Friday, August 1, 2025

Design software maker Figma's shares surge 158% in blowout market debut

The US initial public offerings market has bounced back after tariff-driven volatility briefly paused listings in April, putting 2025 on track to end a nearly three-year dry spell. Figma's valuation at debut far exceeds the $20 billion price tag from a now-abandoned buyout deal with industry giant Adobe in December 2023.

from Tech-Economic Times https://ift.tt/RQAhp8Y

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...