Topic: business performance
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Deel Raises $300M, Hits $17.3B Valuation
Deel raised $300 million in Series E funding, reaching a $17.3 billion valuation, with investments led by Ribbit Capital and Andreessen Horowitz despite legal disputes with Rippling. The company is profitable with over $1 billion in annual recurring revenue, serving 35,000 clients and managing pa...
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Tesla Revamps Megapack to Revive Declining Energy Storage Business
Tesla has launched the upgraded Megapack 3 and new modular Megablock to boost its energy storage division, addressing rising demand from utilities and data centers. The Megapack 3 offers increased storage capacity and a wider operational temperature range, while the Megablock combines units for f...
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Humanforce Names Aaron Thorne Chief Sales Officer to Boost Global Frontline Growth
Humanforce has appointed Aaron Thorne as its new Chief Sales Officer to drive international growth and expand market reach in frontline industries like aged care, retail, and hospitality. Thorne brings extensive leadership experience from his role at UKG, where he expanded operations and champion...
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ChatGPT Hits 900M Weekly Users Milestone
OpenAI's ChatGPT has reached 900 million weekly active users and 50 million paying subscribers, showing massive adoption and a growing premium user base. The service's user growth is accelerating rapidly, with its underlying models improving to offer faster, more reliable, and safer performance f...
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Ubisoft Brings Back Black Flag Veterans to Lead Assassin's Creed
Ubisoft has appointed three veteran developers, Martin Schelling, Jean Guesdon, and François de Billy, to lead the Assassin's Creed franchise, aiming to stabilize it under its new Tencent-backed structure. Each executive brings deep experience from acclaimed titles like *Black Flag* and *Origins*, ...
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Washington Post Names Ex-Tumblr Head Jeff D’Onofrio Acting CEO
Jeff D’Onofrio has been appointed acting CEO and publisher of The Washington Post, succeeding Will Lewis after a period of internal strife and staff cuts. D’Onofrio, previously the CFO, is a digital executive known for his controversial tenure as Tumblr CEO, where he banned adult content, leading...
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