Stripe

Share to Twitter Share to Linkedin Payments processing giant Stripe announced that it has raised a $6.5 billion funding round at a $50 billion valuation on Wednesday. The new valuation marks the latest in a series of cuts for the Stripe and for unicorns more broadly. The new funds will be used to help current and former employees pay taxes related to their expiring restricted stock units Stripe. In doing so, some Stripe shares from earlier investors and stakeholders will be retired and offset the new shares issued in Stripe’s Series I. Founded in 2010, Stripe grew from a single tool —code for developers to enable credit card payments on their sites—to a large suite of billing, tax and other fintech tools, including a recent partnership with OpenAI. The Collison brothers, who still run the company, are now each worth $5.5 billion, Forbes estimates, down from $9.5 billion at Stripe’s peak valuation in 2021. Forbes estimates that each brother … [Read more...] about Stripe Raises $6.5 Billion At $50 Billion Valuation, Nearly Half Its Peak

Share to Twitter Share to Linkedin Saturn’s sixth-largest moon Enceladus has a secret. About 12 miles underneath the icy crust of this “veiny eyeball” moon is a warm, dark saltwater ocean thought to have the same kinds of hydrothermal vents found in Earth’s oceans—and where microbes thrive. Is the same thing happening on Enceladus? We’re probably not talking weird eyeless sea creatures , largely because the total biomass that the moon’s underground ocean could support may be less than that of a whale . It’s known that tiny icy silica particles from the seafloor are eventually sprayed into space from fractures in the ice known as ‘‘tiger stripes” near Enceladus’ warmer south pole. Those particles go on to help form Saturn’s second outermost E ring. But they could also contain biosignatures—the first evidence of some kind of life beyond Earth. MORE FROM FORBES Any Biomass On Saturn's 'Snowball Moon' Enceladus Could Be No Bigger Than A … [Read more...] about Saturn’s Wet Moon Enceladus May Be Rapidly Flinging Microbes Into Space, Say Scientists

Department of Defense (DOD) medical providers in Europe are stepping up efforts to identify civilian providers of hormone therapy and other sex-change treatments for the children of U.S. military personnel stationed abroad, Stars and Stripes reported Wednesday. DOD has only one physician stationed on the continent who specializes in transgender treatments for minors, leading to a recent decision to discontinue medical treatment and counseling for new patients, Stars and Stripes reported , citing military health officials. Providers at U.S. military medical facilities in Europe have increased referrals to local health care facilities and are looking for more that will accept the Pentagon’s military health plan, Tricare. (RELATED: US Army Explains How To Respond When A Soldier Questions Showering With ‘A Female Who Has Male Genitalia’) Tricare is “actively working to identify additional clinics who can provide care” to dependents of American servicemembers seeking sex … [Read more...] about Pentagon ‘Actively Working’ To Find Doctors Who Will Provide Hormones, Puberty Blockers For US Military Kids Abroad

Share to Twitter Share to Linkedin According to trade body, the World Travel & Tourism Council, Paris is the world’s most powerful city destination with, a travel sector worth almost $36BN USD in 2022, in terms of direct GDP contribution to the city. Likewise, Euromonitor named the French capital the world’s top city in 2022. Paris’s gastronomy, culture and grand palace hotels are of course legendary but if you’re looking for alternatives to the obvious attractions, here are a few suggestions for a short visit. Where to Stay Hotels near train stations are not always the most salubrious but 25 Hours Hotel is certainly an exception. And if you’re arriving by train, this hip boutique hotel is ideal as it’s directly across the road from Paris’s Gare du Nord and the Eurostar . A playful jumble of bright street art-style murals decorate rooms and public areas. The rooms are in colors and shapes inspired by the neighborhood with its African and Asian … [Read more...] about 24 Hours In Paris: Best Things To See, Eat And Do

Share to Twitter Share to Linkedin “There she goes!” one of the team members cried out in joy. Scientist Nesha Ichida couldn’t tell who the cheer came from, her eyes focused intently on the small spotted shark in her hands that was bobbing on the surface of the warm, turquoise ocean water. A member of the family Stegostomatidae, the zebra shark ( Stegostoma tigrinum ) she currently held onto was named Kathlyn - and Kathlyn was a little shark making big history. Kathlyn wriggled out of Nesha’s hands into the waters of Indonesia’s Wayag Islands, the first time she would swim out in the open ocean. Kathlyn and Charlie (a male zebra shark that had been released earlier that day) were a beacon of hope for scientists from aquariums around the world that were working together to rebuild the wild population of zebra sharks that have been wiped out from overfishing and shark finning. A large shark that undergoes a radical transformation in coloration with age, this … [Read more...] about World’s First Major Science-Backed Shark Reintroduction A Success

