Techmeme

Results 81 - 90 of about 4761:

Yoolim Lee / Bloomberg:
Southeast Asian ride-hailing company Grab raises $1B from investors including OppenheimerFunds and Lightspeed, just over a month after raising $1B from Toyota   —  - OppenheimerFunds, Ping An Capital, Lightspeed joined round  — Funding comes after Grab secured $1 billion from Toyota
Aug 1, 2018, 11:25 PMIn context
Sarah McBride / Bloomberg:
Ecommerce startup Brandless, which sells most of its generic home-goods staples for $3, raises $240M from SoftBank's Vision Fund at a $500M+ valuation   —  Brandless sells about 300 generic home-goods staples, mostly for $3 each.  —  It's tough to wow Masayoshi Son with a bargain …
Jul 31, 2018, 3:45 PMIn context
Lily Katz / Bloomberg:
Cryptocurrency exchange Binance buys Trust Wallet, its first acquisition, for undisclosed amount; the crypto wallet provider launched in Nov., has 10 employees   —  Binance, one of the world's biggest cryptocurrency exchanges, is embarking on its first acquisition as it seeks to give customers more control over their digital coins.
Jul 31, 2018, 3:00 PMIn context
Bloomberg:
Inside Waymo's self-driving efforts in Phoenix and its partnership with the city's metro authority as it readies a pilot to connect people to public transit   —  For the past year, Kyla Jackson has been one of the only teenagers in the world who gets a ride to high school from a robot.
Jul 31, 2018, 2:20 PMIn context
Bloomberg:
Tencent's stock has dropped 25% from its January peak, erasing $143B in value, as global investors become warier of big tech's potential growth   —  If you thought the slump in U.S. technology stocks was bad, take a look at Tencent Holdings Ltd.  —  The Chinese Internet giant has tumbled 25 percent …
Jul 31, 2018, 11:55 AMIn context
Julie Verhage / Bloomberg:
Payroll and benefit services startup Gusto raises $140M led by T. Rowe Price Associates, Y Combinator Continuity Fund, and General Catalyst at a ~$2B valuation   —  - CEO says the company is targeting an IPO in 3 to 5 years  — The latest funding round gives Gusto a valuation of $2 billion
Jul 31, 2018, 11:25 AMIn context
Bloomberg:
Samsung misses Q2 estimates with an operating profit of ~$13.4B, up 5.7% YoY, on revenue of ~$52.19B, down 4% YoY, amid weak sales of Galaxy S9   —  Samsung Electronics Co.'s net income fell short of analysts' estimates as slowing growth in the global smartphone market hits demand for its Galaxy devices …
Jul 30, 2018, 8:11 PMIn context
Bloomberg:
Sources: ARM has agreed to acquire US-based data analytics company Treasure Data for about $600M   —  - Treasure Data may fetch about $600 million in a sale  — Products are used by auto, retail and entertainment firms  —  ARM Holdings Plc, the British computer-chip designer owned …
Jul 29, 2018, 1:50 PMIn context
Christopher Yasiejko / Bloomberg:
IBM wins $83M from Groupon for infringing on ecommerce patents   —  - Patent case IBM's first to go to jury in at least 20 years  — Win adds value for IBM's portfolio of more than 45,000 patents  —  A U.S. jury awarded International Business Machines Corp. $83.5 million after finding …
Jul 27, 2018, 2:32 PMIn context
Claire Boston / Bloomberg:
SEC filing: MoviePass ran out of money and couldn't cover the bills causing service outage on Thursday, had to take out short term $6M+ loan due in early August   —  Helios and Matheson Analytics Inc., the parent company of MoviePass, received a short-term loan for more than $6 million …
Jul 27, 2018, 12:15 PMIn context

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