20B

Technology

Global VC funding fell to $18B in February 2023, dipping below $20B in a single month for the first time since February 2020; late stage fell the most, by 73% (Gené Teare/Crunchbase News)

[ad_1] Gené Teare / Crunchbase News: Global VC funding fell to $18B in February 2023, dipping below $20B in a…

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Technology

Salesforce reports Q4 revenue up 14% YoY to $8.38B vs. $7.99B est., Q1 revenue guidance above est., and a share buyback program increase to $20B; CRM jumps 13%+ (Reuters)

[ad_1] Reuters: Salesforce reports Q4 revenue up 14% YoY to $8.38B vs. $7.99B est., Q1 revenue guidance above est., and…

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Technology

Sources: OpenAI told investors that it expects $200M revenue in 2023 and $1B by 2024; source: it was most recently valued at $20B in a secondary share sale (Reuters)

[ad_1] Reuters: Sources: OpenAI told investors that it expects $200M revenue in 2023 and $1B by 2024; source: it was…

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Movie/review

House Republicans to press Biden admin on $20B of weapons sent to Ukraine

[ad_1] House Republicans plan to pressure the Biden administration to substantially ramp up oversight into the nearly $20 billion worth…

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Politics

Biden admin scrambles to track $20B in Ukraine aid as House Republicans warn of audits

[ad_1] President Biden’s administration is scrambling to track the nearly $20 billion in military aid it has sent to Ukraine…

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Technology

Altive: Xiaohongshu, considered as a Chinese equivalent to Instagram, has been valued at $10B-$16B in private markets in 2022, down from $20B in November 2021 (Financial Times)

[ad_1] Financial Times: Altive: Xiaohongshu, considered as a Chinese equivalent to Instagram, has been valued at $10B-$16B in private markets…

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Technology

Tencent reports Q3 revenue down 2% YoY to ~$19.8B, below ~$20B estimates, and plans to distribute most of its ~$20B Meituan stake to shareholders as a dividend (Josh Ye/Reuters)

[ad_1] Josh Ye / Reuters: Tencent reports Q3 revenue down 2% YoY to ~$19.8B, below ~$20B estimates, and plans to…

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Technology

Sources: the US DOJ is preparing to open an in-depth probe into Adobe's $20B takeover of Figma and has been contacting customers, competitors, and investors (Josh Sisco/Politico)

[ad_1] Josh Sisco / Politico: Sources: the US DOJ is preparing to open an in-depth probe into Adobe’s $20B takeover…

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Technology

Sources: OpenAI is in advanced talks to raise more funding from Microsoft, after a 2021 raise at an implied ~$20B valuation from Sequoia, Tiger, a16z, others (The Information)

[ad_1] The Information: Sources: OpenAI is in advanced talks to raise more funding from Microsoft, after a 2021 raise at…

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Technology

Sources: Intel eyes a valuation of under $20B for the IPO of its Mobileye self-driving car unit, which was originally expected to be valued at ~$50B for its IPO (Corrie Driebusch/Wall Street Journal)

[ad_1] Corrie Driebusch / Wall Street Journal: Sources: Intel eyes a valuation of under $20B for the IPO of its…

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