Share to Twitter Share to Linkedin Last week, legendary soccer club AC Milan partnered with Rocket League to launch a brand-new jersey in both the physical and digital realms. Just as AC Milan fans around the globe can purchase the limited-edition shirt, Rocket League players can snag the signature look as decals for the game’s most popular cars. AC Milan’s jerseys are among the most iconic in the sporting world. Vertical red and black stripes have graced the soccer club’s home shirt since its founding in 1899 and earned the club its nickname, the Rossoneri, translated from Italian as the “Red and Blacks.” But with a sacrosanct look comes a tension between brand identity and innovation — and nobody is more aware of this balance than AC Milan Chief Revenue Officer Casper Stylsvig, who sat down with Forbes to discuss why Rocket League and a limited-edition kit release are the ultimate vehicles to build AC Milan’s brand around the globe. “This … [Read more...] about How ‘Rocket League’ Is Helping AC Milan Build Their ‘Brand Of The Future’

Recently released research from the Pentagon has linked military pilots and ground crew members to high cancer rates. The Department of Defense (DOD) study found that within the population of those in the U.S. military who either flew or serviced American aircraft there is a significantly elevated risk of cancer compared to the average American civilian. Data from nearly 900,000 service members who either flew on, operated or worked on U.S. military aircraft between 1992 and 2017 developed the findings of the official DOD research. In its yearlong study of almost 900,000 service members who flew on or worked on military aircraft between 1992 and 2017, the Pentagon found that air crew members had an 87% higher rate of melanoma and a 39% higher rate of thyroid cancer. https://t.co/6KcRFt5lPc — Stars and Stripes (@starsandstripes) March 19, 2023 Air crew service members who had assignments flying on military aircraft had an 87% higher rate of falling ill with … [Read more...] about Pentagon Study Links Cancer Risk To Pilots, Ground Crews

There was a time not that long ago when buying high-quality bedsheets was a major investment. Walk into Nordstrom or Barneys, and you could easily drop $750 or more on sheets from Frette, Sferra, or Loro Piana. But over the last three years, a transformation has begun to democratize the process. Brands like Brooklinen, Parachute, and Boll & Branch are using clever direct-to-consumer business models that bring high-threadcount, long-staple cotton sheets to consumers at prices that start at under $100. This new flock of bedsheets startups has been growing fast—expanding their product ranges and generating millions of dollars in revenue—and none has seen more impressive stats than Brooklyn-based Brooklinen . On the eve of its third anniversary, the company is only just now taking on its first external funding, a $10 million Series A round led by FirstMark Capital. The brand first came to the market in April 2014 with a Kickstarter campaign that raised $237,000, but … [Read more...] about How This Bedsheets Startup Figured Out The Right Way To Disrupt Sleep Patterns

Share to Twitter Share to Linkedin Think futuristic pirates infused with the opulence of renaissance, elevated with the modern day chaotic energy that screams “seedy motel sex”, and you get Poster Girl ’s new Autumn/Winter 23 collection. Francesca Capper and Natasha Somerville , the creative duo behind London’s hottest fashion label, are unapologetically frank when it comes to describing the brand’s aesthetics for the latest season. “Luxury hoe!” Somerville playfully muses. Capper elaborates further: “ We are obsessed with surface textures, body forming/accentuating silhouettes, and tongue-in-cheek humorous touches!” For Poster Girl ’s new collection, Capper and Somerville “have dived into eclectic eras for a fresh take on the ice-age,” — with plentiful of chainmail, latex, ribbons, oversized faux fur, thigh-high lace tights and bold accessories — completed with larges swatches of bare skin, of course. Featuring rapper JT of City Girls as the … [Read more...] about Poster Girl Launches AW23 Collection: Its Boldest Yet

Share to Twitter Share to Linkedin Athletic footwear sales took a hit — as did retail across the United States — during the global pandemic. Running shoes, though, have recently provided a positive trend and expectations have the sector growing, even if general retail doesn’t find its footing. “Typically, during recessions, we see running shoes perform well,” says Matt Powell, The NPD Group vice president and sports industry expert. “I expect the same here. Running shoes have been positive for the last four weeks.” While athletic footwear sales dipped as much as 50 percent in April, after a tough March, the running shoe market may be the saving grace for the rest of 2020. And along with the usual players, Powell says that brands such as Hoka One One, On Running and Brooks also saw a nice kick. Brooks says the shuttering of stores had an immediate impact on sales, but now numbers have passed what they were in 2019. Reebok is more than doubling its … [Read more...] about Running Shoes Provide A Jolt To The Depressed Athletic Footwear Market During Pandemic