Adtech platform MNTN valued at $1.6 billion in another sign of IPO markets comeback MNTN, an advertising platform for internet-connected TVs which has actor Ryan Reynolds as its chief creative officer, secured a valuation of $1.62 billion after its shares jumped 31.25% in their debut on the NYSE on Thursday, signaling continued momentum in the recovering IPO market.The U.S. adtech … Read More >>
Google faces DOJ probe over Character.AI deal, Bloomberg Law reports Antitrust enforcers have recently told Google they are examining whether the company structured the agreement with Character.AI to avoid formal government merger scrutiny, the report said, citing people with knowledge of the matter. Google last year signed a licensing deal with Character.AI that granted th … Read More >>
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Alphabet hits near three-month high on new AI updates A $249.99-a-month subscription for its AI power users, teased at its annual developer conference, also allayed concerns over funding the huge costs of the company’s AI development. After the conference, “we are incrementally confident that Google can deliver continued search growth while ramping monetization … Read More >>
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FAA allows SpaceX Starship’s next flight, expands debris hazard zones WASHINGTON (Reuters) -The U.S. Federal Aviation Administration on Thursday said it approved SpaceX’s Starship to return to flight after its explosive test failure in March, allowing Elon Musk’s space company to launch from Texas as soon as next week after redrawing hazard zones along the rocket’s flight path. … Read More >>
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