People who asked not to be named because the talks are private described a two-part raise that prices Baseten at $26 billion in the first tranche and $30 billion in the second. Axios previously flagged the $26 billion number. Requests for comment went…
Disney has reportedly axed plans to expand one of its theme park resorts. In 2023, Disney announced plans to invest approximately $60 billion in its Experiences division over the following decade. Since then, the company has unveiled major expansions across its global…
Two more San Francisco tech employers are trimming their payrolls. Front and Dropbox have disclosed a combined 110 permanent layoffs at their local offices, with Front cutting 53 positions and Dropbox eliminating 57 roles at its headquarters. The San Francisco layoffs are part…
Comcast is laying off 634 employees at its Philadelphia headquarters, as the telecommunications and media giant pursues a cost-cutting transformation and invests in artificial intelligence. The layoffs are to begin taking effect Dec. 31, according to a notice the company filed with…
Perrigo said on Thursday that it will sell its infant formula business to privately held contract manufacturing firm MeridianMade for up to $175 million, as the consumer health products company... Perrigo to sell infant formula business to MeridianMade for up to…
Invesco said Tuesday it is working with Anthropic to bring its data to support custom portfolio and practice management available through Claude for Financial Advisors. The company said the new... Investment Management & Fund Operators Invesco Says Working With Anthropic to…
A California WARN notice shows Walt Disney Imagineering layoffs affect 159 employees at the Glendale headquarters, with cuts taking effect December 29, 2026. A new California WARN notice shows the Walt Disney Imagineering layoffs will affect 159 employees at the WDI headquarters in Glendale.
Walt Disney Co. plans to layoff 151 workers across the entertainment giant’s Experiences segment based in Glendale by the end of December, with another eight job cuts coming by Feb. 28, 2027, the Burbank-based company said in a regulatory filing this week. The…
UPDATED 19:59 EDT / OCTOBER 30 2026 Dulo Inc., a startup co-founded by prominent artificial intelligence researcher Sebastian Thrun, has raised $130 million in funding. The Information broke the news of the investment on Thursday. Dulo co-founder Adrian Aoun confirmed the report in a post…
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