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Klaviyo Plans to Take Marketing Automation Platform Public 
Klaviyo Plans to Take Marketing Automation Platform Public 
August 27, 2023  |  IPO

Marketing automation firm Klaviyo says it plans to go public. The company filed paperwork Friday (Aug. 25) with the Securities and Exchange Commission (SEC) announcing its intent to list on the...

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Databricks’ Value Could Reach $43 Billion in New Funding Round
Databricks’ Value Could Reach $43 Billion in New Funding Round
August 27, 2023  |  Data

Databricks is reportedly weighing a funding round that would value it at $43 billion. The software maker is in talks with T. Rowe Price, Reuters reported Friday,...

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Safaricom Launches M-Pesa Mobile Money Service in Ethiopia
Safaricom Launches M-Pesa Mobile Money Service in Ethiopia
August 27, 2023  |  Mobile Wallets

Kenyan telecom Safaricom has brought its mobile money service M-Pesa to Ethiopia. As the Financial Times (FT) reported Saturday (Aug. 26), the service went live in Africa’s second-most populous country...

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Report: Hostess Weighs Sale After Takeover Interest From Food Giants
Report: Hostess Weighs Sale After Takeover Interest From Food Giants
August 27, 2023  |  Acquisitions

Some of the world’s biggest food companies are reportedly interested in buying Hostess Brands. The Twinkies-maker is considering a sale after hearing takeover interest from companies...

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Report: Cloud Security Startup Wiz Eyeing Acquisition of SentinelOne
Report: Cloud Security Startup Wiz Eyeing Acquisition of SentinelOne
August 25, 2023  |  Acquisitions

Cloud cybersecurity startup Wiz is contemplating a potential bid to acquire cybersecurity firm SentinelOne. This move would mark a significant departure from the norm for a startup,...

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Instacart Files for IPO, Says Online Penetration in Grocery Could Double
Instacart Files for IPO, Says Online Penetration in Grocery Could Double
August 25, 2023  |  IPO

Grocery delivery firm Instacart has filed a registration statement for a proposed initial public offering (IPO). Maplebear, the company that does business as Instacart, filed...

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Stellar Launches to Help Businesses Deploy AI
Stellar Launches to Help Businesses Deploy AI
August 25, 2023  |  artificial intelligence

Indianapolis-based company Stellar has officially launched its mission to help businesses gain a competitive edge by integrating generative artificial intelligence (AI), large language models (LLMs)...

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Report: Amazon and Disney Discussing Collaboration for ESPN Streaming
Report: Amazon and Disney Discussing Collaboration for ESPN Streaming
August 25, 2023  |  Streaming

Amazon is reportedly in talks with The Walt Disney Co. to develop a streaming version of sports network ESPN. In addition, the two companies are discussing Amazon taking a...

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Treasury and IRS Propose New Reporting Rules for Digital Asset Sales
Treasury and IRS Propose New Reporting Rules for Digital Asset Sales
August 25, 2023  |  Cryptocurrency

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have proposed regulations that aim to “close the tax gap” in the sale and exchange of digital assets. These...

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