Corporations

UMG Denies Involvement in Drake vs. Kendrick Lamar Beef as CEO Faces Shareholders’ Ire

Universal Music Group has denied allegations that it has intervened in the beef between Aubrey “Drake” Graham and Kendrick Lamar Duckworth, while also being under fire after Glass Lewis urged shareholders to revolt against a salary increase for its CEO, Lucian Grainge.


Warren Buffett Issues Grave Warning About AI, Saying It Would Make Scams Far More Convincing, Revving Up Fraud

Berkshire Hathaway Chairman and CEO Warren Buffett has warned about AI scams...

Donald Trump Secures Another $1.6 Billion Worth of Shares in Trump Media

Former President Donald Trump has received another $1.6 billion worth of shares in Trump Media & Technology Group...

Trump Media Investors Finally See Uptick in Their Shares for 2 Straight Days

Trump Media shares closed almost 26% higher on Thursday...


Latest News

US-based startup Crossbar bags $25M in Series C funding to expand chip memory to 1 terabyte
Santa Clara, US-based startup Crossbar bagged $25 million in its Series C funding round to expand the memory of a postage stamp-sized chip to one terabyte and make it 20 times faster that the best fla
Harvey Tool Company receives investment from The Riverside Company
Global private equity firm The Riverside Company provided an undisclosed investment amount to the Harvey Tool Company, a specialized cutting tools provider based in Rowley, Massachusetts.
Kitchensurfing secures $15M for its Series B funding round
Kitchensurfing has secured a $15 million investment for its Series B round led by Tiger Global Management and participated in by Union Square ventures and Spark Capital.
Smart Ventures Inc seeks $100M for cannabis-focused subsidiary
Smart Ventures already tapped a veteran fund manager to work on the $100 million initial private placement fundraising for Cannabis Funding Group, the statement said.
ClearStory Data secures $21M in Series B funding round
ClearStory Data was able to get $21 million for its Series B funding round led by DAG Ventures and joined in by other backers, TechCrunch reported.
Canadian firm Vertical Designs acquires 10pct stake in Affinor
British Columbia, Canadian vertical farming firm Vertical Designs Ltd acquired a 10% stake in marijuana industry-focused publicly traded firm Affinor Resources for an undisclosed amount.
Alibaba Group Holding Ltd unit to buy Chinese department store operator Intime Retail Group Co
Alibaba Group Holding, through its unit, will be buying a stake and subscribing to convertible bond shares in Intime Retail Group Co, a department store operator, Bloomberg reported.
US content and rights manager FilmTrack acquires Jaguar Consulting
Studio City, California-based content and rights management firm FilmTrack acquired Pasadena-based IP rights, royalty, and contract management software provider Jaguar Consulting for an undisclosed am
Dropbox to shutdown German reading app Readmill after $8M acqui-hire deal
Berlin, Germany-based social reading app Readmill confirmed that San Francisco, US-based cloud storage giant Dropbox acqui-hired it for $8 million in combined stock and cash, with plans to shut it dow
Realty Mogul secures $9M Series A funding round led by Canaan Partners
Canaan Partners led the $9 million Series A financing round for real estate-focused crowdfunding site Realty Mogul which pools together investors' money to allow them to invest in properties, a statem
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