Smartsheet CEO Mark Mader. Source: Smartsheet Collaboration software maker Smartsheet announced Tuesday Blackstone and Vista Equity Partners will acquire it in an all-cash deal valuing the company at about $8.4 billion. Stockholders will receive $56.50 per share, a 41% premium to Smartsheet’s average closing price over the last three months. The company had been gauging … Read more
U.S. Vice President and Democratic presidential candidate Kamala Harris speaks at a campaign event at the Throwback Brewery, in North Hampton, New Hampshire, on September 4, 2024. Joseph Prezioso | AFP | Getty Images WASHINGTON — Eighty-eight current and former top executives from across corporate America have endorsed Vice President Kamala Harris for president in … Read more
The U.S. is home to the majority of the world’s data centers, with more than 2,800. The closest nation after that is the United Kingdom, with less than 400, according to the Data Center Map. Data centers are the physical vertebrae of internet infrastructure, supporting cloud computing capabilities and artificial intelligence. The value of the … Read more
Jacob Kupferman | Getty Images The NFL’s most exclusive club is about to let in new members. At a special league meeting in Eagan, Minnesota, on Tuesday, the National Football League’s 32 owners are expected to vote in favor of allowing select private equity firms to buy up to a 10% stake of a team. … Read more
An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, U.S. March 13, 2019. Joshua Roberts | Reuters Boeing executives spent years after two fatal 737 Max … Read more
U.S. President Joe Biden greets members of the U.S. Border Patrol at the U.S.-Mexico border in Brownsville, Texas, U.S., February 29, 2024. Kevin Lamarque | Reuters Immigration — both authorized and unauthorized — has helped the U.S. job market sustain a fiery run in recent months without reigniting inflation, economists and analysts say. The effect … Read more
US President Donald Trump gestures as CEO of Bank of America Brian Moynihan (L) speaks during a meeting with banking leaders to discuss how the financial services industry can meet the needs of customers affected by COVID-19 at the White House in Washington, DC on March 11, 2020. Brendan Smialowski | AFP | Getty Images … Read more
Former US President and Republican presidential candidate Donald Trump points as he arrives back at Trump Tower after being convicted in his criminal trial in New York City, on May 30, 2024. Timothy A. Clary | AFP | Getty Images Former President Donald Trump will attend a private meeting with one of the most powerful … Read more
Michael Intrator, CEO of CoreWeave, participates in a CNBC interview on May 9, 2024. CNBC Fresh off a $1.1 billion equity funding round, artificial intelligence infrastructure startup CoreWeave has raised $7.5 billion in debt so that it can more heavily invest in its cloud data centers. Blackstone’s funds led the lending round, with participation from … Read more
The New York Stock Exchange welcomes Squarespace, Inc. (NYSE: SQSP), on May 19, 2021, in celebration of its Direct Listing. NYSE Squarespace, the website-building platform, announced on Monday it would go private in a $6.9 billion all-cash deal with private-equity firm Permira, after nearly three turbulent years on the public market. Permira agreed to pay … Read more
