Germany’s Henkel raises 2024 outlook on strong Q1
By Reuters API Published May 4, 2024 German consumer goods company Henkel slightly raised its guidance for 2024 on Friday, saying strong performance in the first quarter had boosted its…
Read More
Log In
Sign Up
Iconiq raises $5.15B toward seventh flagship fund
Iconiq Capital has raised $5.15 billion across two funds associated with the seventh growth fund family, according to SEC filings. The firm, which launched in 2011 as a private office…
Read More
Musk raises $6B for AI startup. Also, is TikTok dodging Apple’s commissions?
Welcome to Startups Weekly — Haje’s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Musk’s…
Read More
Kontoor sales dip on inventory woes and Europe, raises full-year earnings outlook on improved margins
Kontoor Brands on Thursday said revenue for the first quarter fell 5 percent to $631 million, hit by retailer inventory management actions in the U.S., a decrease in seasonal product sales,…
Read More
Pandora raises full-year forecast on strong US sales
By Reuters API Published May 2, 2024 Pandora, the world’s largest jewellery maker, raised its full-year guidance on Thursday after sales and profit for its first quarter beat expectations due…
Read More
Axing Tesla’s Supercharger department raises worries as other automakers join network
DETROIT — Elon Musk’s move to lay off the department responsible for Tesla’s electric vehicle chargers has touched off worries in the auto industry that EVs from other automakers will…
Read More
Backflip raises $15 million to help real estate investors flip houses
Flipping houses is not for the faint of heart, no matter how fun or easy HGTV might make it seem. One startup wants to make the process less complicated by…
Read More
Curio raises funds for Rio, an ‘AI news anchor’ in an app
AI may be inching its way into the newsroom, as outlets like Newsweek, Sports Illustrated, Gizmodo, VentureBeat, CNET, and others have experimented with the format. But while most respectable journalists…
Read More
OpenAI Startup Fund quietly raises $15M
The OpenAI Startup Fund, a venture fund related to — but technically separate from — OpenAI that invests in early-stage, typically AI-related companies across education, law and the sciences, has…
Read More
Norwest Venture Partners raises $3B for 17th vehicle, maintaining fund size despite market downturn
Norwest Venture Partners, a 65-year-old firm backed solely by Wells Fargo, has raised its 17th fund at $3 billion. That’s a noteworthy number, given that NVP last raised the same…
Read More