September 27, 2023
Uber Appoints Analog Devices Executive Prashanth Mahendra-Rajah as CFO
Uber Technologies has appointed Prashanth Mahendra-Rajah as its new chief financial officer (CFO). Mahendra-Rajah will join the company on Nov. 13, bringing with him experience and expertise in financial management and strategy, Uber...
September 27, 2023
Bank of America CEO Brian Moynihan Expects Soft Landing for...
Bank of America Chairman and CEO Brian Moynihan reportedly said he believes that the economy is heading toward a soft landing, avoiding a recession. Speaking Wednesday (Sept. 27) at the Economic...
September 27, 2023
Report: Amazon Seller Thrasio Mulls Bankruptcy
Thrasio, a prominent eCommerce startup specializing in acquiring consumer brands sold on Amazon, is reportedly grappling with financial difficulties following a decline in online spending in the wake of the...
September 27, 2023
Is a Gen AI-Powered Connected Device in the Cards?
A holistic user experience considers every aspect of a product. Think about Apple’s iPhone and computer products. By establishing them as hardware platforms running the company’s own proprietary iOS software,...
September 26, 2023
Instacart Stock Closes Below IPO Price Week After Public Debut
Instacart’s stock closed below its initial public offering (IPO) pricing for the first time on Tuesday (Sept. 26), a week after its public debut. The online grocery delivery company’s stock fell...
September 26, 2023
Report: Birkenstock Prepares for IPO, Targets $10 Billion Market Capitalization
Birkenstock is reportedly gearing up for its highly anticipated initial public offering (IPO) with a target valuation of $10 billion. If successful, this move would position Birkenstock as the third-largest...
September 26, 2023
Amazon’s Bid to Get Smart Glasses Right
Smart glasses have long been the stuff of science fiction dreams, promising a future where we can seamlessly integrate digital information and augmented reality into our daily lives. However, despite...
September 22, 2023
What’s Next as Instacart and Arm Flirt With Busted IPO...
On Wall Street, a “busted” IPO is one that’s simply defined — the stock trades below the initial offer price. At this writing, two of the most recent market entrants...
September 22, 2023
AI-Powered Financial Crime Prevention Platform Silent Eight Prepares for IPO
Singapore-based company Silent Eight, which uses artificial intelligence (AI) to combat financial crimes such as money laundering and terrorist financing, reportedly aims to be ready for an initial public offering (IPO)...