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Redpanda, a San Francisco-based data platform provider, has secured $100 million in a Series D funding round led by Alphabet’s GV, with participation from Lightspeed Venture Partners. This funding boosts the company's total to $265 million and values it at $1 billion. The investment will enhance Redpanda’s platform for real-time data integration and processing, supporting enterprise applications, including AI, while introducing an agentic AI service for multi-agent systems.
TikTok faces a deadline of January 19 to find a new owner or risk a ban, following a federal court ruling that critics argue threatens free speech online. Billionaire Frank McCourt and other investors are interested in acquiring the platform, while legal experts warn that app stores could face penalties for hosting TikTok. The Supreme Court may intervene, potentially pausing any ban.
Microsoft's gaming chief, Phil Spencer, remains focused on acquisitions to enhance growth despite a challenging year. He highlighted the potential for deals that increase geographic diversity, particularly in Asia, and noted that acquiring a mobile company could complement the titles gained from last year's $69 billion Activision Blizzard deal.
An elite private high school in Newport Beach, California, is entering the bond market by selling approximately $54 million in municipal bonds. The funds will be used to construct a middle school and new athletic facilities, marking the largest capital project since 2018. The school's board includes executives from prominent firms like Pimco and Goldman Sachs.
Microsoft's CEO Satya Nadella announced that "Call of Duty: Black Ops 6" has achieved record-breaking player numbers on its launch day, alongside significant increases in Xbox Game Pass subscriptions. The game also saw a 60% rise in unit sales on PlayStation and Steam compared to the previous year.
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Alphabet leads Redpanda's 100 million dollar funding round for data platform expansion
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