equity

Steward Health Care System, the Boston-based network of 30 hospitals that operate in rural and low-income areas, recently declared bankruptcy.

"This is a matter of morality and justice, equality and equity," the bill's sponsor Council Member Farah Louis said.

I recently adopted a kitten from a local animal shelter. The modern, well-staffed three-story facility relies almost entirely on donations to operate. It’s just one of the 1.8 million nonprofits in the U.S. that need to continually solicit...

Heavy equipment maker Caterpillar is making changes after reviewing its diversity, equity and inclusion (DEI) policies amid mounting scrutiny of such initiatives at corporations around the country.

Rivian has revealed the first $10 million worth of grants from the Rivian Foundation, three years after the EV maker vowed the philanthropy would receive 1% of its equity to make the “natural world” a “stakeholder in our success.” The company...

The private equity firms say that the deal values publicly traded Smartsheet's shares at a 41% premium over its 90-day average closing share price. © 2024 TechCrunch. All rights reserved. For personal use only.

Rivian has revealed the first $10 million worth of grants from the Rivian Foundation, three years after the EV maker vowed the philanthropy would receive 1% of its equity to make the “natural world” a “stakeholder in our success.” Rivian...

According to the FT, the FBI is now poking around nine-year-old Hone Capital, a Palo Alto, Ca.-based venture firm funded by a Chinese private equity firm, to determine whether some of its capital came from the Chinese government — and if it shared...

Following the abrupt departure of OpenAI’s CTO, Mira Murati, CEO Sam Altman is reportedly poised to receive equity in the company for the first time as OpenAI moves away from its longstanding nonprofit structure. Reuters, citing people familiar...

The U.K.s' antitrust authority has concluded that Amazon's partnership and equity investment in AI startup Anthropic can't be investigated under current merger rules due to the size and scope of the deal. © 2024 TechCrunch. All rights reserved. For...

The OpenAI boss reportedly added that investors were pushing for him to receive equity to ensure his interests remain aligned with the firm.

The Manhattan office market continues to surprise with unexpected new leases and expansions – and now, a most unlikely relocation that nobody saw coming.   Bridgewater Associates, the world’s largest hedge fund manager, has inked a deal to open...

The HVAC industry is going through a transformation. The old guard of tradespeople are on the cusp of retiring while private equity firms are consolidating the industry. Airship is building a software solution for HVAC’s next chapter. Airship is...

The new CEO of MariaDB (Plc) says he wants closer-knit collaboration with the foundation behind the eponymous open source database project. He cites the corporation’s newfound stability from its recent acquisition by a private equity firm as to why...

Elias Torres has achieved a lot for somebody who immigrated to the US from Nicaragua at 17 without knowing any English. He served as a VP of engineering at HubSpot before co-founding Drift, a company that sold to Vista Equity for about $1.2 billion...

Website builder Squarespace is no longer a publicly-traded company, after private equity firm Permira procured all remaining common stock in the firm. Permira first revealed plans to acquire Squarespace back in May, offering shareholders in the NYSE...

Zuora, a company selling software to help businesses manage their subscription-based services, has agreed to be acquired by private equity firms GIC and Silver Lake for $1.7 billion. The all-cash deal is expected to close in Q1 2025, subject to...

Wow: It seems even the New York Times is wising up to the truth of DEI, namely that the policies that claim to promote “diversity, equity and inclusion” actually do the opposite — with disastrous consequences. Welcome to reality. In a mammoth...

How much equity in OpenAI will Microsoft get once the former becomes a for-profit company? That’s the multibillion-dollar question — one the two parties are racing to answer ahead of a two-year deadline. The Wall Street Journal reports that both...

Microsoft and OpenAI are reportedly in talks over how much equity the Big Tech giant will receive for its nearly $14 billion investment in the AI firm as it navigates an unusual shift from nonprofit to for-profit entity.