DAVID KARP
Meet David Karp, man who dropped out of high school, launched Tumblr at 20, sold it to Yahoo for $1.1 billion, know about his career and journey
In 2000, Karp began his journey as an intern for animation producer Fred Seibert, founder of Frederator Studios. Interestingly, Karp's mother had once taught Seibert's children at Calhoun School. Karp also went for Japanese classes, and there he met a math tutor. With him, Karp went on to write software for winning at blackjack and poker.
Palantir lifts annual revenue forecast on robust US government demand
Palantir Technologies has set a new benchmark by raising its annual revenue expectations and delivering results that outshine quarterly estimates. There's a notable surge in demand for their cutting-edge data analytics solutions from both governmental and commercial entities.
Palantir stock plunges more than 5% today now 12.5% in just one week – Why PLTR is facing a brutal start to 2026 amid heavy selling?
Palantir Technologies (PLTR) is facing a brutal start to 2026. The stock has plummeted 12.5% in just one week, losing over 5% in a single session. Currently trading near $167, the AI software giant is struggling to maintain its massive $382 billion market cap. High valuations and insider selling have sparked fears of an all-out crash. Investors are now anxiously awaiting the February 2 earnings report to see if the AI hype holds.
Why did Michael Burry deregister Scion Hedge Fund? Key reasons he cited
Michael Burry closes hedge fund: Michael Burry, famous for 'The Big Short', has deregistered his hedge fund, Scion Asset Management. This means he will no longer manage money for outside investors. Burry managed about 155 million dollars. He previously warned about market bubbles, comparing the AI stock boom to the dot-com bubble.
How a Silicon Valley 'warlord' got the Pentagon's attention
Tech entrepreneur Steven Simoni now leads Allen Control Systems. His company develops the Bullfrog, an AI-powered autonomous machine gun. This weapon shoots drones from the sky. Simoni secured $40 million in funding and U.S. Army contracts. He aims to supply defense products to the government. The company plans further weapon development. Simoni hopes for a public listing next year.
Palantir lifts annual revenue forecast again as AI demand accelerates
The data analytics and defense software firm is getting a boost from U.S. President Donald Trump's focus on national security and a shift in the Pentagon's software-buying process towards commercial and "non-traditional" providers.
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Trump to unveil $70 billion in AI and energy investments
Trump is expected to share details of the new initiatives at an event outside Pittsburgh, according to an administration official, who spoke on the condition of anonymity to discuss the planning. Investments from a range of companies will include new data centers, power generation expansion and grid infrastructure upgrades, along with AI training programs and apprenticeships, an official said.
Has Wall Street been tamed? Fines, job cuts and anger take toll
Wall Street has long prided itself as a hotbed of innovation, today it’s ensnared in a web of rules to prevent bankers from once again threatening the world.
10 things highly successful tech executives do before breakfast
It is absolutely crucial that you start your day on a good note. Here are some early morning practices by techies.
10 extremely wealthy tech executives who choose to live frugally
While some tech executives are quick to splurge on yachts and mega-mansions, others aren't so flashy with their riches.
10 tech millionaires and billionaires who have surprisingly humble habits
Here is a rounded up some of wealthiest names in tech to show you that not all of Silicon Valley's millionaires & billionaires blow their riches on yachts, mansions, & private jets.
Narendra Modi's tremendous reach on social media: How the PM plans to use it for better governance
Now, as policy takes precedence over politics Narendra Modi is stepping up the pace on social media.
23 Indian-origin in Forbes list of 'brightest young stars'
The young turks in the field of finance include Ganesh Betanabhatla, 28, who is the Managing director at investment firm Talara Capital.
Will David Karp continue his Tumblr success at Yahoo?
Karp, of course, is the 26-year-old autodidact who founded Tumblr, the social-networking blog site that Yahoo just scooped up for $1.1 billion
Yahoo bets on Tumblr for a bigger 'social' splash
Acquisition of the blogging network likely to expand Yahoo’s audience; Tumblr CEO & founder David Karp to remain in charge.
World's Big 3 i-bankers plan record $30-bn bonus
Goldman Sachs Group, Morgan Stanley and JPMorgan Chase’s investment bank, survivors of the worst financial crisis since the Great Depression, are set to pay record bonuses this year.
Global B-Schools design courses for Indian managers
Foreign B-Schools and Indian firms have found common ground as rapid growth has left many cos short of leaders. Better job designations for IIM grads
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