Buyout Firm Hg Nears Deal to Take OneStream Private
Private equity giant Hg is close to a deal to take OneStream private. The financial planning software company went public in 2024 but has seen its shares fall 35% in the past year.
Category: Startups
Extrox Linux: A Polished, Audio-Focused Spin on MX Linux
Extrox is a new Linux distribution that takes the user-friendly MX Linux base and gives it a modern makeover with the Compiz window manager. Its standout feature is a massive, pre-installed collection of audio plugins and production software. While powerful, it might be overwhelming for true beginne
DayOne’s $2 Billion Bet on AI Data Centers
Data center firm DayOne has secured over $2 billion in a Series C funding round. The capital, led by Coatue and Indonesia’s sovereign wealth fund, will accelerate its expansion in Europe and across Asia to meet booming AI infrastructure demand.
Wall Street’s Monday Moves: Upgrades for Intel, Costco, & Coinbase
Wall Street was busy on Monday with a flurry of analyst upgrades and downgrades. The action spanned from tech giants like Intel and Nvidia to consumer staples like Costco and Estee Lauder.
How a founder landed Mark Cuban with cold emails
Adam Joseph secured a seven-figure investment from Mark Cuban for his AI PR agency, Clipbook, entirely through email. He shared the exchange with Business Insider, revealing Cuban’s direct vetting style. The deal moved “more aggressively and faster” than Joseph expected.
Fizz CEO says social media isn’t social anymore
According to TechCrunch, the anonymous social app Fizz has become the dominant platform on US college campuses. CEO Teddy Solomon argues that traditional social media has stopped being truly social.
Fusion’s Billion-Dollar Bet: Who’s Spending Big to Harness the Sun?
Fusion power is moving from sci-fi to reality, fueled by billions in private investment. Startups like Commonwealth Fusion Systems and Helion are racing to build the first commercially viable reactors, but the path is expensive and fraught with challenges.
Venture Funds Are Having a Rough Year. Here’s Why.
New data shows venture capital funds are returning far less cash to their investors. IPO performance has been mixed, with stocks often falling after their first-day pop.
Applied Digital Spins Off Cloud Biz, Meta Buys an AI Startup
Applied Digital shares are up on news it will spin off its cloud business. Meanwhile, Meta Platforms made a quiet AI acquisition, and Boeing got a major defense contract. Here’s what’s moving the market before the bell.
Meta Acquires AI Agent Startup Manus, Founder Calls It Validation
Meta has acquired the AI agent startup Manus. The company will continue to operate the Manus service, and its team will join Meta to build agents for products like Meta AI. Founder Aaron Yang called the deal a validation of their ambitious vision for general AI agents.