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Anthropic plans to publicly unveil IPO prospectus after Labor Day

Anthropic is considering allowing existing shareholders to sell shares as part of its IPO and weighing lockup periods longer than the customary 180 days, according to the Information report.

Anthropic plans to publicly unveil IPO prospectus after Labor Day

We haven't written up this one. Economic Times Tech has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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Japan's July jobless rate falls to 2.4%, 1st improvement in 3 months

TOKYO (Kyodo) -- Japan's unemployment rate fell to 2.4 percent in July from 2.5 percent in the previous month, improving for the first time in three m

  • Japan's unemployment rate fell to 2.4% in July, marking first improvement in 3 months
  • Unemployed count decreased by 7.3% from June, reaching 380,000
  • Job seekers dropped 8.2% to 450,000 while job openings increased in manufacturing and services

[Opening Market] KOSPI Slides Below 6,800 on Interest Rate Caution

On the morning of Aug. 28, the domestic stock market is showing a downward trend, pushed down by caution surrounding the Monetary Policy Board, including the Bank of Korea’s base interest rate…

  • KOSPI slides below 6,800 points on August 28
  • Foreigners and institutions net-sell 387 billion won
  • Large-cap stocks, Samsung Electronics and SK hynix, decline

More from Friday 28 August →