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South Korean AI chip makers Rebellions and Sapeon agree to merge; Rebellions has raised $225M+ and Sapeon's shareholders include SK Telecom and S
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2024-08-18 04:02:17
By: milo
Dating apps are struggling as users seek organic ways to meet; Match Group reported a decline in the total number of paying users for seven straight q
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2024-08-18 02:36:28
By: milo
Ericsson to sell its network portability and data exchange services unit Iconectiv to Koch Equity Development for $1B; the deal is expected to close i
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2024-08-17 04:44:28
By: milo
Amount, which provides digital lending services for credit unions and banks, raised $30M from Curql, Goldman Sachs, WestCap, Hanaco Ventures, QED, and
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2024-08-17 02:14:27
By: milo
FanDuel founders and other early shareholders sue KKR and Shamrock Capital over the 2018 Paddy Power Betfair merger that wiped out the value of their
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2024-08-16 16:53:03
By: milo
Revolut secures a $45B valuation, up from $33B in 2021, in a share sale by employees; Coatue, D1 Capital Partners, Tiger Global, and others bought the
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2024-08-16 16:42:11
By: milo
EQT agrees to buy PropertyGuru, which runs rental and sale listing sites in Southeast Asia, for $1.1B in cash; the deal is set to close in Q4 2024 or
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2024-08-16 16:31:42
By: milo
The Biden administration approves $1.6B in Chips Act grants and $3B in loans for Texas Instruments, to help pay for one chip factory in Utah and two i
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2024-08-16 15:21:04
By: milo
Caresyntax, which is building AI-powered surgical data analysis tools, raised a $180M Series C extension consisting of $80M in equity and $100M in deb
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2024-08-16 14:54:09
By: milo
EQT agrees to buy PropertyGuru, which runs real estate rental and sale listing sites in SE Asia, for $1.1B in cash; the deal is expected to close by e
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2024-08-16 10:20:10
By: milo
Revolut secures a $45B valuation, up from $33B during a 2021 fundraising, in a share sale by employees; the sale was led by Coatue and D1 Capital Part
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2024-08-16 09:48:04
By: milo
The Biden administration approves $1.6B in Chips Act grants and $3B in loans for Texas Instruments, to support its one chip factory in Utah and two in
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2024-08-16 09:37:12
By: milo
Japan will apply foreign trade regulations to chipmaking equipment, which will require foreign investors to give prior notice when conducting direct i
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2024-08-16 03:16:10
By: milo
Klarna debuts a checking account-like service and a cashback offering in its app in 12 markets, including the US and across Europe, as it prepares for
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2024-08-15 17:22:28
By: milo
Klarna rolls out a checking account-like product and a cashback offering in 12 markets including the US and across Europe, as it prepares for a US IPO
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2024-08-15 17:01:11
By: milo
NYC-based Chaos Labs, which offers automated, on-chain risk management for 20+ DeFi protocols, raised a $55M Series A led by Haun Ventures (Sam Kessle
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2024-08-15 16:45:09
By: milo
NYC-based Chaos Labs, which offers automated, on-chain risk management for DeFi protocols, raised a $55M Series A led by Haun Ventures (Sam Kessler Co
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2024-08-15 14:31:14
By: milo
Israeli stock research service TipRanks says investment firm Prytek bought 40% of the startup for $80M, giving Prytek an 80% stake; TipRanks has raise
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2024-08-15 13:27:08
By: milo
Another Record Year For Ransomware Beckons as Crypto Profits Hit $460m
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2024-08-15 13:00:08
By: milo
Grab reports Q2 revenue up 17% YoY to $664M, below $676.9M est., and a $53M net loss, down from $135M in Q2 2023, as competition with GoTo weighs on i
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2024-08-15 11:45:22
By: milo
Alibaba reports Q1 revenue up 4% YoY to $34B, below $34.9B est., and net income down 27% YoY to $3.4B, after aggressive promotions failed to drive
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2024-08-15 11:12:10
By: milo
JD.com reports Q2 net revenue up 1.2% YoY to $40.7B, vs. $40.9B est., and a $1.7B net income, boosted by aggressive price cuts and the 618 shopping
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2024-08-15 10:45:22
By: milo
Cisco reports Q4 revenue down 10% YoY to $13.64B, vs. $13.54B est., and says it is cutting 7% of its global workforce, or 4,000 jobs; CSCO jumps 5%+ (
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2024-08-15 08:25:11
By: milo
A profile of Chinese self-driving startup WeRide, which is set for a US IPO as soon as this week; PitchBook: WeRide has raised $1.4B and was last valu
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2024-08-15 07:58:15
By: milo
Amsterdam-based payments giant Adyen reports H1 2024 net revenue up 24% YoY to €913.4M, vs. €908.9M est., and processed volume up 45
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2024-08-15 06:16:24
By: milo
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