Perplexity’s bid is $34.5bn. Perplexity is worth $18bn. How does that work? As noted earlier, the bid is $34.5bn – there are two sides to the question of this figure. One is what Chrome is worth, which some experts believe is far, far higher than that. The CEO of DuckDuckGo (another browser) recently testified in […]
Korea Investment Partners Co. (KIP), one of South Korea’s largest venture capital and private equity firms, has invested $10 million in Elon Musk’s SpaceX, citing the US aerospace company’s dual growth engine of reusable rockets and its expanding Starlink satellite Internet network. According to investment banking sources on Wednesday, KIP purchased $10 million worth of […]
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Customers arrive at a Cava restaurant in New York City on June 22, 2023. Brendan Mcdermid | Reuters Cava on Tuesday lowered its full-year forecast for same-store sales growth after a disappointing second quarter. For the full year, Cava now anticipates same-store sales growth of 4% to 6%, down from its prior range of 6% […]
August 12, 2025, 1:30 PM HST County of Maui’s Kalana O Maui building (left) is pictured in Wailuku. PC: County of Maui The County of Maui’s Department of Finance Accounts Division was recently awarded for “excellence in financial reporting” by the Government Finance Officers Association of the United States and Canada. The honor — titled […]
PM Orbán underscored the significance of U.S. President Donald Trump’s public reference to him before the meeting, describing it as a reflection of Hungary’s political stability and his own long record of leadership. “In diplomacy, experience counts,” he said, noting that as Europe’s longest-serving head of government, it is natural for global leaders to seek […]
For most entrepreneurs, taxes are a regular part of running a business. However, certain types of organizations can qualify as tax-exempt, meaning they are not subject to federal income taxes. Securing this status involves meeting and maintaining certain qualifications. Below, we’ll break down what it means to be tax-exempt and how you can apply. [Read […]
US spot Ethereum exchange-traded funds attracted more than $1 billion of net new money on Monday, their largest single-day haul since launching earlier this year, according to flow trackers such as Farside and WatcherGuru US spot Ethereum exchange-traded funds attracted more than $1 billion of net new money on Monday, their largest single-day haul since […]
Earlier this month, President Trump fired Erika McEntarfer, the commissioner of the Bureau of Labor Statistics (BLS), after the July report showed just 73,000 new jobs added and downward revisions in May and June. In July, he pressured the Federal Reserve to cut interest rates, even suggesting the removal of Fed Chair Jerome Powell. These […]
Retail growth is ‘barely touches the sides’ due to increased costs Growth in the retail sector is “barely touching the sides” when it comes to costs, bosses have warned July retail sales were up 2.5 per cent on a year ago but they were not close to covering the the last budget’s £7 billion in […]
