Investing
Educational Publisher McGraw-Hill Files For an Initial Public Offering
Educational Publisher McGraw-Hill Files For an Initial Public Offering McGraw-Hill, an educational publisher backed by billionaire Tom Gores’ Platinum Equity, has filed for an initial public offering (IPO) to repay debt. The IPO will trade on the NYSE under the symbol MH and is being led by Goldman Sachs as the underwriter. McGraw-Hill has a […]
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Artificial intelligence’s next chapter
Artificial intelligence’s next chapter Artificial intelligence (AI) technology continues to evolve and expand its applications. The use and deployment of AI raise important legislative battles that need to be addressed. These battles involve balancing the benefits of AI with concerns over job displacement, data privacy, and cybersecurity. The investing community is closely watching these developments […]
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AI is reshaping early-stage investing
AI is reshaping early-stage investing Ai is transforming early-stage investing by enabling startups to raise record-breaking rounds. The market size for these startups has grown significantly, with many aiming to reach $100B+ valuations. AI-powered tools are being used to analyze and optimize investment strategies, making the process more efficient and data-driven. Startups are leveraging AI […]
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Anne Wojcicki is taking back control of 23andMe
Anne Wojcicki is taking back control of 23andMe Anne Wojcicki is buying back 23andMe after it filed for Chapter 11 bankruptcy protection earlier this year. The new purchase agreement is worth $305 million, following a final round of bidding between TTAM and Regeneron Pharmaceuticals. Regeneron was initially set to buy 23andMe for $256 million, but […]
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Are prediction markets gambling? Robinhood CEO Vlad Tenev is betting not
Are prediction markets gambling? Robinhood CEO Vlad Tenev is betting not Vlad Teterin, CEO of Robinhood, discusses his company’s plans for expansion and innovation, including a new banking service that allows customers to get physical cash delivered on demand. Teterin talks about the challenges of delivering cash to customers, but emphasizes the importance of making […]
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401(k) plans and stock market volatility: What you need to know
401(k) plans and stock market volatility: What you need to know 401(k) plans are employer-sponsored retirement savings plans where employees contribute a portion of their compensation on a tax-deferred basis, and many employers match some or all of an employee’s contributions. The IRS requires individuals to start making monetary withdrawals from their 401(k) plan when […]
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