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Expense Management Startup Divvy Raises $35 Million: Travel Startup Funding This Week – Skift
Divvy launched in April, and it may already be valued at $150 million. One possible lesson for other startups is that customers may be eager for simple, one-stop interfaces because they're facing "dashboard fatigue" from having to check too many other online systems. -Sean O'Neill. Full investment news article
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University of Nebraska Foundation,
Bp Splashes £8bn On Bhp Billiton's Us Shale Assets
BP will spend $10.5bn (£8bn) on shale assets belonging to BHP Billiton in a move the oil and gas giant said would “upgrade and materially reposition” its US production arm. The deal, BP’s largest since it was mired in the Deepwater Horizon scandal in 2010, is for BHP’s Petrohawk Energy Corporation, which has operations in the oil-rich Permian and Eagle Ford basins in Texas and the Haynesville gas basin, which lies across the border of Texas and Louisiana. The assets … Full investment news article