(Reuters) -Software startup ServiceTitan is seeking a valuation of up to $5.95 billion in its U.S. initial public offering by raising the price at which it plans to sell shares, it said on Tuesday, amid a revival in the capital market for new listings in 2024. The company said it would still sell 8.8 million…
(Reuters) – Alphabet’s Google, along with TPG Rise Climate and other investors, is backing clean energy developer Intersect Power as part more than $800 million funding round, the company said on Tuesday. Google’s capital investment in Intersect Power comes as the tech giant, like other “hyperscalers” including Microsoft and Meta, races to bolster its domestic…
NEW YORK (Reuters) -Super Micro Computer Chief Executive Charles Liang on Tuesday said he is confident the technology company’s stock will not be delisted from the Nasdaq. On the sidelines of the Reuters NEXT conference in New York, Liang said Super Micro would file its necessary financial reports by February. The embattled company received a…
(Reuters) – Walgreens Boots Alliance is in talks to sell itself to private equity firm Sycamore Partners, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The pharmacy chain and Sycamore have been discussing a deal that could be completed early next year, assuming talks don’t fall apart, the report added….
(Reuters) – Shares of Google parent Alphabet rose about 5% on Tuesday after it unveiled a new generation chip that the company said helped overcome a key challenge in quantum computing. Google on Monday introduced a new chip called Willow, which solved in five minutes a computing problem that would take a classical computer more…
