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Snowflake to buy database startup Crunchy Data for about 0 million

Snowflake to buy database startup Crunchy Data for about $250 million

Sridhar Ramaswamy, CEO of Snowflake, speaks at the Semafor World Economy Summit in Washington on April 25, 2025. Tasos Katopodis | Semafor | Getty Images Data analytics software maker Snowflake said Monday it has agreed to buy Crunchy Data, a startup that offers cloud-based database software. Snowflake will pay about $250 million, according to a […]

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Elon Musk’s Neuralink raises 0 million in fresh capital

Elon Musk’s Neuralink raises $650 million in fresh capital

Technology News

Jonathan Raa | Nurphoto | Getty Images Elon Musk’s brain tech startup Neuralink has closed a $650 million funding round, the company announced Monday. ARK Invest, Founders Fund, Sequoia Capital, Thrive Capital, Lightspeed Venture Partners and other firms participated in the round, according to a press release. Neuralink said the fresh capital will help the

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Private equity firm Roark Capital invests in fast-growing restaurant chain Dave’s Hot Chicken

Business News

Private equity firm Roark Capital has bought a majority stake in Dave’s Hot Chicken, the company announced on Monday. Financial terms were not disclosed, but Dave’s CEO Bill Phelps said on CNBC’s “Squawk Box” that the reported $1 billion valuation for the deal is “pretty close.” Since its founding in a Los Angeles parking lot

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Byron Allen puts broadcast TV stations up for sale

Business News

Byron Allen, founder, chairman and CEO of Allen Media Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | Afp | Getty Images Byron Allen is putting his broadcast TV stations up for sale. Allen Media Group said on Monday it has retained investment bank

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SailGP launches sports betting with DraftKings and Bet365

Business News

Ticket holders on Governors Island, New York gather to watch SailGP races, Season 4, New York, Sunday 23rd June 2024. Katelyn Mulcahy for SailGP Fans watching the New York races for international sailing league SailGP this weekend will have another reason to root for their favorite team. SailGP is working with gaming companies DraftKings in

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Here are the retailers raising prices as Trump tariffs take hold

Business News

A person picks out clothing in a store as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of the busiest shopping days of the year, at Woodbury Common Premium Outlets in Central Valley, New York, U.S. November 24, 2023. Vincent Alban | Reuters Consumers who hoped tariffs would not

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China calls out Trump for ‘abuse’ of semiconductor export controls

Technology News

Chinese President Xi Jinping and U.S. President Donald Trump. Dan Kitwoodnicholas Kamm | Afp | Getty Images China is calling out the U.S. for “discriminatory restrictions” in its use of export controls in the chip industry, after the Trump administration accused the world’s second-largest economy of violating a preliminary trade deal between the two countries.

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Caviar and privacy: Airlines’ business-class wars are here

Business News

American Airlines new business-class suite. American Airlines DALLAS — Armed with dollops of caviar and handfuls of Bang & Olufsen headphones, U.S. airlines are duking it out for international business-class dominance. There are even differences between seats in the same cabin. Next week, American Airlines plans to start flying its upgraded business-class “suites” that feature

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Summer rentals in the Hamptons are down 30%

Business News

Key Points Summer rentals in the Hamptons are down 30% from the same period in previous years, according to Judi Desiderio of William Raveis Real Estate. Brokers who focus on ultra-high-end rentals are seeing an even bigger drop and say their rental business is down between 50% and 75%. Some renters may be holding out

Summer rentals in the Hamptons are down 30% Read More »

Costco tops earnings and revenue estimates as sales jump 8%

Business News

The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025. Jay L Clendenin | Getty Images Costco on Thursday posted quarterly earnings and revenue that topped estimates as its sales climbed 8%. Here’s how the warehouse club retailer did in its fiscal third quarter compared with what Wall

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Snowflake to buy database startup Crunchy Data for about $250 million

Elon Musk’s Neuralink raises $650 million in fresh capital

Private equity firm Roark Capital invests in fast-growing restaurant chain Dave’s Hot Chicken

Byron Allen puts broadcast TV stations up for sale

SailGP launches sports betting with DraftKings and Bet365

Here are the retailers raising prices as Trump tariffs take hold

China calls out Trump for ‘abuse’ of semiconductor export controls

Caviar and privacy: Airlines’ business-class wars are here

Summer rentals in the Hamptons are down 30%

Costco tops earnings and revenue estimates as sales jump 8%

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