SmartNews Said to Plan December Tokyo IPO as Valuation Craters

SmartNews Inc. is planning an initial public offering in December at a fraction of its previous valuation, according to people familiar with the matter, a sign of the news aggregator’s business being decimated by artificial intelligence.

Read the full story at Bloomberg AI ↗

Timeline · 1 report

2026-10-15 08:45 · Bloomberg AI
SmartNews Said to Plan December Tokyo IPO as Valuation Craters

More stories

Eight US states sue OpenAI over alleged child safety violations — The Verge AI
Anthropic Says Revenue Jumped 45% to $16.8 Billion in Third Quarter — New York Times Technology
OpenAI alleges ex-employee took confidential files to Apple — The Verge AI
FBI arrests former OpenAI employee for allegedly planting recording device — Sky News Technology
Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic's Mythos — CNBC Technology
At Singapore launch, Anthropic defends its oversight of how customers use its model, citing AI’s ‘dual use’ risks — Fortune AI
Figma introduces agent features and open beta for code layers — TechCrunch AI
Inside the Mind of A.I.’s Most Essential Chronicler — New York Times AI

Get the daily brief of stories like this at 6:30 every morning →