BusinessStartups

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

Software GuidesTelecom

Google Blocks Android VoLTE Hack for Pixel Phones in Unsupported Regions

Google has patched the Android exploit that allowed Pixel users to enable VoLTE globally. While a new workaround exists for VoLTE, VoWiFi access now requires rooting or waiting for official carrier support. This impacts users who import Pixel devices to unsupported countries.

Google has officially blocked an Android hack that previously enabled Pixel phone users to activate VoLTE (Voice over LTE) in regions where carrier support is unavailable. This development affects enthusiasts who import Pixel devices from other markets, as they now face limitations with essential calling features. Fortunately, a new method has emerged to restore VoLTE functionality, but accessing VoWiFi (Voice over Wi-Fi) currently requires either rooting the device or awaiting expanded official carrier support from Google.

Why Pixel phones face VoLTE and VoWiFi restrictions