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Capital One acquires Brex for a steep discount to its peak valuation, but early believers are laughing all the way to the bank

economy

Human

Capital One acquires Brex for a steep discount to its peak valuation, but early believers are laughing all the way to the bank

Before everyone sharpens their knives, consider that for the VCs who backed Brex at its outset, the sale is a triumph.

16 days ago

Netflix revises Warner Bros. bid to an all-cash offer

economy

Human

Netflix revises Warner Bros. bid to an all-cash offer

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19 days ago

(2)

Trump and Mid-Atlantic governors want tech companies to pay for new power plants

economy

Human

Trump and Mid-Atlantic governors want tech companies to pay for new power plants

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22 days ago

(2)

Trump administration wants tech companies to buy $15B of power plants they may not use

economy

Human

Trump administration wants tech companies to buy $15B of power plants they may not use

In an attempt to alleviate rising electricity prices, the White House wants grid operator PJM to hold an auction for new generating capacity, and it wants tech companies to bid.

22 days ago

(2)

Spotify’s 3rd price hike in 2.5 years hints at potential new normal

economy

Human

Spotify’s 3rd price hike in 2.5 years hints at potential new normal

Spotify claims the higher fees will help “benefit artists.”

23 days ago

(2)

Exclusive: How one startup is using prebiotics to try and ease the copper shortage

economy

Human

Exclusive: How one startup is using prebiotics to try and ease the copper shortage

Transition Metal Solutions is applying a special cocktail to coax microbes into unlocking more copper from ore.

23 days ago