Miscellaneous

Telegram manages to raise more than a billion dollars in bonds to finance its growth

The app’s founder, Pavel Durov, confirmed the news. March 24, 2021 2 min read This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. Co-founder Pavel Durov announced that the encrypted messaging application, better known as Telegram, managed to raise more than a billion dollars in bonuses […]

Miscellaneous

$50 Billion for Small Business As Congress Passes a Sweeping $1.9 Trillion Stimulus

Lawmakers on Wednesday approved a massive $ 1.9 trillion relief bill, extending unemployment benefits through September 6, dispatching $ 1,400 checks for many Americans, and green-lighting $ 50 billion in new small business aid. The House passed the measure in a vote of 220 to 211, with no Republicans voting to approve. President Joe Biden is expected to […]

Entrepreneurs

Zapier’s CEO Reveals How His Automation Startup Reached A $5 Billion Valuation Without Jumping On The VC ‘Hamster Wheel’

Zapier CEO Wade Foster avoids thinking about fundraising as much as possible. Profitable for years, his startup, which provides automation tools that connect apps together, gets plenty of interest from venture capitalists. Foster prefers thinking about his customers, he says: museum tour guides, Etsy sellers and coffee shop owners who don’t have time to follow […]

Tips

No-code development platform Webflow raises $140 million at a $2.1 billion valuation

Transform 2021 Join us for the world’s leading event about accelerating enterprise transformation with AI and Data, for enterprise technology decision-makers, presented by the #1 publisher in AI and Data Learn More Webflow, a cloud-based no-code website development and hosting platform used by major enterprises such as Allianz, Rakuten, Zendesk, and Dell, has raised $ […]

News

Honeywell lays down $1.3 billion to drive AI and IoT into life sciences

Honeywell announced yesterday it will acquire Sparta Systems for $ 1.3 billion to gain control of quality management software (QMS) that the company is promising to augment with machine learning algorithms and other AI capabilities. Within the life sciences sector, Honeywell is also pledging to integrate the TrackWise Digital QMS software from Sparta with internet […]

Miscellaneous

In a Single Tweet, Trump Threatens to Throttle Congress’s $900 Billion Covid-19 Relief Bill 

After weeks of tense negotiations, hand-wringing, and haggling, Congress finally agreed on a new Covid-19 relief bill. Then on Tuesday evening–the week many expected President Donald Trump to sign the $ 900 billion package into law–he tweeted out a video expressing his dismay with a number of elements in the bill, threatening to throttle the deal entirely. […]

News

Lidar startup Innoviz goes public via $1.4 billion SPAC merger

The cutting-edge computer architecture that’s changing the AI game Learn about the next-gen architecture needed to unlock the true capabilities of AI and machine learning. Register here Israeli lidar startup Innoviz Technologies today announced that it will become publicly listed through a special-purpose acquisition company (SPAC) merger, where a “blank check” shell corporation — Collective […]

Miscellaneous

What Salesforce’s $27.7 Billion Acquisition of Slack Means for the Workplace

Salesforce is set to take ownership of the reigning workplace chat tool of the pandemic.  The software company announced today that it plans to acquire Slack, the 11-year-old collaboration software maker co-founded by Stewart Butterfield and Cal Henderson, in a cash and stock transaction worth $ 27.7 billion. The deal marks the largest purchase in Saleforce’s history, and is among the top 10 biggest acquisitions […]

News

Salesforce’s Einstein platform is now serving over 80 billion predictions per day

When it comes to customer expectations, the pandemic has changed everything Learn how to accelerate customer service, optimize costs, and improve self-service in a digital-first world. Register here In September 2016, Salesforce launched Einstein, an AI platform to power predictions across all of the company’s cloud-hosted products. Just over four years after Einstein’s debut, Salesforce […]

Expansion

How to Grow Your Small Startup Into a $4 Billion Cult Favorite, According to the Founder of KIND Snacks

November 18, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. Every entrepreneur wants to build the next big iconic brand. But how do you put yourself on that trajectory? I spoke to Daniel Lubetzky, who is returning to Shark Tank for his second season. Having founded and built KIND from one out-of-the-box […]

Miscellaneous

How Kind Turned 17 Years, 8 Product Lines, and a Love for Healthy Snacking into a $5 Billion Exit

Seventeen years after launching Kind, founder Daniel Lubetzky has found his exit strategy. The New York City-based maker of Kind bars will be acquired by snack food and petcare giant Mars, the companies announced on Tuesday. The deal has been oft-rumored ever since Mars, one of the largest privately-held companies in the U.S., purchased a […]