Ivan Levingston / Financial Times:
Vilnius-based Vinted says it closed an ~€880M secondary share sale led by EQT, Teachers' Venture Growth, and Schroders at an €8B valuation, up from €5B in 2024  —  Second-hand marketplace sells €880mn of existing shares to investors including Teachers' Venture Growth and Schroders Capital

Paresh Dave / Wired:
San Francisco public records: in 2024, Salesforce and Airbnb were among the top tech spenders in the city's 10B program, which lets them hire police officers  —  A recent attack on Sam Altman's home and OpenAI offices has put corporate security under renewed scrutiny.

Buying tickets to the 2028 Los Angeles Olympics is kind of like having a megawealthy friend talk to you about the hobbies that they enjoy.  Do you fence? Do you like cricket? Badminton’s fun, right?  Like a diabolically rich friend, the Olympics are also, at the same time, a test of financial responsibility.  How much […]

Demis Hassabis met South Korean President Lee Jae Myung at Cheong Wa Dae on Monday and signed an MOU with the Ministry of Science and ICT. The campus will be operational this year. Hassabis accepted a request to send at least 10 Google engineers from US headquarters. He presented Lee with a Go board signed […]

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