Spotify Valuation Tops USD 4 Billion
Spotify AB has successfully secured about USD 250 million in new financing that values the music-streaming company much higher than USD 4 billion, according to sources. With this in mind, Spotify is n
Venture Capital
Berkshire Hathaway Reveals $7 Billion Investment to Swiss Insurer Chubb
Warren Buffet’s company Berkshire Hathaway divulged that it has recently made a $7 billion investment in Swiss insurer Chubb.
Anthropic Expands Claude AI Chatbot to Europe, Launches Fundraiser
Anthropic will expand its generative AI assistant Claude to Europe while continuing to get funding from the continent...
Apple Supplier Foxconn Sees Surge in April Sales, Thanks to Strong iPhone Demand
Foxconn reports its highest-ever April revenue surge, with a nearly one-fifth increase compared to last year, driven partly by strong iPhone demand and diversification efforts...
Tesla Has Already Figured Out Trade Strategies To Uber
Up with its never ending pursuit to expand and be in with modern business potentials, and this time it is with Uber...
Latest News
iPhone maker Foxconn to invest in USD40 million in Pennsylvania
iPhone maker Foxconn Technology Group said it plans to invest USD40 million in Pennsylvania for the development of robotics and a high-tech manufacturing facility for telecom and internet equipment.
The Hunt raises USD5.5 million for strange shopping app
The Hunt, an online community where you can track down items you covet, raised USD5.5 million in its first round of institutional funding to create an iPhone app for the site.
Multichannel bags USD3 million to track marketing spend
Hong Kong-based tech startup Multichannel raised USD3 million in a seed round from angel investors in Asia and Europe to be used for the improvement of the company's marketing spend tracker.
Half of angel investors regret 2013 investments -survey
A recent survey by analytics company Worthworm found that 46% of Angel investors regretted the investments they made in 2013 because of overly optimistic financial projection and unrealistic pre-money
Music service Spotify raises $250 million
Online music-streaming service Spotify has raised $250 million in a new funding round, making it one of the world's most richly capitalized start-ups.
TextPride scores USD1 million in seed funding
Branded mobile content company TextPride secured USD1 million in seed funding which will be used to launch the company's mobile stickers and emojis to mobile messaging apps.
Live online school Colingo secures USD2.4 million in seed funding
California-based live online English school Colingo raised USD2.4 million in a seed funding round led by Atlas Ventures, according to the company's founder, Ben Lowenstein.
Illuminate Ventures closes USD20 for debut fund
Women-led venture capital firm Illuminate Ventures closed USD20 million as its first fund to invest in cloud data, big data, analytics, software-as-a-service, and enterprise mobility startups in North
Sequoia Capital to invest USD 15 million for GirnarSoftware stake
Sequoia Capital is backing GirnarSoftware with USD 15 million in investment for a 20% stake in the firm. GirnarSoftware owns Internet websites Cardekho, Bikedekho and Pricedekho.
