equity

AWS, Amazon’s cloud computing unit, today announced the Education Equity Initiative, which aims to provide “education organizations with technologies to build digital learning innovations for underrepresented communities.” AWS is committing...

Elon Musk’s artificial intelligence startup xAI has raised another $6 billion from investors as it ramps up competition with Sam Altman-led OpenAI, according to a regulatory filing.

Nikola Corp., a producer of battery and hydrogen-electric trucks, has taken several steps to repay its debts and raise equity, including offering up to $100 million in a common stock sale.  The beleaguered company is still dealing with the...

CarDekho SEA, a Singapore-based auto financing service platform, has raised $60 million in equity, valuing the company at over $300 million, from Navis Capital Partners and Dragon Fund. This is its first round of external funding, following a...

Buffalo sold a stake to Arctos Partners, while Ares Management is acquiring a piece of the Dolphins.

The Department of Education has shelled out at least $1 billion on various diversity, equity and inclusion (DEI) initiatives since 2021, a new study has found, caveating that the true figure is likely even higher.

The company's spyware, dubbed Graphite, is capable of hacking phones and stealing private communications. © 2024 TechCrunch. All rights reserved. For personal use only.

Honda and Nissan are reportedly set to discuss a merger. The Japanese publication Nikkei said the two automakers plan to sign a memorandum of understanding to sort out shared equity stakes in a new holding company for the consolidated rivals. The...

OpenAI CEO Sam Altman sat before Congress in 2023 to testify about the dangers of AI. He told American lawmakers at the time that he owns no equity in OpenAI, something he’s said many times, claiming he just runs the company because he loves it....

It has been a busy year in the private equity realm, with countless big-money acquisitions unfolding. The take-private space specifically has seen some sizable transactions, with private equity firms spearheading more than a dozen billion-dollar...

Costco's board of directors is urging shareholders to vote against a proposal that would eliminate the wholesale retailer's diversity, equity and inclusion (DEI) program.

The lawsuit is part of a growing push among some conservatives to curtail diversity, equity and inclusion initiatives in corporate America.

A Costco board member has taken aim at companies rolling back diversity, equity and inclusion policies, calling for businesses to "maximize" DEI instead.

Watch Mosaic’s CEO Ian Gutwinski sit down for an in-depth interview with NY Post’s Lydia Moynihan. Ian explains that Mosaic is the world’s first digital deal-modeling platform, which streamlines the work of private equity firms and investment...

New York Gov. Kathy Hochul wants to make it more difficult for private equity firms and hedge funds to buy up residential real estate properties in the Empire State.

Meta isn't stopping at moderation changes. According to both Axios and The New York Times, the company is also pulling the plug on diversity, equity and inclusion (DEI) initiatives. That includes removing diversity hiring goals, eliminating the...

Apple’s board of directors has come out in opposition to a proposal seeking to end the company’s Diversity, Equity, and Inclusion (DEI) programs.  In a proxy filing, the company said the National Center for Public Policy Research (a conservative...

Deputy Chief Kristine Larson -- who heads the Equity and Human Resources Bureau -- was addressing accusations that female firefighters aren't strong enough carry a man out of a burning building.

A new report claims that state taxpayers and undergraduate students are being forced to subsidize diversity, equity, and inclusion (DEI) course mandates at public universities across the nation, costing nearly $2 billion.

Walmart's decision to dial back its diversity, equity and inclusion "DEI" programs was widely celebrated by conservatives, but some shareholders and Democratic officials are pushing back.