French B2B software company Planisware raised €278M in a Paris IPO; its shares jumped up to 33% to ~€21 on its debut, giving Planisware a €1.1B valuation — - Stock opens at €21.01 versus €16 per share IPO price — France joins nascent recovery in European IPOs after drought
Apple plans to spend $250M+ on its regional hub in Singapore, including expanding its campus later in 2024, as Tim Cook visits Vietnam and other Asian countries — Apple seeks to diversify its supply chain amid rising U.S.-China tensions and global concerns of decoupling trade
How a network of repair ships helps maintain the estimated 800,000 miles of undersea internet cables; of the 77 cable ships, only 22 are designed for repairs — Field's crew caught the cable on the first try and nearly had it aboard when the rope snapped and slipped back into the sea.
Foxconn Chair Young Liu says the company implemented a rotating CEO system this month, aiming to nurture successors, choosing a leader from its six businesses — Taiwan's Foxconn (2317.TW) has this month started a rotating chief executive system in an overhaul of its management designed …
A look at the failure of Humane's Ai Pin, which took six years to ship after raising $230M, including building the device “the Apple way” and raising too much — Why You Can't Build Apple with Venture Capital — An ex-Apple designer who went on to startup success once told me …
Singapore-based used car marketplace Carro raised ~$100M in pre-IPO funding at a $1.5B+ valuation and reports its first annual operating profit — - Used-vehicle platform courts investors with profit pledges — Carro vies with Malaysia's Carsome for region's top spot
Gary Marcus / Marcus on AI : Medvi, glorified by the NYT as a two-employee startup with $1B+ in revenue, is a warning about how AI can be...
