Gowran / Silicon Republic : What's going on with Elon Musk's Twitter deal? Ar...
Elon Musk's offer to buy Twitter likely was a joke, since he previously pretended he would take Tesla private, but he may not be able to get out of the deal
Programming note: Ugh, here we are again, huh? — Oh Elon — I think it is helpful to start with the big picture.
Sources: Tesla laid off ~200 Autopilot workers, most of them hourly and focused on data labeling, and closes its San Mateo office, as part of broader reductions
Tesla Inc. laid off hundreds of workers on its Autopilot team as the electric-vehicle maker shuttered a California facility, according to people familiar with the matter.
Meta freezes hiring of engineers for product teams including Facebook Gaming, Dating, and Commerce; Zuckerberg said internally Meta is not planning layoffs
Mark Zuckerberg has internally downplayed the possibility of layoffs — Meta is pulling back its investments in a number of products …
Analysis: 43% of West Coast tech company job listings were posted in Texas, Virginia, NY, Georgia, and others outside the region in 2021, up from 30% in 2019
Reade Pickert / Bloomberg :
Waymo partners with Chinese automotive company Geely to bring a “rider-first” EV with no steering wheel to its US robotaxi Waymo One fleet in the coming years
Waymo partners with Chinese automotive company Geely to bring a “rider-first” EV with no steering wheel to its US robotaxi Waymo One fleet in the coming years
Waymo One is Alphabet's Lyft/Uber competitor that's live in Phoenix and currently undergoing testing in San Francisco.
Elon Musk's “Tesla Bot” is a distraction and an empty promise, considering the progress of Boston Dynamics' Atlas, which has been in development for 10+ years
A distraction and an empty promise — After a dense presentation about the undeniably impressive work Tesla is doing with AI …