House Dems press StubHub CEO over $5M broker fund: 'Potential grift'
Ranking member Robert Garcia demands documents on Eric Baker's Andro Capital ties, warning of conflicts that could raise ticket costs and squeeze artists.

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13 briefings · “capita”
Ranking member Robert Garcia demands documents on Eric Baker's Andro Capital ties, warning of conflicts that could raise ticket costs and squeeze artists.
The Silicon Valley giant's cash flow went negative as AI costs surged, and it is issuing a new class of stock to raise capital.
The Series B, co-led by Forerunner and Menlo, signals a shift from solo AI copilots to collaborative agent workforces.
The chip giant's deal with Apollo, BlackRock, and KKR signals that capital markets, not engineering, now decide who builds AI.
GlobalFoundries CEO Tim Breen says the whole industry is in short supply, and Japan's up-to-$21B commitment to two Malta, New York plants shows sovereign capital is now funding US chip capacity.
The crypto exchange is raising fresh capital to close the gap with larger U.S. rivals, betting a $1 billion valuation still holds weight.
Nvidia's CEO says the AI cloud giant can stand alone, but credit markets just priced a record chance it won't.
The Hong Kong billionaire's first major post-divestment investment is a bet on steady cash flow and geopolitical hedging, not growth narratives.
The startup's AI listens to live sales calls and tells reps what to say next; a16z and Owl Capital are betting it can take on Gong and Salesloft.
The sentencing of Sarah Khalifa and 11 others underscores the severity of Egypt's anti-drug laws and the exposure of public figures to capital punishment.
The valuation jump of $1T in a single day changes the reference point for risk capital and public-market comps.
Lovable, Replit, and others are raising billions as Big Tech both bets on and panics about AI-built software.