Business AcquisitionStartups

Navan IPO Targets $960 Million Despite Government Shutdown

Business travel software company Navan Inc. is proceeding with a $960 million initial public offering despite the ongoing US government shutdown. The Palo Alto-based firm plans to sell 30 million shares at $24-26 each, with company founders also selling personal stakes in the offering.

Navan Inc., the business travel and expense management software provider, is moving forward with plans to raise up to $960 million through an initial public offering despite the current US government shutdown. The Palo Alto-based company filed registration documents Friday revealing its ambitious public market debut.

Navan IPO Pricing and Share Structure

Assistive TechnologyBusiness AcquisitionGeneral Merchandise

China Rare Earth Export Controls Threaten TSMC Chip Sales to US AI Industry

Beijing’s sweeping rare earth export restrictions taking effect November 8 may force TSMC to obtain licenses for chip exports. The measures threaten to cut off advanced semiconductors from American AI companies reliant on Taiwanese manufacturing.

China’s unprecedented rare earth export controls could potentially bar TSMC from selling critical semiconductors to American companies, creating massive uncertainty for the U.S. chip industry and threatening to disrupt the artificial intelligence supply chain. The new measures, set to take effect November 8, represent a significant escalation in the ongoing trade tensions between Washington and Beijing, with rare earth materials becoming the latest battlefield in the technological cold war.

Understanding China’s Rare Earth Dominance

Business AcquisitionFalun DafaMarketplaces

Trump Threatens 100% Tariffs on China in Response to Rare Earth Mineral Restrictions

President Donald Trump has declared 100% tariffs on all Chinese imports following China’s rare earth mineral restrictions. The move signals escalating trade tensions between the world’s two largest economies, with significant market implications.

President Donald Trump has escalated the ongoing trade conflict with China by threatening to impose 100% tariffs on all Chinese imports, responding directly to Beijing’s recent restrictions on rare earth mineral exports. The announcement, made via Trump’s Truth Social platform, represents the most aggressive trade measure yet in the simmering economic confrontation between the world’s two largest economies.

Trump’s Tariff Announcement and Timing