Techmeme

Results 31 - 40 of about 476:

Christina Farr / CNBC:
Electronic medical records startup Practice Fusion, which was valued at $1.5B two years ago and raised $157M+, acquired by Allscripts for $100M   —  Practice Fusion, a start-up in the crowded electronic medical records market, was acquired on Monday for $100 million, two years after bankers …
Jan 8, 2018, 5:30 PMIn context
CNBC:
Direxion Asset Management applies to SEC to launch leveraged and inverse Bitcoin ETFs that would up to double price moves of the cryptocurrency   —  - Direxion Asset Management is looking to launch five bitcoin ETFs that seek up to double the moves of the cryptocurrencies daily futures trading.
Jan 8, 2018, 2:25 PMIn context
Alex Sherman / CNBC:
Sources: GoPro has hired JP Morgan Chase to help it seek a potential sale; GoPro CEO Nick Woodman said he would consider partnership or sale on TV earlier today   —  GoPro has hired J.P. Morgan Chase to help it seek a potential sale, according to people familiar with the matter.
Jan 8, 2018, 1:31 PMIn context
Sara Salinas / CNBC:
GoPro issues weak guidance, drops CEO cash compensation to $1, will cut staff by 20%, exit drone business; CEO says he'd consider selling firm; stock down ~15%   —  GoPro lowered fourth quarter guidance Monday and confirmed layoffs of at least 250 employees.  —  Shares were halted in premarket trading.
Jan 8, 2018, 9:15 AMIn context
Christina Farr / CNBC:
Fitbit invests $6M in Sano, a company that makes a coin-sized patch to track blood sugar; this is Fitbit's first startup investment   —  - Fitbit invested $6 million into Sano, a company with a patch for tracking people's blood sugar.  It's Fitbit's first start-up investment.
Jan 5, 2018, 9:40 AMIn context
Evelyn Cheng / CNBC:
Ripple co-founder Chris Larsen reportedly owns 5.19B XRP tokens and a 17% stake in the company, valued at ~$59.9B after 36,000% increase in XRP value   —  - With Ripple's XRP coin hitting a high of $3.84, the company's co-founder and executive chairman, Chris Larsen, is now worth about $59.9 billion on paper.
Jan 4, 2018, 1:55 PMIn context
Michelle Castillo / CNBC:
Mark Zuckerberg says his 2018 personal challenge will be addressing issues like interference by nation states, abuse, quality of time spent on platform   —  Facebook CEO Mark Zuckerberg's mission in 2018 is to fix Facebook's mounting issues from last year, including state interference and harassment on its platforms.
Jan 4, 2018, 11:19 AMIn context
Arjun Kharpal / CNBC:
Report: China will spend $2.1B on building a 548.7K square meter technology park dedicated to developing AI in Mentougou, western Beijing   —  - China is planning to build a 13.8 billion yuan ($2.1 billion) technology park for the development of artificial intelligence
Jan 3, 2018, 11:55 AMIn context
Anita Balakrishnan / CNBC:
US blocks sale of money transfer service MoneyGram to Alibaba's Ant Financial; Ant Financial will pay a $30M termination fee for the deal breakup   —  - The U.S. government failed to approve a multimillion-dollar merger between MoneyGram and Ant Financial, an affiliate of Alibaba.
Jan 3, 2018, 12:45 AMIn context
Anita Balakrishnan / CNBC:
Report: after years of trying, Amazon and Salesforce have made “significant progress” in move away from Oracle tech by building their own and using open-source   —  Amazon and Salesforce have long searched for alternatives to Oracle's technology — and now, the pair have made …
Jan 2, 2018, 1:25 PMIn context

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