Databricks raises $1.6B at $38B valuation as it blasts past $600M ARR

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Databricks raises $1.6B at $38B valuation as it blasts past $600M ARR

Databricks this morning confirmed earlier reports that it was raising new capital at a higher valuation. The data- and AI-focused company has secured a $1.6 …
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Top Tencent investor makes $4.7 billion bet on digital payments in India

London (CNN Business) Digital payments are booming in India — and Prosus, the tech investment firm, wants a bigger piece of the action.
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FDA facing demands to snuff out Juul's e-cigarettes

Juul Labs launched its flavored e-cigarettes in 2015 in a flashy campaign called “Vaporized” that featured young models puffing away with gusto.
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Progressives led by AOC call for Biden to replace Fed Chair Powell

New York (CNN Business) Progressive Democrats, including New York Rep. Alexandria Ocasio-Cortez, are calling on President Joe Biden to give the Federal …
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5 things to know before the stock market opens Tuesday

Here are the most important news, trends and analysis that investors need to start their trading day: S&P 500 looks to cement longest monthly win streak in …
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