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Bill Gates, Microsoft Co-founder, Says He'd Start An Ai Company Today

Gates is interested in artificial intelligence, and he talked about a time when he could have benefited from the help of augmented reality.
Read by 44% of LPs 2 hours, 6 minutes ago

Singapore-based Start-up Trax Acquires Us Retail Rewards App Shopkick, Companies & Markets News & Top Stories - The Straits Times

June 25, 2019 7:08 AMSINGAPORE (BLOOMBERG) - Singapore-based start-up Trax is acquiring US rewards app Shopkick, adding a customer-tracking service to its growing stable of retail technology.
Read by 69% of LPs 3 hours, 6 minutes ago

Raise Our Taxes, Please! Some Wealthy Americans Are Asking To Pay More - Los Angeles Times

America's mega-rich have a message for the field of 2020 presidential hopefuls: Take our money, please. A group of 18 wealthy Americans -- led by billionaire financier George Soros and including a Disney family member and the daughter of Warren Buffett's longtime partner -- sent an open letter to...
Read by 70% of LPs 3 hours, 6 minutes ago

Stocks Finish Mixed Ahead Of U.s.-china Trade Talks - Los Angeles Times

The U.S. stock market capped a day of listless trading with modest losses Monday as investors focused on upcoming trade talks between the U.S. and China. The major stock indexes drifted between small gains and losses for much of the day, though smaller company stocks had their worst day since May....
Read by 47% of LPs 3 hours, 36 minutes ago

Huawei Said To Cease Solar Inverter Sales In Us Market

China's Huawei Technologies, the world's biggest solar inverter manufacturer, ended its U.S. inverter sales last week, according to an equity research note from Roth Capital Partners published Monday. The investment banking firm told Greentech Media that it has learned Huawei is moving to lay off or transfer some of its U.S. workforce, while maintaining some technical support and warranty staff. Roth senior analyst Philip Shen said the sales shutdown had been confirmed by three sources, including two Huawei customers. GTM contacted Huawei by phone and email, but did not receive a response and was unable to independently verify the report.
Read by 68% of LPs 3 hours, 36 minutes ago

Monzo Doubles Valuation To $2.5B With Y Combinator-led Funding

U.K. online bank Monzo raised $144 million in a fresh round of funding led by the U.S. start-up accelerator Y Combinator.
Read by 79% of LPs 3 hours, 36 minutes ago

Bioeclipse Therapeutics(tm) Announces Appointment Of New Directors And Series A-1 Financing

$9.3 million raised to date; latest funding to be used to advance lead immunotherapy, CRX-100, into Phase 1b/2a clinical trials in therapy-refractory solid tumors BioEclipse appoints three new board members SOUTH SAN FRANCISCO, Calif., June 24, 2019-- BioEclipse Therapeutics(tm) (BioEclipse), a private clinical-stage biopharmaceutical company committed to developing first-in-class, curative immuno-oncology therapeutics, today announced that it has raised $7.7 million in its Series A-1 financing round, which was led by Revelis Capital Group, LLC and managed by Brokerage Services, LLC, with participation from Tsingyuan Ventures, DEFTA Partners, TSVC (TEEC Angel Fund) and Plum Alley.
Read by 54% of LPs 3 hours, 36 minutes ago

Aurora Capital Partners Purchases Petroleum Service Corporation From Sgs

LOS ANGELES, June 24, 2019-- Aurora Capital Partners ("Aurora"), a leading middle-market private equity firm, today announced the acquisition of Petroleum Service Corporation ("PSC" or the "Company"). PSC is the North American leader in product handling and site logistics services for the petrochemical, refining, midstream and marine transportation end markets. PSC is a subsidiary of SGS (SGSN:SW), the world's largest inspection, verification, testing and certification company. "PSC is an excellent fit with Aurora's investment strategy.
Read by 63% of LPs 3 hours, 36 minutes ago

Clipper Realty Anticipates Residential Investment Opportunities In 2019 | Nareit

David Bistricer, co-chairman and CEO of Clipper Realty Inc. (NYSE: CLPR), joined Nareit in New York for a video interview at REITweek: 2019 Investor Conference. Bistricer described New York's economy as "diverse," noting that the variety of business from financial to manufacturing have helped the city's commercial real estate survive various downturns over the past decade better than other U.S. cities. "There's a lot of people in this city, and the population is growing," Bistricer said. "That keeps it a vibrant economic place."
Read by 67% of LPs 3 hours, 56 minutes ago

Button Raises $30M In Series C Funding To Build The Future Of Mobile Commerce

NEW YORK, June 24, 2019-- Button, the platform that enables companies to drive revenue through mobile commerce, today announced that it has raised $30 million in Series C funding. Icon Ventures led the round, along with participation from Capital One Ventures and returning investors Redpoint Ventures, Norwest Venture Partners, and DCM Ventures. Jeb Miller, General Partner of Icon Ventures, will be joining Button's board of directors. This funding round represents another major milestone for Button following a breakout year in 2018 where the company drove over $1 billion in mobile commerce.
Read by 54% of LPs 3 hours, 56 minutes ago

Blend Raises $130M In Series E Funding To Power One-tap Mortgages And Consumer Loans

SAN FRANCISCO, June 24, 2019-- Blend, a leader in digital lending technology, today announced it has raised $130 million in Series E funding led by Temasek and General Atlantic. Existing investors 8VC, Founders Fund, Greylock Partners, and Lightspeed Venture Partners also participated in the round, which brings the company's total funding to $310 million. "Blend's technology platform is driving an evolution in how lenders do business and interact with their clients," said Paul Stamas, managing director at General Atlantic, a leading global growth equity firm.
Read by 53% of LPs