In 15 years of dominance, Apple Inc. posted its first ever annual revenue decline. However, they expect a large return growth in the current quarter with the help of the strong sales of its new iPhone 7.
Funding
Alibaba Is Ready To Take The Lead With $1.5B Entertainment Fund
Alibaba is really on expansion with $1.5B Entertainment Fund. The worldwide trader Alibaba Group Holding Ltd. is stepping up investments in the entertainment industry with the formation of a new media group along with a fund of more than 10 billion yuan ($1.
Gap Between Poor And Rich In Europe Widens, Still One Not-so-Good Brexit Vote Aftermath
The Gap between the poor and rich people in Europe still continues to widen. The gap between richer and poorer regions of euro-zone countries has increased since the financial crisis.
UPS Purchases New Boeing 747-8 Jumbo Super Jets
To uphold its lifetime commitment of rendering quality delivery services to its clients, UPS buys Boeing 747-8 jumbo jets.
MIT Press Release: Launches New Venture Capital Fund
The MIT had released a new project called "The Engine". The Massachusetts Institute of Technology has spawned a dazzling array of innovation in its 155 years of history which is from disposable razors to wind tunnels, to radar.
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Initialized Capital, headquartered in New York City is an early-stage venture capital firm founded by former Y Combinator partners Alexis Ohanian and Garry Tan. It has increased $115 million for its third fund. Investing on starting companies are the focus of the investment to help them get started.
Hedge fund sectors and their managers are foreseeing the tight competition that will prevail in the market for the coming times.
Research on brain diseases and illnesses like Alzheimer’s and post-traumatic stress disorder could be funded with $200 million by Montana through a ballot initiative. However, critics claim that despite being well-intentioned, the act seizes the current system to regulate state spending and might create debt that might be carried by the taxpayers.
Greystar and Credit Corp are very much happy with their partnership and said that this will be a great start for the two big companies.
Semper Capital Management announces today that the total MBS Fund had already reached $500 million AUM.
A new research at Clemson University reveals that South Carolina has sufficient lands fit to generate the huge amounts of solar power which would be needed in meeting the goals of getting all energy from renewable sources by year 2050.
Per Franzen head of Nordics EQT during an interview in Stockholm said that bigger checks can be written to one counter-party is also an important strategy for EQT . He said investors should be more involved as they take over their assets and with an environment with low growth the best thing to do backing with incumbent management teams.
DeAndre Levy expressed his thanks for the support that he received for their funding. He explained that there were comments worthy to share of. On the other hand with regards to the comment of a Republican presidential nominee, he simply said that the person has the right to express his thoughts but should be responsible for his words and actions.
Last Thursday, two of Philadelphia’s top medical schools confirmed their ongoing collaboration of research on medical marijuana and is about to host an academic conference on Cannabis by the end of October.
