Most early-stage startups have less than one year of runway, adding to pressure on these companies to raise capital despite unfavorable market conditions. As capital reserves dwindle, investors expect there will be a rush of companies seeking capital in 2023. Investment firm January Ventures found that of the 450 founders in the U.S. and Europe polled, 85% had less than 12 months of cash on...
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Why DOJ’s Damaging Evidence Against Google May Not Be Enough to Break Up the Company
Justice Department lawyers on Tuesday revealed embarrassing details about Google’s conduct in the online ad industry as part of a new antitrust lawsuit. Despite evidence and allegations that Google rigged advertising auctions and effectively stole money from website publishers that rely on the company’s advertising tools, the DOJ will have a hard time winning the case and breaking...
Intel Shares Plummet After Weak Earnings, Sales Forecast
SAP Lays Off 2.5% of Workforce, Eyes Sale of Qualtrics Stake
Comcast’s Peacock Loses Nearly $1 Billion in Q4
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