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canva appoints former zoom cfo kelly steckelberg ahead of ipo

Canva has appointed Kelly Steckelberg, former CFO of Zoom, as its new chief financial officer as it prepares for a potential IPO. With a valuation of $32 billion, down from $40 billion in 2021, Canva is generating approximately $2.5 billion in annual revenue and has 220 million monthly users. Steckelberg, who previously held roles at Cisco and Zoosk, replaces Damien Singh, who resigned amid an internal investigation.

college dropouts turn 300 dollars into four million with sweet tea business

Darien Craig and Brandon Echols, childhood friends from Alabama, turned a $300 investment into Y’all Sweet Tea, generating $4 million in revenue last year. After impressing investors on "Shark Tank," they secured a $500,000 investment from Rashaun Williams and Lori Greiner, valuing their company at $10 million. The duo"s innovative flavored teas, particularly the "Georgia Peach," have driven rapid sales growth, showcasing their entrepreneurial success.

Bitcoin price remains above 90000 as MicroStrategy increases BTC holdings

Bitcoin remains above the $90,000 mark as MicroStrategy invests an additional $4.6 billion to acquire 51,780 BTC, bringing its total holdings to 331,200 BTC. Investors are closely monitoring potential personnel changes in the Trump administration that could influence crypto regulations.
21:35 18.11.2024

Quorum Software secures lower borrowing costs amid strong lender demand

Quorum Software secured an $865 million unitranche loan, benefiting from strong demand that saw direct lenders submit over $6 billion in orders. This high interest allowed the company to lock in lower borrowing costs for its private credit deal.

trategies to utilize the zero percent capital gains tax bracket

As bitcoin prices surge, investors in the 0% capital gains bracket can utilize tax-gain harvesting to minimize future taxes. By selling profitable crypto in a lower-income year, they can avoid taxes on gains, provided their taxable income remains below $47,025 for singles or $94,050 for married couples in 2024. This strategy allows them to reset their basis while maintaining asset exposure, though it"s advisable to run tax projections to assess potential impacts from increased income.

growth of internet of things in healthcare market projected to reach 235 billion

financial stress impacts mental health for many americans amid rising debt

Household debt in the U.S. has surged by $147 billion, reaching a total of $17.94 trillion, with rising delinquency rates and significant stress reported by many Americans. Nearly half believe their debt negatively impacts their health, while 58% struggle to manage it. The mental health effects are profound, with many experiencing sleep difficulties, anxiety, and depression due to financial pressures.

future of value based care hinges on political leadership and policy changes

At the Fierce Health Payer Summit, industry leaders discussed the future of pharmacy benefit management (PBM) and the challenges of prior authorization. Experts highlighted the need for technology to reduce administrative burdens on patients and providers, while emphasizing a shift towards value-based care to improve healthcare outcomes and efficiency. Former HHS Secretary Alex Azar advocated for stable government partnerships to support these initiatives.

ew jersey online gambling surpasses casino revenue for first time since pandemic

In October, New Jersey saw online gambling surpass physical casino wagering for the first time since the pandemic. Online revenue from table games and slots reached $213.6 million, while land-based casino revenue totaled $208.7 million, according to the state’s Division of Gaming Enforcement.

healthcare nanotechnology market projected to reach 391 billion by 2028

The global Healthcare Nanotechnology Market is projected to grow from USD 205.85 billion in 2021 to USD 391.04 billion by 2028, with a CAGR of 9.6%. The comprehensive report analyzes key growth factors, competitive landscape, and regional dynamics, featuring major players like Amgen, Roche, and Pfizer. It includes detailed insights on market segmentation, trends, and strategic factors influencing the industry.
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