Chinese Digital Media Outlet Jiemian Raises $71M In Series C Round - China Money Network
Chinese digital media outlet Jiemian announced the completion of a series C round with a total financing of more than RMB500 million (US$71.7 million), and its valuation has increased significantly compared with before. Investors in this round include strategic investors such as China Internet Investment Fund and Shanghai Xuhui State-owned Assets Investment (Group) Co., Ltd. [...] Chinese Digital Media Outlet Jiemian Raises $71M In Series C Round comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.
Former Andreessen Horowitz partner Benedict Evans joins EF as Venture Partner - TechCrunch
A well-respected analyst with a background in the tech and media industries, Evans will be tasked with providing "analysis, insight and recommendations" for new technologies and markets that offer opportunities for the EF company builder model and to support future EF cohorts.
MIT Media Lab In Crisis After Scholars Vow To Leave Over Epstein Ties
The elite research center at the Massachusetts Institute of Technology, where hundreds of graduate and undergraduate students study tech topics, is in turmoil. It was revealed that its director, Joichi Ito, had ties to Jeffrey Epstein, who had given money to the lab and to Mr. Ito's own venture capital funds.
Bitcoin Has 'No Intrinsic Value,' As UK Moves Towards Crypto Ban
Bitcoin and cryptocurrency regulation has been pushed into the limelight over recent weeks, thanks to social media giant Facebook's high profile plans to launch its own potential rival to bitcoin sometime next year.
IPC Media Pension Scheme Appoints BlackRock As Fiduciary Manager
The IPC Media Pension Scheme has appointed BlackRock as its fiduciary manager to look after assets of around ÂL600m
Tiger Cub Coatue Management +22% YTD As Tech Focus Pays Off
Philippe Laffont’s hedge fund Coatue Management has reportedly returned 5% in July and is ahead approximately 22% for the year through the end of last month, largely by riding the recent gains in technology stocks. Last month was the sixth monthly gain of 2017 for the company’s flagship fund, according to a Bloomberg article. The long/short fund focuses on technology, media and telecom investments and has around $8 billion in assets. Coatue’s performance, while far ahead of the typical hedge fund’s returns (HFR’s HFRX Global Hedge Fund Index is up +3.51% through the end of July), roughly mirrors the 21%...
Starboard Value Hedge Fund Wants To Force ComScore To Hold An Annual Meeting
Jeffrey Smith, chief executive of Starboard Value, whose new target is comScore, the big media measurement company.
The Carlyle Group Promotes Cam Dyer And Patrick McCarter To Co-Heads Of Global Technology, Media And Telecommunications Team
Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced that Managing Directors Patrick R. McCarter and Campbell Cam R. Dyer and have been promoted to Co-Heads of the Global Technology, Media and Telecommunications (TMT) team. They succeed long-term Head James A. Attwood, Jr. who will continue as a Managing Director on the TMT team and maintain service on a number of Carlyle portfolio company boards. Mr. Dyer is based in Washington, DC and Mr. McCarter is based in Menlo Park, CA. Their new roles are effective September 1, 2017.
Carlyle To Raise $5B For Its Fifth Asia Buyout Fund
<p>The Carlyle Group, a global alternative asset manager, is seeking to raise US$5 billion for its fifth Asia buyout fund, Carlyle Asia Partners V.</p> <p>The buyout fund will reach its first close in October this year, according to media reports citing insiders. Carlyle's Asia Buyout Group looks at investment opportunities in a range of sectors, including financial services, media and telecommunications, manufacturing and consumer products, in Australia, Greater China, India, Korea and Southeast Asia.</p>
BSD Tech Weekly - July 14, 2017 - Black Swan Dexteritas, Inc.
Manufacturers are already experimenting with the Compute Card. LG, for example, has a large display that turns into an all-in-one PC when you drop it in, Seneca is using it to power a digital media p...