Industry Keyword: Investment
Media & Content Platforms
William Ackman’s Pershing Square takes new position in Netflix
Billionaire investor William Ackman has built a new stake in streaming service Netflix Inc worth more than $1 billion since its stock price tumbled starting last Thursday.
Mr Ackman told investors that his hedge fund,...
FinTech Platforms
Bitcoin investors dig in for long haul in ‘staggering’ shift
As bitcoin heads into 2022, a growing cohort of long-term investors is doubling down on its stashes of the cryptocurrency, hoping a December dip was merely a festive blip.
Some industry watchers point to the...
Technology Platforms
French startup Swile gets unicorn status with Softbank-led fundraising
Swile has raised additional an $200 million in a capital increase backed by Japan's Softbank, aiming at expanding its business internationally and beyond corporate benefits services, the French start-up has said.
Through this capital increase,...
Application Platforms
EdTech platform Emeritus raises $650 million from SoftBank, Accel, others
Emeritus, an EdTech platform used by some of the world’s top universities and other educational institutions for online courses, has said it raised $650 million in a funding round led by SoftBank Group Corp’s...
App Stores
International investor concerns mount over China’s tech rout
International investors were feeling bruised and uncertain on Tuesday as a third day of heavy selling hammered China's top tech stocks and began to seep into currency and debt markets.
China's rise in global indexes...
Mobile & Infrastructure
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 company has said.
Making its first...
Application Platforms
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 euros (approximately $12 billion)...
Media & Content Platforms
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 to the IPO.
Founded in 2003 by CEO...
Computing Platforms
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 Southeast Asian nation's prime minister...
Communication & Collaboration
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.
The funding round included a combined $150 million investment by Mubadala Investment Co and...
Mobile & Infrastructure
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 for Beijing-based smartphone maker Xiaomi.
Lawyers familiar with the...
FinTech Platforms
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 the matter said.
The team will sit within the...