Business Tech News & Articles

Thrive Holdings Just Raised $2 Billion to Buy the Enterprise, Not Sell to It

Everyone is talking about the $2 billion. SoftBank, D1 Capital, Altimeter, a $12 billion valuation. But the number that actually matters is seventy. Thrive Holdings already owns and operates more…

Mark Grantt August 17, 2026

Business Tech

Lovable at $13.3B Is Not a Code Editor. It Is a Power Shift.

Another day, another nine-figure AI round. Except this one doubles a valuation in eight months flat. Lovable closed a $400 million Series C at a $13.3 billion post-money valuation, led…

Mark Grantt August 13, 2026

Business Tech

OpenAI Bought NextSlide Quietly. What It Really Wants Is the Team, Not the Decks.

When NextSlide founder Ahmed Beshry finally posted on the company site that his company had been acquired by OpenAI, he admitted the announcement was "a few months late." The deal…

Mark Grantt August 9, 2026

Business Tech

SpaceX Doubled Revenue and Wall Street Still Doesn’t Understand What It Bought

SpaceX posted $7.8 billion in Q2 revenue last night, a 92% jump from the same quarter last year, and its first set of public earnings since the IPO. The headlines…

Mark Grantt August 5, 2026

Business Tech

Okta’s $200M Permiso Acquisition Admits the Real Threat Is Already Inside

Okta built its empire on the front door. For years, the company’s value proposition was simple: manage who gets access to what, and make that login experience as smooth as…

Mark Grantt August 1, 2026

Business Tech

Elon Musk is now the world’s richest man

Elon Musk the South African-born entrepreneur has surpassed Amazon.com CEO Jeff Bezos to become the richest person on the planet. Musk is currently the CEO of electric carmaker Tesla as…

Mark Grantt January 9, 2021