Kraken bitcoin exchange bags $5M for Series A round
Kraken, the bitcoin exchange division of Payward Inc, raised $5 million for its Series A funding round led by Hummingbird Ventures, a statement about the financing said.
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...
Moderna Pauses Kenya Plant Plan After Losing $1 Billion as COVID-19 Vaccine Demand Slumps
Moderna announced on Thursday that it has decided to halt its plans to...
Donald Trump's Truth Social Stock Continues to Rapidly Fall, Wiping Out Billions of Dollars in Value
Shares of Trump Media & Technology Group, the social media company tha...
Latest News
Accel Partners and Redpoint Ventures invest $11.2M in Series A round of Tactile
Tactile has received $11.2 million from Accel Partners and Redpoint Ventures for its Series A funding round that helps professionals bring their data in one place, TechCrunch reported.
Triton funds ink deal to purchase Norway-based oil services firm Cubility from Energy Ventures
Cubility, the maker of MudCube, has been bought by funds advised by Triton from Energy Ventures for an undisclosed price tag, a statement about the acquisition said.
Israel-based Freightos secures $4.6M in Series B round
Freightos, a worldwide freight network based in Israel, has secured $4.6 million for its Series B funding round led by Aleph and ICV, TechCrunch reported.
Clever bags $10.3M in Series A round to make teachers' lives less tedious
Sequoia Capital led the $10.3 million Series A round for education technology startup Clever that helps teachers avoid the tedious work of manual data entry, VentureBeat reported.
Ebuzzing and Teads consolidate to form worldwide video ad giant
The merger of online video ad platforms Ebuzzing and Teads will create a global video ad group that will continue to provide complementary offerings to its clients, TechCrunch reported.
Philippine conglomerate GT Capital purchases 80pct stake in Toyota dealership
Philippine conglomerate GT Capital Holdings Inc purchased a 79.84% holding in the Toyota Cubai Inc dealership in a deal valued at PHP311.5 million to integrate both its wholesale and retail operations
UK-based PayasUgym secures £1.6 million more in new funding round
UK-based PayasUgym has obtained £1.6 million in a new round led by Albion Ventures, MMC Ventures and other angel investors, bringing to £3.5 million its funding total to date, TechCrunch reported.
AMRI buys Wisconsin pharma firm Cedarburg for $41M
Albany Molecular Research Inc bought Grafton, US-based pharmaceutical ingredients manufacturer Cedarburg Hauser Pharmaceuticals in a deal valued at $41 million that will up its 2014 revenue by $14 mil
BlackRock is latest to back Silicon Valley startup with mega deals
Private equity firms, hedge funds and mutual funds are taking part in mega deals in tech startups in Silicon Valley and BlackRock is the latest to join the fray, Bloomberg News reported.
