Robinhood, the trading platform credited with bringing lots of new individual investors into the stock market, is discussing an IPO in the first quarter of next year, Bloomberg reported. The company has asked banks to pitch for underwriting roles, the story said. Robinhood raised $460 million in venture funding last month, following a $200 million funding round in August, with the most...
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Inside Elon Musk’s Plans for X: Shopping and Sports
To turn around X, the company formerly known as Twitter, Elon Musk and CEO Linda Yaccarino are betting on shopping and sports. As Musk and Yaccarino try and turn the company around, there are growing signs they want to make X a shopping destination. For instance, X managers are considering ways of using direct messages on the platform to offer one-click checkout to X users, according to...
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