#public-offering

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www.housingwire.com
2 weeks ago
Business

Rithm delivers $261M profit in Q1, continues to evaluate mortgage biz spinoff

Rithm Capital reported a profitable first quarter in 2024, driven by positive results from its mortgage division, particularly in servicing and origination.
The company is considering the possibility of taking its mortgage business public in the future. [ more ]
www.nytimes.com
1 month ago
Tech industry

Reddit Opens Up 38%, as Shares Begin Trading

Reddit shares opened up about 38% in their first day of trading.
The public markets show an appetite for tech offerings with Reddit's successful IPO. [ more ]
Mashable
1 month ago
Artificial intelligence

The FTC is looking into how Reddit licenses data before its IPO

FTC is conducting a non-public inquiry into Reddit's data licensing practices for AI models.
Reddit is reliant on advertising revenue and venturing into data licensing for AI training. [ more ]
TechCrunch
3 months ago
Startup companies

Reddit plans to launch IPO in March, report says | TechCrunch

Reddit is preparing to launch its IPO in March, after more than three years of considering it.
The company is looking to sell around 10% of its shares in the IPO. [ more ]
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