Author: Editor Team

From Keith Rabois to Matt Miller, many VCs have switched firms or left established VC institutions this year. These hiring changes are surprising because unlike in many other fields, venture capitalists traditionally don't move around much—especially those who reach the partner or general partner level. VC funds have 10-year life cycles, and partners have good reason to stay the course. In some cases, there may be a “key man” in a firm's fund, meaning that if they leave, the fund's LPs have the right to withdraw their capital if they choose. Many partners and GPs also have some of their…

(Bloomberg) — Salesforce Inc . says it is getting many big customers from former partner Veeva Systems Inc. in a growing rivalry to sell software to the pharmaceutical industry. Most Read by Bloomberg More than 40 customers, including a “three global pharmaceutical leader,” have signed agreements to use Salesforce's soon-to-launch life sciences product, said Jeff Amann, executive vice president of Salesforce industry-specific software lines. Some of those customers are switching from Veeva, he added. For pharma-focused customer relationship management software, Veeva is the “well-entrenched leader” with more than 80% of the market, Dylan Becker, an analyst at William Blair, wrote…

Investors looking to round out their portfolios often benefit from a broader stock search. An easy way to do this is to look at earnings forecasts for the next year. Our picks for the top seven stocks for spectacular earnings growth next year include Vericel (VCEL), RH (RH) and Geo Group (GEO) – much less visible stocks than Meta (META), Amazon (AMZN), Tesla (TSLA) or other megacaps dominating the market. ↑ X NOW PLAY What are the Seven Wonder Stocks? The Seven Best Stocks for Amazing Growth in Earnings TG Therapeutics (TGTX): A commercial-stage biopharmaceutical company, TG sells a multiple…

By Minwoo Park GWACHEON, South Korea (Reuters) – Suspended South Korean President Yoon Suk Yeol did not respond on Wednesday to a second call from anti-corruption authorities, who, along with prosecutors, are investigating his decree of the law short-lived military issued earlier this month. Yoon had not appeared for questioning since 10 a.m. (0100 GMT) on Christmas Day, as requested by the Office of Corruption Investigation for Senior Officials, after ignoring their first summons last week. An agency official said it would continue to wait for Yoon on Wednesday, adding that it would have to look into the case further…

xAI, Elon Musk's AI company, has raised $6 billion, according to a filing with the US Securities and Exchange Commission on Thursday. Investors contributed a minimum of $77,593, per filing (97 participated, but the filing does not reveal their identities). xAI later announced (confirming several earlier reports) that Andreessen Horowitz, Blackrock, Fidelity, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy Capital, Nvidia, AMD and others are counted among them. The new money brings xAI's total raised to $12 billion, adding to the $6 billion tranche xAI raised this spring. CNBC reported in November that…

Last month, AI founders and investors told TechCrunch that we're now in the “second age of scaling laws,” noting how established methods of improving AI models were showing diminishing returns. A promising new method they suggested could hold benefits was “test-time scaling,” which appears to be behind the performance of OpenAI's o3 model—but it comes with its own drawbacks. Much of the AI ​​world took the announcement of OpenAI's o3 model as proof that progress in scaling AI hasn't “hit a wall.” The o3 model does well on benchmarks, significantly outperforming all other models on a test of general ability…

Mauritius is still holding on to an agreement to regain control of the strategic Chagos Islands from Britain, despite pressure from the United States, which has a major military base there.

Our pep rally pep rally is back—and it's better than ever! Meet our new Mandarin Energy Boost in convenient stick packs, perfect for throwing in your bag and taking on the go. Juicy, delicious and so refreshing, it will become your ultimate BFF. Get ready to energize your day in style! Here is the tea: We know you're busy and caffeine is basically non-negotiable – how else can you tackle everything on your to-do list? But not all caffeine is created equal, and we're here to make sure you're fueling up on the best of the best. You deserve it!…

Tired of feeling sluggish and drained by noon? Say goodbye to the afternoon slump with Pep Rally Energy Boost, the pure energy drink that burns fat and keeps you going through long, tiring days. Packed with natural ingredients, Pep Rally is designed to give you the perfect boost of energy without the crash or jolt that most energy drinks do! What sets Pep Rally apart? Unlike other energy drinks loaded with artificial ingredients and excess caffeine, Pep Rally has clean and effective energy. Each packet delivers 100mg of caffeine from the best natural sources like green tea, ensuring you get…

It's that time of year again—holiday parties, festive activities, and delicious treats everywhere you go. We know how hard it can be to navigate the holiday season without ruining your goals + still enjoying yourself, so we've got some tips to help! 1. MOVE APP – wherever you are it is The holidays are already so busy and chaotic with holiday shopping, family in town, etc. so finding time to go to an exercise class is the last thing you want to stress about. That's why I created my MOVE app so you can workout at home, while traveling, or…