Investment

Platform Industry News: BT - British Telecom in the UK

BT takes multi-million pound stake in cyber firm Safe Security

UK telecoms group BT has taken a multi-million pound stake in Silicon Valley cyber risk management firm Safe Security, underlining its ambition to target growth in the sector, the ...

EIB - European Investment Bank

EIB sees up to 10 billion euro investment shortfall in AI and blockchain

The EU’s attempts to catch China and the US in artificial intelligence and blockchain technologies are set to be hobbled by an investment shortfall of as much as 10 billion e...

Platform News: Squarespace

Squarespace, last valued at $10 billion, sets stage for direct listing

Squarespace has registered roughly 40 million shares for its direct listing in New York later this month, marking another win for advocates of the increasingly popular alternative ...

Platform News: Software titan Microsoft building

Microsoft to invest $1 billion in Malaysia to set up data centres

Microsoft Corporation will invest a cool $1 billion over the next five years in Malaysia as part of a new partnership programme with government agencies and local companies, the So...

Platform News: Telegram, the popular messaging app from Russia

Telegram raises $1 billion through bond sales

Telegram has raised over $1 billion through bond sales to multiple investors, the messaging app’s founder Pavel Durov said on Tuesday.

Platform News: Xiaomi

Blacklisted Chinese businesses eye lawsuits after Xiaomi win

Chinese businesses targeted by an investment ban imposed by former President Trump are considering suing the US government after a federal judge suspended a similar blacklisting fo...

Goldman Sachs

Goldman Sachs restarts cryptocurrency desk amid bitcoin boom

Goldman Sachs has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, a person familiar with t...

Platform News: the Tech Titans

BofA: Big tech-led equity inflows fuelling ‘mother-of-all asset bubbles’

A record rush to ‘big tech’ stocks saw equity funds bagging $27.8 billion inflows last week with the ongoing ultra-easy monetary policy creating the “mother-of-al...

Platform Economy: Goldman Sachs investment app, Marcus is launched

Goldman Sachs unveils Marcus Invest robo-adviser in consumer push

Goldman Sachs is launching an automated wealth-management platform to invest customer funds across managed portfolios made up of exchange trade funds for stocks and bonds, the lead...

Platform News: India and the Indian platform economy

Indian group says minister pledges strict foreign investment rules for e-commerce

A group representing millions of brick-and-mortar retailers in India has said it has received government assurances that stringent changes will be made to foreign investment rules ...

UK

London resilient at top of European tech investment table despite COVID

London retained its position as the top European destination for tech venture capital in 2020, with levels near the record sum of the year before despite the impact of COVID-19, ac...

Platform Industry: Bitcoin and digital currencies

Bitcoin climbs to three-year peak, all-time high in focus

Bitcoin rose to a nearly three-year high at the end of last week, as investors continued to scoop the digital currency on expectations it might well surpass its all-time peak of ju...

Alipay

Increased Chinese scrutiny increases investment risk of ‘Beast’ Ant

As Ant Group was pushing forward in August towards its IPO, at least two smaller Chinese banks using existing ties to the FinTech player decided to stop sourcing fresh customer loa...

Platform NewS: China's ByteDance CEO and TikTok apps Founder

ByteDance to invest billions in Singapore

ByteDance, the owner of popular short-video app TikTok, is planning to invest billions of dollars and recruit hundreds of workers in Singapore within the next 3 years, a individual...

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