Report: ShipBob Planning to Launch IPO With $4 Billion Valuation
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Report: Rippling in Discussions on Funding Round, $13.4 Billion Valuation
Rippling is reportedly in discussions to raise $870 million at a valuation of $13.4 billion. This round would include a $200 million injection of capital and $670 million of shares being sold by existing stockholders, TechCrunch reported Tuesday (April 16), citing unnamed sources. Reached by PYMNTS, Rippling declined to comment on the report. This funding would be the […]
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911 outages reported in 4 states as emergency call services go down temporarily
Multiple states lost access to emergency dispatchers late last night, meaning that residents could not call 911. The issue affected parts of Nebraska, Texas and Nevada, and all of South Dakota. The outage was first reported around 10 p.m. local time. Service was restored around midnight, officials said. In Texas, the City of Del Rio Police Department said the outage was because of "an outage with a major cellular carrier." The department did not specify which cellular carrier was responsible....
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IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.