Market Analysis
Market Analysis
VC fund performance is down sharply — but it may have already hit its lowest point
11:15 am PDT • May 10, 2024
Venture capital has been hit hard by souring macroeconomic conditions over the past few years and it’s not yet clear how the market downturn affected VC fund performance. But recent…
Enterprise
Samsung’s operating profit soars 930% as AI tailwinds drive demand for memory chips
9:05 am PDT • April 30, 2024
Samsung Electronics said on Tuesday that its operating profit surged more than 930% in the first quarter of 2024, driven by soaring demand for its servers, memory chips and storage used…
OpenAI has landed a new content deal with the FT. But instead of being a merely simple deal in which OpenAI gets words, and FT gets money, the two are…
Commerce
Zomato’s quick commerce unit Blinkit eclipses core food business in value, says Goldman Sachs
5:53 pm PDT • April 25, 2024
Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato’s quick commerce arm Blinkit is now more valuable than its core food delivery business, as per…
