Author: Editor-In-Chief

After the 2021 bubble surge in VC investment failed to yield significant returns from many venture firms, limited partners such as endowments, pension plans, and sovereign wealth funds began funneling the bulk of their capital into a select group of established companies with proven track records. The latest big chunk of capital has flowed into Lightspeed Venture Partners. The 25-year-old venture company announced Monday that it has raised $9 billion in new funding, its largest funding in its history. At a time when few companies have successfully IPOed, Lightspeed was an early investor in Rubrik, Netskope, and Navan, all of…

If SpaceX eventually goes public, the long-anticipated initial public offering is expected to be the largest IPO in history, reshaping valuations across the aerospace industry and delivering a rare blockbuster deal for Wall Street. Elon Musk’s space launch company is preparing to go public next year, reportedly targeting a valuation of around $1.5 trillion, potentially surpassing Saudi Aramco’s IPO record set in 2019. The immediate winner is already clear. It’s a close-knit group of private investors, publicly traded space sector peers, and investment banks vying to take SpaceX public. Here’s who can benefit the most. Private Shareholders SpaceX’s IPO will…

CNBC’s Jim Cramer called KeyBanc’s call to sell ServiceNow stock a “radical move.” KeyBank analyst Jackson Ader downgraded ServiceNow from a hold-equivalent sector weight to an underweight sell. Ardar set a price target of $775, about the same level as the stock traded on Monday, when the stock fell more than 11%. “This is one of the most controversial calls I’ve ever seen,” Jim Cramer said on “Squawk on the Street,” adding that it was a challenge to ServiceNow CEO Bill McDermott. With all due respect to Adar’s quality work, “Bill McDermott could never be left out.” “ServiceNow’s own AI…

Former instacart The employee, who is running for Congress, claimed in the lawsuit that the company fired her out of concern that her Democratic political views could lead to backlash from the Trump administration. Elizabeth Vedernikova Khanna, a candidate for Virginia’s 1st Congressional District, worked as chief of staff to Instacart’s chief executive since early 2023 before being fired in June, according to a lawsuit filed Sunday in San Francisco Superior Court.Khanna, who goes by Lisa, accused the grocery delivery giant of rescinding her initial approval to run for Congress after reviewing a copy of her campaign website’s policy positions,…

The statement came as community groups said there was no evidence of fraud in November’s vote, which was led by Trump-backed candidate Asfura.Published December 15, 2025December 15, 2025Click here to share on social mediaShare 2shareThe head of Honduras’ National Electoral Council (CNE) has condemned efforts to obstruct the ongoing recount of the Central American country’s presidential election, saying the regional body has no reason to suspect fraud in the Nov. 30 vote.Ana Paola Hall’s Monday statement comes amid continued protests and unrest over the unresolved election. Nasri Asfullah, a right-wing businessman who has been publicly supported by US President Donald…

After losing 3-2 to Charlie Manby in the first round of the World Darts Championship, Cameron Menzies punched a table in frustration and was taken to hospital, but later apologized.Menzies led twice in the match, going 2-1 up in the first set, but the 20-year-old from Huddersfield fought back to take it to the deciding set, before both players missed a few darts with doubles before finally pinning him with a double four. When Munby went out to celebrate, Menzies could not hide his frustration and punched the underside of the water table three times, causing the water bottle to…

On December 3, Israel announced that the Rafah border crossing with Egypt would reopen “in the coming days”, allowing Palestinians to leave Gaza for the first time in months. Of course, this statement was framed as a humanitarian measure to allow the return of people who urgently need to travel for medical care, education, or family reunification.However, Israel’s announcement was met with an almost immediate rejection by Egypt, followed by a firm rejection by several Arab and Islamic countries.To other countries, this response may seem cruel. It may appear that Arab states want to forcefully keep Palestinians in Gaza who…

Samuel Boivin | Null Photo | Getty ImagesAdopted by OpenAI Google Albert Lee will lead corporate development, a spokesperson for the artificial intelligence startup confirmed to CNBC. Mr. Lee previously led corporate development for Google Cloud and Google DeepMind. He was involved in several high-profile acquisitions for Google, including the company’s $32 billion acquisition of cloud security startup Wiz, which it announced in March. In his new role, Lee will have a broad perspective across OpenAI as the company focuses on strategic investments and M&A for its next phase of growth, a spokesperson said. His hiring signals that OpenAI will…

Ukraine’s internal security agency SBU said on Monday that it had attacked a Russian submarine in the Black Sea port of Novorossiysk, severely damaging it and rendering it virtually unnavigable. The SBU said in a statement that the operation, which used underwater drones called Subsea Baby, was the first of its kind. A video shared by SBU showed a massive explosion at the port. “As a result of the explosion, the submarine sustained significant damage and became virtually inoperable,” the SBU said. CNN was unable to independently verify this claim. According to a statement from the SBU, the Kilo-class submarines…

This week is shaping up to be a crucial week for the European Union’s Ukraine policy. EU foreign ministers met in Brussels on Monday. EU leaders are scheduled to meet on Thursday. Ukrainian President Volodymyr Zelenskiy meets with US Special Envoy Steve Witkov. At the top of the agenda is a peace plan advocated by US President Donald Trump and continued funding for Ukraine’s war effort.Europe’s strategy so far has been to change the peace plan proposed by the United States in a way that makes it completely unacceptable to Russia. This, European leaders hope, will reinforce the core narrative…