Whop has closed a $200 million Series D at a $5.1 billion valuation, with Sequoia Capital and Shopify Ventures leading the round. The company, which is headquartered in Palo Alto, California, announced the raise on 21 October. The valuation compares with $1.6 billion in February, when Tether, the stablecoin issuer, put $200 million into the…
By Chris Sutcliffe That approach accelerated in 2020 with the launch of a standalone Independent TV section, and a monetisation-first approach to commissioning video content. At the time, Christian Broughton, then managing director and now CEO of The Independent, said the ambition was to offer a “full-on TV experience,” with the video content sitting across…
With global trade fracturing amid tariffs and risk, corporations are rethinking supply-chain costs. This article appears in the November issue of Global Finance Magazine. When a Citi analyst pressed SIG Group CFO Ann-Kristin Erkens on the company’s first-half call in July about whether its €80 million inventory build would become permanent, he was asking a…
The first big sex scandal of the AI era has taken down Jensen Huang, Nvidia’s co-founder and longtime CEO. Nvidia’s board of directors announced his resignation on Thursday morning and named CFO Colette Kress as interim CEO. Huang has been making headlines all week after news broke Friday that he had an affair with Alice…
The Nvidia board of directors has launched an independent investigation into CEO Jensen Huang following his admission of an extramarital affair with an executive at a Singapore-based customer company. The probe, overseen by a committee of independent directors and outside counsel, seeks to determine if Huang was the target of a foreign intelligence effort linked…
A basic investment strategy helps investors make informed decisions based on their financial goals, risk tolerance and investment timeframe. By understanding the fundamentals of investing, they can select suitable assets, manage potential losses and adjust their portfolios as their circumstances change. Financial products such as UBS Warrants & CBBC offer different ways to gain market…
According to our member association AMI, security alerts led to the evacuation of Caracol Televisión, Caracol Radio, RCN and Semana in Bogotá. AMI also reports continuing threats and acts of violence against journalists in different regions of Colombia, and public statements targeting media outlets and reporters. As AMI points out, these are separate events, but…
When I started designing websites thirty years ago, David Siegel had just published Creating Killer Web Sites, the book that popularised HTML tables and spacer GIFs for laying out web pages. CSS eventually gave us more control over layouts through floats and positioning. Neither was intended for page layout, and inconsistent browser behaviour could make…
Grant Johnsey of Northern Trust discusses shifts in the U.S. Treasuries market and what lies ahead. This article appears in the November issue of Global Finance Magazine. Global Finance sat down with Grant Johnsey, head of Market Solutions, Banking & Markets at Northern Trust, to discuss changes in the U.S. Treasuries market — who’s joining,…
An AI feature can save users time on a task, only for them to spend it checking the results. This practical audit helps product teams decide where AI earns its place and what users need to verify its output. A product team at a large health insurer wants to add AI that writes the full…