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Fintech Checkout.com announced on Friday that it reached a $12 billion valuation as part of an employee stock buyback program. On the one hand, very few startups ever achieve decacorn status, so $12 billion is nothing to sneeze at. It’s a valuable enough company to have landed its founder and CEO Guillaume Pousaz on Forbes’ billionaire list. On the other, there was a short period of time when Checkout.com was valued at a whopping $40 billion, as part of its $1 billion Series D round closed in 2022. By the end of that year, with the venture world crashing into…
LOS ANGELES (AP) — Nexstar Media Group joined Sinclair Broadcast Group in bringing Jimmy Kimmel’s late-night talk show back to its local TV stations on Friday night, ending a dayslong TV blackout for dozens of cities across the U.S. The companies suspended the program on Sept. 17 over remarks the comedian made in the wake of conservative activist Charlie Kirk’s killing. Disney-owned ABC suspended Kimmel the same day, following threats of potential repercussions from the Trump-appointed head of the Federal Communications Commission. The move Thursday means “Jimmy Kimmel Live!” will return to local TV on Nexstar’s 28 ABC affiliates, from…
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024.Brandon Bell | Getty ImagesSpirit Airlines told staff Friday that it’s suspending about 40 routes, finalizing a 25% cut to its November schedule as it scrambles to slash costs in bankruptcy and focus on profitable flights.”While the news has been tough, we believe the clarity will help us move forward as a team,” Rana Ghosh, Spirit’s chief commercial officer, said in a note to employees, which was seen by CNBC.Earlier this week Spirit said it plans to furlough about…
by Mark Chesnut Last updated: 7:00 AM ET, Fri September 26, 2025 Hilton’s growth across the Caribbean and Latin America (CALA) is showing no signs of slowing down, according to Pablo Maturana (PM), the company’s new vice president of development for the region. After a record-breaking 2024, Hilton is pressing forward with what Maturana calls “accelerated expansion.” In this exclusive interview, he discusses Hilton’s new hotel pipeline and which destinations are the hottest for development. TP: What are your main goals in leading Hilton’s CALA development?PM: My primary goal is to build on Hilton’s exceptional momentum in the CALA region and…
Silicon Valley flooded the news this week with headlines about wild AI infrastructure investments. Nvidia said it would invest up to $100 billion in OpenAI. Then OpenAI said it would build out five more Stargate AI data centers with Oracle and Softbank, adding gigawatts of new capacity online in the coming years. And it was later revealed that Oracle sold $18 billion in bonds to pay for these data centers. On their own, each deal is dizzying in scale. But in aggregate, we see how Silicon Valley is moving heaven and Earth to give OpenAI enough power to train and…
DES MOINES, Iowa (AP) — Federal immigration agents have detained the head administrator of Iowa’s capital city public schools after a “targeted enforcement operation,” authorities said Friday. Des Moines Public Schools Superintendent Ian Roberts was detained by U.S. Immigration and Customs Enforcements agents Friday morning in possession of a loaded handgun, cash and a hunting knife, according to a statement by U.S. Immigration and Customs Enforcement. Authorities said he tried to evade arrest.ICE officials said Roberts was in the U.S. on an expired student visa and was given a final order of removal by an immigration judge in May 2024.…
by Lacey Pfalz Last updated: 8:00 AM ET, Fri September 26, 2025 There’s been a lot of great hotel and resort news recently, but also some insights into the latest cooling of the U.S. hospitality industry. As all-inclusive resorts regain popularity, hotel giants are continuing expanding their all-inclusive offerings from the Caribbean to the Red Sea. One such opening is the Dreams Playa Esmeralda Resort & Spa, part of the Inclusive Collection. Beyond global growth, new reports have found that U.S. hoteliers are more hesitant to invest and develop than last year, with 30 percent reporting declines in leisure stays, and…
The idea of hiring your “first critical engineer” is getting a serious reality check at TechCrunch Disrupt 2025, October 27–29 at San Francisco’s Moscone West. Join Lauri Moore, partner at Bessemer Venture Partners, and David Cramer, co-founder and chief product officer at Sentry, and Zach Lloyd, founder and CEO of Warp, on the Builders Stage for a candid conversation about how developer tools are reshaping early product development. Moore brings deep expertise in AI, infrastructure, and developer tooling from both the investor and founder perspectives. Cramer, who launched Sentry as an open source side project in 2012 and scaled it…
Olivia Dean, the rising British soul pop singer-songwriter, has returned with a confident sophomore album, “The Art of Loving.” Across 12 tracks, Dean cements her spot in a growing class of talented young U.K.-born vocalists — think Raye and Lola Young — as she embraces her role as a traditionalist and a romantic. The album lands Friday, on the heels of Dean’s late summer hit, “Man I Need,” which has continued to rise on the Billboard Hot 100 and U.K. charts since its August debut. It also caps an expansive two-year period since Dean’s buzzy 2023 debut “Messy,” that saw…
On Tuesday, May 13, 2025 at North Javits in New York City, an incredible roster of all-star talent will tout their connections to storytelling, Disney, and each other while showcasing their latest projects for the upcoming year.Michael Le Brecht | Disney General Entertainment Content | Getty ImagesSinclair is returning “Jimmy Kimmel Live!” to its ABC affiliate broadcast stations beginning Friday, the company said in a statement.The announcement comes three days after Disney’s ABC broadcast network returned the late night program to its air after a nearly week-long suspension. Disney had temporarily suspended the late night show following comments Kimmel made…