Such transactions have become increasingly common among private companies using liquidity as a retention tool. Recent examples include Stripe, which this week said it would allow employees to sell shares at a $159 billion valuation, as well as Clay, ElevenLabs, and Linear.
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“By approving this deal, the FCC ensures big wins for Americans," FCC Chairman Brendan Carr said in a statement. "This deal means that jobs are coming back to America that had been shipped overseas. It means that modern, high-speed networks will get built out in more communities across rural America. And it means that customers will get access to lower priced plans. On top of this, the deal enshrines protections against DEI discrimination."
"Tuning frictional behavior on the fly has been a long-standing engineering dream," said co-author Katia Bertoldi of Harvard University. "This new insight into how surface geometry governs slip pulses paves the way for tunable frictional metamaterials that can transition from low-friction to high-grip states on demand.” In addition, the dynamics revealed by these results are similar to those of tectonic faults and thus give scientists a new model for the mechanics of earthquakes, according to their new paper published in the journal Nature.
Catherine SnowdonHealth reporter