FCC Faces Funding Shortfall in Effort to Remove Chinese Tech Giants Huawei, ZTE From Networks

A US scheme to pay carriers and ISPs to remove Huawei and ZTE equipment from their networks is stalled owing to a $3 billion financing gap.


Affordable Connectivity Program: Congress Fights to Refuel Low-Cost Broadband Program Amid Looming Expiration

The Affordable Connectivity Program's (ACP) funding is declining, leaving New Yorkers wondering how they will afford broadband internet in their homes...

BlackRock Joins Saudi PIF for $5B Investment in Riyadh's BRIM Platform

BlackRock and Saudi Arabia's PIF launched BRIM, a $5 billion investment platform in Riyadh. The platform aims to boost foreign investment, support local markets, and foster economic transformation...

Ryan Reynolds and Rob McElhenney Jump Into Mexican Soccer With Investment in Necaxa

Ryan Reynolds and Rob McElhenney, known for owning Wrexham AFC, have acquired a stake in Mexican soccer team Club Necaxa...


Latest News

China's Venture Investment May Face Slowdown in 2016
China's tech startup may find 2016 as a tough year as venture capital will face a slowdown this year. Analyst predicted venture capital in China will decline this year, and government try hard to boos
Tinder-like app for recruitment received $10 million in venture capital
The app has been widely used in Spain and just launched in Paris and London. The services focus on blue collar workers and small business who often need a more simple and time-saving recruitment proce
Some Tech Startups Will Be Rabbits in 2016, Said Venture Capital Analyst
Unicorn is a term defining a startup company with over $1 billion valuation. Now, there will be other group of tech startups defined as "rabbit" to differentiate them from unicorns-overhype that becom
Aircall raises $2.75 million in seed funding
Aircall said that it has raised about $2.75 million in a seed funding round. The funding was headed by Balderton Capital, followed by FundersClub and US-based angels.
Wingz Received $11 Million in Series B Funding Led by Expedia
Airport ride-hailing service Wingz closed its Series B funding with $11 million on Monday. Expedia led the funding with participants from ltimeter Capital and Marc Benioff, CEO of Salesforce.com.
Part of Saudi Aramco’s Shares May Be Offered For International Investors
Aramco is the largest known oil producer in the world with a daily production of 10.25 MMbpd. KSA authority has increased feedstock prices to narrow down its budgetary deficits and also increases dail
Walkie-Talkie Voice Messaging App Roger Lands $1M Led by Social Capital
Roger's walkie-talkie style voice messaging app that launched in 2015 gets a financial backing of $1 million from Social Capital. The new feature was created by ex-Spotify employees, Ricardo Vice Sant
Abingworth Raises $105M Fund
Abingworth, the life-sciences international investment firm, announced last Thursday that they have raised a new $105 million Abingworth Clinical Co-Development Fund (ACCF) - the result of an investme
Finance Tech Company Bluevine Completed Its Series C Funding
BlueVine the fintech startup company completed its $40 million in Series C funding last Wednesday. The investment was led by Menlo Ventures and other participants.
Queen's University Capital Club is Seeking Canada's Best Student Startup
The Queen's University Capital Club focuses on fueling the Canadian students entrepreneurial ecosystem. This year, they determined to foster more student startups with this competition where selected
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