Reading List

The most recent articles from a list of feeds I subscribe to.

Sources: Anthropic has tapped a law firm to begin work on its IPO, which could come as soon as 2026, and has held preliminary talks with big investment banks (George Hammond/Financial Times)

George Hammond / Financial Times:
Sources: Anthropic has tapped a law firm to begin work on its IPO, which could come as soon as 2026, and has held preliminary talks with big investment banks  —  AI start-up picks law firm Wilson Sonsini for what could be one of the largest public offerings ever

Check Point is raising $1.5B from the sale of a five-year zero-coupon convertible bond; proceeds will go toward buying back as much as $225M of stock (Bloomberg)

Bloomberg:
Check Point is raising $1.5B from the sale of a five-year zero-coupon convertible bond; proceeds will go toward buying back as much as $225M of stock  —  Check Point Software Technologies Ltd. is raising $1.5 billion from the sale of a five-year zero-coupon convertible bond, partly to help fund share buybacks.

ServiceNow announces a deal to acquire identity security startup Veza, sources say for between $1B and $1.5B; Veza had a private valuation of $808M in March (Valida Pau/The Information)

Valida Pau / The Information:
ServiceNow announces a deal to acquire identity security startup Veza, sources say for between $1B and $1.5B; Veza had a private valuation of $808M in March  —  Dealmakers apparently did not get much of a break over the Thanksgiving weekend, as a flurry of recent merger announcements showed.

Arizona AG Kris Mayes sues Temu for allegedly stealing customers' data, including their physical location, and counterfeiting local brands (Sejal Govindarao/Associated Press)

Sejal Govindarao / Associated Press:
Arizona AG Kris Mayes sues Temu for allegedly stealing customers' data, including their physical location, and counterfeiting local brands  —  Arizona Attorney General Kris Mayes announced Tuesday that Arizona is the latest state to sue Temu and its parent company PDD Holdings Inc. over allegations …

Marvell announces a deal to buy Celestial AI for at least $3.25B, expected to close in Q1 2026; the price can rise to $5.5B if Celestial hits revenue targets (Kif Leswing/CNBC)

Kif Leswing / CNBC:
Marvell announces a deal to buy Celestial AI for at least $3.25B, expected to close in Q1 2026; the price can rise to $5.5B if Celestial hits revenue targets  —  Semiconductor company Marvell on Tuesday announced that it will acquire Celestial AI for at least $3.25 billion in cash and stock.