Workflow
Eric Baker's long, winding road to taking StubHub public
TechCrunch· 2025-09-18 07:33
Ticket reseller StubHub went public on Wednesday. Although StubHub’s shares closed 6% below their IPO price of $23.50, valuing the company at over $7 billion, the public debut itself is a testament to the co-founder’s decades-long perseverance.StubHub CEO Eric Baker co-founded the company with Jeff Fluhr in 2000 while they were attending the Stanford Graduate School of Business. This was shortly after the dotcom bubble burst and NASDAQ crashed, but the pair didn’t give up. “Stupid competitors went away and ...
BitGo Wins BaFin Approval to Offer Regulated Crypto Trading in Germany
FinanceFeeds· 2025-09-18 07:32
Crypto custody provider BitGo has secured regulatory approval in Germany to expand into digital asset trading, making it one of the few firms in Europe licensed to provide custody, staking, and trading under a single framework.The green light from Germany’s financial regulator BaFin allows BitGo Europe, based in Frankfurt, to offer both over-the-counter (OTC) and electronic trading for a wide range of cryptocurrencies and stablecoins, the company said on Wednesday. The move extends BitGo’s business beyond i ...
Netskope Announces Pricing of Initial Public Offering
Prnewswire· 2025-09-18 07:32
The shares are expected to begin trading on the Nasdaq Global Select Market on September 18, 2025 under the ticker symbol "NTSK." The offering is expected to close on September 19, 2025, subject to the satisfaction of customary closing conditions. In addition, Netskope has granted the underwriters a 30-day option to purchase up to an additional 7,170,000 shares of Class A common stock to cover over-allotments. Morgan Stanley and J.P. Morgan are acting as lead book-running managers for the proposed offering. ...
Andreas Halvorsen Slashes Meta, Trims High-Beta Bets
Acquirersmultiple· 2025-09-18 07:30
According to their latest 13F filings, Andreas Halvorsen’s Viking Global Investors LP made aggressive reductions across multiple high-profile holdings in Q2 2025, signaling a broad shift away from higher-beta growth stocks. The most dramatic cut came in Meta Platforms Inc. (META), where the fund pared back nearly its entire position. Meta Platforms (META) – Biggest Reduction Shares: 265,499 Change: ↓ –1,200,812 (Previously: 1,466,311) Value: $195.96M % Change: –81.89% Viking slashed its META stake by alm ...
Ascletis Presented Phase III Study Results of First-in-Class FASN Inhibitor Denifanstat (ASC40) for Acne Treatment in the Late Breaking News Sessions of the European Academy of Dermatology and Venereology (EADV) Congress 2025
Prnewswire· 2025-09-18 07:30
Accessibility StatementSkip Navigation --Denifanstat (ASC40) met all primary, key secondary and secondary efficacy endpoints (ITT analysis) and significantly improved moderate-to-severe acne compared with placebo. --Denifanstat (ASC40) demonstrated a favorable safety and tolerability profile. Treatment emergent adverse events (TEAEs) in the denifanstat (ASC40) group were comparable to placebo: 58.6% versus 56.3%. The majority of TEAEs were mild (Grade 1) or moderate (Grade 2). --Pre-New Drug Application (ND ...
Nexstar Will Pull ‘Jimmy Kimmel Live!' From Its ABC Stations ‘Indefinitely' After Kimmel's Comments On Charlie Kirk
Forbes· 2025-09-18 07:30
Topline“Jimmy Kimmel Live!” will be removed from local ABC stations owned by Nexstar “indefinitely,” according to a statement from the broadcasting giant, pulling the show after its host made comments about conservative activist Charlie Kirk, who was assassinated last week.Kimmel speaks at the 2022 Media Access Awards presented by Easterseals and broadcast on November 17, 2022. (Photo by 2022 Media Access Awards Presented By Easterseals/Getty Images for Easterseals)Getty Images for Easterseals ...
3 Undervalued Stocks Hiding in a Market at Record Levels
The Smart Investor· 2025-09-18 07:30
As the Straits Times Index (STI) hits historic highs, many investors are left wondering if there is any value left to be uncovered.When stocks appear expensive, it often obscures individual gems that are trading below their intrinsic value. For the smart investor, this is where real opportunities await.  Amidst the record-level noise, three established Singapore-listed companies present a compelling case of undervaluation. Hongkong Land (SGX: H78)Hongkong Land is a property investment, management and develo ...
Bakkt Holdings Acquires bitcoin.co.jp Domain
Businesswire· 2025-09-18 07:28
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. ("Bakkt†or the "Company†) (NYSE: BKKT) today announced that it has decided to forgo the rights to the domain www.bitcoin.jp and has instead finalized the acquisition of the Web domain www.bitcoin.co.jp. The Company believes that this is the premier domain name suffix for Japan, more akin to the ".com†domain name elsewhere in the world. About Bakkt Founded in 2018, Bakkt builds solutions that enable our clients to grow with the crypto econ. ...
SiTime releases new chip aimed at wearable gadgets
Reuters· 2025-09-18 07:27
SiTime on Wednesday released a new chip aimed at helping it enter a $4 billion market and land customers in wearable electronic devices. ...
Sangoma Technologies Corporation (SANG) Q4 Earnings and Revenues Top Estimates
ZACKS· 2025-09-18 07:26
Sangoma Technologies Corporation (SANG) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to a loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +100.00%. A quarter ago, it was expected that this company would post a loss of $0.03 per share when it actually produced a loss of $0.03, delivering no surprise.Over the last four quarters, the comp ...