article thumbnail

StubHub’s IPO filing reveals 30% surge in profits in 2024

Fast Company Tech

million in 2024, compared with a profit of $405.2 “StubHubs filing follows on the recent filings of other high-profile deals set to go public soon, including CoreWeave and Klarna. Its revenue jumped to $1.77 billion in 2024, compared with $1.37 billion a year earlier, thanks to higher ticket sales. million in 2023.

Files 53
article thumbnail

Klarna IPO: Buy Now, Pay Later firm reveals profit and growth details as possible stock listing date nears

Fast Company Tech

In what could be one of the most high-profile fintech public offerings this year, Swedish Buy Now, Pay Later (BNPL) giant Klarna has filed paperwork with the U.S. On March 14, Klarna Group plc announced that it had filed paperwork with the SEC relating to a proposed initial public offering of its ordinary shares. Whats happened?

Profit 80
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NPOs Consistently Better Than For-Profits on Jobs

The NonProfit Times

Nonprofit employment bested for-profits during the COVID-19 pandemic. percent in for-profit businesses, outpacing the over-the-year decline of 4.5 The steepest employment decline occurred in accommodation and food services, a sector largely made up of for-profit businesses. For-profit employment was 2.2

Profit 69
article thumbnail

Cybersecurity group sues DOGE over data access

Mashable Tech

The Electronic Privacy Information Center (or EPIC) filed a lawsuit against the Department of Government Efficiency (or, sigh, DOGE) on Monday, per the privacy-focused non-profit's website. A group of labor unions similarly filed suit against Musk this week, as well. Elon Musk's encroachment into U.S.

Group 139
article thumbnail

Man Installed "Kill Switch" So That If He Was Ever Fired, All Hell Would Break Loose

Futurism

Fearing the worst, the software dev hatched a plan straight out of "Tron": he began researching ways to boost his admin privileges, rapidly delete system files en masse, and hide the code that does it. As those controlling tech increasingly choose profit over people, it's no wonder workers like Lu are fighting back.

Ireland 131
article thumbnail

Sam Altman Says He Feels Sorry for Elon Musk and His Bottomless Insecurity

Futurism

It didn't take long for OpenAI CEO Sam Altman, who runs the company's for-profit arm and sits on the board of its non-profit as well , to slap down the offer. "No That's despite having founded his own AI company, dubbed xAI, a for-profit entity that has raised billions of dollars , much like OpenAI.

Profit 124
article thumbnail

How ‘The Matrix’ helped build—and break—beleaguered production company Village Roadhouse

Fast Company Tech

But last week, following a years-long decline in box office performance, the company filed for bankruptcy. on 91 of 108 total movies over the decades that followed, according to its bankruptcy filing. As the filing details, Village Roadshow spent approximately $47.5 Neither Village Roadshow nor Warner Bros.

Product 112