Morgan Stanley is leading a new investment round in Databricks, a provider of machine-learning and data-analytics software, that will value the eight-year-old company at $38 billion, reported Bloomberg. The round is worth at least $1.5 billion, according to Bloomberg, and comes six months after Databricks raised $1 billion in Series G funding led by Franklin Templeton at a $28 billion...
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The Briefing Apple Entertainment
Apple’s Mac Renaissance
For a company as routinely successful as Apple, continued success can get repetitive. Tonight’s earnings call, for instance, was so full of the usual hyperbole about record revenues that Chief Financial Officer Luca Maestri repeated a segment of his commentary without missing a beat. But within the eye-glazing recitations of Apple’s various records—and, for the TV service, its award nominations...
DOJ, State AGs say Epic Games Antitrust Ruling Was Wrong
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Robinhood Stock Sinks as it Forecasts Steep Drop in Revenue
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