Grocery delivery service Instacart on Friday said its core business turned profitable after making public its filing for a long-awaited stock market launch, while also disclosing an investment from PepsiCo Inc .
Databricks, a data analytics platform using artificial intelligence, is in discussions with T. Rowe Price about a new funding round that would value the company at $43 billion, Bloomberg News reported on Friday.
Private equity firm Veritas Capital has made an offer to buy BlackBerry Ltd , according to a person familiar with the matter, months after the Canadian technology company began a strategic review.
Shares in Better Home & Finance Holding clawed back some lost ground in early trading on Friday, after the online mortgage lender plunged in a dismal debut a day earlier following a merger with a blank-check company.
Investment firm Tiger Global Management LLC, known for its early bets on tech firms like Meta and Spotify , on Friday told limited partners it was targeted in a series of misinformation attacks by a former employee, according to a letter seen by Reuters.
Sweden’s Ericsson predicted on Friday intellectual property rights (IPR) licensing income of 11 billion Swedish crowns ($1 billion) this year after it renewed a patent cross-licensing agreement with China’s Huawei.
The European Central Bank needs to measure the impact of the digital euro on the euro zone’s banking system before any final decision on its potential launch, Spain’s deputy central bank governor Margarita Delgado said on Friday.
Larsen & Toubro and Hindustan Aeronautics are among companies vetted to potentially bid in India’s efforts to privatise its small satellite launch rocket, a source told Reuters, as the government seeks more investment in the booming space market.
Russian and U.S. space authorities have agreed an additional flight for an American astronaut on board Russia’s Soyuz MS spacecraft, Interfax news agency said on Friday, in a rare sign of bilateral cooperation at a time of high tension over Ukraine.
Cryptocurrency brokers, including exchanges and payment processors, would have to report new information on users’ sales and exchanges of digital assets to the Internal Revenue Service (IRS) under a proposed U.S. Treasury Department rule published on Friday.
