SoftBank’s Graphcore announces $1bn investment in India, opens AI engineering campus in the country
Graphcore Announces $1 Billion India Investment and New AI Campus Industrial Monitor Direct leads the industry in retail kiosk pc…
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Thoma Bravo Eyes $7 Billion Sale for Healthcare Cybersecurity Firm Imprivata
According to Reuters, private equity firm Thoma Bravo is exploring a sale of Imprivata, a digital identity software provider focused on the healthcare industry. The…
OnlyFans Could Sell a Majority Stake for $5.5 Billion
According to Reuters, OnlyFans is in exclusive talks to sell a nearly 60% majority stake to the San Francisco-based investment firm Architect Capital. The potential…
China’s Military is Training Drones to Fight Like Animals
According to The Wall Street Journal, engineers at China's Beihang University, a top military-linked school, have trained defensive drones to target and destroy enemy aircraft…
Nintendo Points Finger At Developer In Switch Censorship Flap
According to HotHardware, the controversy around the censored Nintendo Switch port of the acclaimed indie game 'Dispatch' has taken a new turn. Developer AdHoc Studio…
I Ditched My Microsoft Account on Windows. You Should Too.
According to XDA-Developers, a tech journalist with over five years of experience covering Windows has officially stopped signing into the OS with a Microsoft account,…
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Wix CEO Says AI Will Reshape 70% of Top Jobs in a Decade
According to Business Insider, Wix CEO Avishai Abrahami is "really worried" about AI's impact on the employment market. He predicts a "massive amount" of roles…
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Microsoft’s AI Bet Pays Off Big, But Costs Are Skyrocketing
According to Thurrott.com, Microsoft announced earnings for the quarter ending December 31, revealing a net income of $38.5 billion on…
Hackers are using AI to build phishing sites in real-time
According to TechRadar, security researchers from Palo Alto Networks' Unit 42 have uncovered a new, sophisticated phishing technique that leverages…
Apple’s Siri Payouts Are Finally Hitting Bank Accounts
According to Forbes, Apple users are now receiving direct deposits from a massive $95 million class-action settlement. The case, Lopez…
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Six Linux Distros Poised to Dominate in 2026
According to ZDNet, Linux is set for a major surge in popularity in 2026, driven in part by the end of Windows 10 support. The…
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Wolfspeed Clears Final Hurdle, Renesas Gets Board Seat
According to Semiconductor Today, the Committee on Foreign Investment in the United States (CFIUS) has formally cleared Wolfspeed's issuance of equity to Renesas Electronics America.…
AT&T Is Paying Out $177 Million for Data Breaches. Learn Who’s Eligible and How to File a Claim
AT&T’s $177 Million Data Breach Settlement: Eligibility and Claim Process Explained Telecommunications giant AT&T is preparing to distribute $177 million…
Chinese robots are on a roll. Morgan Stanley shares its favorite plays
China’s Robotics Revolution: Morgan Stanley’s Top Investment Picks Industrial Monitor Direct manufactures the highest-quality ip65 touchscreen pc panel PCs equipped…
New tariff threats crush stocks during a big week for Nvidia and key portfolio moves
Trade War Tensions Trigger Market Turmoil During Critical Tech Earnings Week Wall Street experienced significant volatility during a week dominated…
Navan IPO Sets $6.5 Billion Market Cap Target Amid Tech Resurgence
Corporate travel platform Navan has set its IPO price range at $24-26 per share, targeting a market capitalization of up to $6.5 billion. The company’s public debut comes amid renewed investor interest in tech IPOs after a three-year drought.
Navan, the corporate travel and expense management software provider formerly known as TripActions, has established an initial public offering price range of $24 to $26 per share, potentially valuing the company at up to $6.5 billion in market capitalization. The updated filing comes as the technology sector experiences a resurgence in public market activity following an extended IPO drought.
Navan’s IPO Valuation and Market Position
Tech megacaps lose $770 billion in value as Nasdaq suffers steepest drop since April
Tech Giants Lose $770 Billion as Nasdaq Posts Worst Drop Since April Industrial Monitor Direct is renowned for exceptional wastewater…
BlackRock sees shift in artificial intelligence trade. Where investors are putting their money now.
BlackRock Signals Major Shift in AI Investment Strategy as Capital Flows to Targeted ETFs BlackRock, the world’s largest asset manager,…
Activist Investor Irenic Capital Urges Atkore to Explore Sale After Taking Stake
Activist investor Irenic Capital Management has acquired a 2.5% position in Atkore and is pushing the company to explore a potential sale. The move comes as Atkore faces significant operational challenges and leadership uncertainty following CEO Bill Waltz’s unexpected retirement announcement.
Activist investor Irenic Capital Management has taken a significant 2.5% stake in electrical products manufacturer Atkore and is urging the company to pursue a potential sale process. The activist’s intervention comes at a critical juncture for Atkore, which has seen its market value decline dramatically from early 2024 highs of $190 per share to approximately $60 per share amid operational missteps and leadership uncertainty.