Flexential has completed an $800 million ABS offering to support its growth strategy. The financing includes $605 million in five-year notes and $195 million in seven-year notes. Proceeds will repay existing debt and fund expansion of data center capacity.
BlackRock’s tokenized money market fund BUIDL just got a major endorsement from Binance. The world’s largest crypto exchange will now accept the $2.5 billion token as collateral for derivatives trading. This gives institutional investors access to yield while using what exchanges consider high-quali
In a revealing interview, Flexport CEO Ryan Petersen breaks down the biggest misconceptions about today’s volatile trade landscape. He warns businesses against acting too quickly on tariff announcements and reveals a Supreme Court case could refund all tariffs. The insights come from the Rapid Respo
As major corporations intensify return-to-office requirements, several prominent companies are sticking with remote work arrangements. These firms report significant advantages in recruiting and employee satisfaction. The remote work debate continues to reshape how companies approach workplace flexi
Live selling is becoming a massive revenue driver for solopreneurs, with some single streams generating $170,000 in sales. The format mixes entertainment with commerce, creating a social shopping experience that’s particularly effective on platforms like TikTok. This approach has been huge in China
AI company CEOs are now joining investors in warning about overinflated valuations in the artificial intelligence sector. The concerns highlight growing industry unease about whether current revenue can support soaring market caps.
Elon Musk’s antitrust lawsuit against Apple and OpenAI will proceed after a US District Judge denied their motions to dismiss. The case alleges collusion to suppress AI competition on the App Store. This represents a significant early victory for Musk’s legal challenge.
China is forcing influencers to verify credentials before giving professional advice. The move targets medicine, law, finance and education content. It’s a dramatic shift for the billion-user social media ecosystem.
Invenergy has officially canceled its 2.4-gigawatt Leading Light Wind project off the New Jersey coast. The developer cited economic conditions, supply chain issues, and regulatory uncertainty as making the project unviable. The project was originally scheduled to become operational in 2030.
Apple has secured a major revenue stream from WeChat’s massive mini app ecosystem after a year of negotiations. The deal gives Apple a 15% commission on transactions that previously bypassed their payment system entirely. This comes as Apple also restructures its EU fee system for 2025.
