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SoundCloud, the popular but financially strapped digital music service, is getting a lifeline from new investors who have agreed to pump $170 million into the company. The company is also shifting its business strategy, to focus on selling more tools...
The Powerball jackpot has risen to $700 million. We used this opportunity to test a cognitive bias known as regret avoidance.We constantly have to make decisions without perfect information — like choosing an investment, picking a new job or...
SALT LAKE CITY (AP) - A fraud trial is opening for a Utah businessman whose billboards lined the highway before he was charged with running a $100 million Ponzi scheme that prosecutors say drained people's home equity, life savings and retirement...
Goldman Sachs just led a $45 million investment round into Skytap, a 10-year-old cloud computing provider based in Seattle.Amazon Web Services is, far and away, the cloud computing market leader, but Skytap has found success by focusing exclusively...
Getty Images/Matt CardyWith Friends like these…Goldman Sachs’ hedge fund, Goldman Sachs Investment Partners, has offloaded over $75 million of Spotify shares, or “less than half” of its stake, in recent weeks, Sky News...
Financial terms were not disclosed, but the investment is 'well north' of the US$34.5 million already raised by eSentire, its CEO said
* Chromadex announces closing of third and final tranche of the $25 million strategic investment led by Mr. Li Ka-shing and appoints two additional board members
Money Sharma/AFP/Getty ImagesBenchmark Capital's early investment in Uber has grown exponentially since the ride-hailing company's unicorn days.Benchmark is suing Travis Kalanick, Uber's cofounder and ousted CEO, over claims that he committed...
SEATTLE (AP) - A Bellevue, Washington investment adviser was sentenced to nine years in prison and ordered to pay $3.6 million in restitution. U.S. Attorney Annette Hayes says Chris Young Yoo pleaded guilty in March, admitting he raised millions by...
Monstar Lab Inc, a Japanese software development firm, has raised $6.3 million in funding. The investors included YJ Capital Inc., Shinsei Corporate Investment Limited, San-In Chuo Television Broadcasting Co., Ltd., Fenox Venture Capital and Tanabe...
* Interrent Real Estate Investment Trust says Interrent purchased 1/3 of about 3.6 acre site at 900 Albert Street for $14.2 million
Bank of America’s (BAC) Global Wealth and Investment division posted net income of $804.0 million in 2Q17, up 14.0% on a year-over-year basis.
A word like "fresh" can be a signal that a young girl is being trafficked. Finding it in advertising could lead to saving someone's life.
Technology Crossover Ventures said it invested $95 million in Polish job board Pracuj Group, its first investment in Poland.
*Suez Canal Economic Zone projects eligible for incentives. CAIRO, Aug 17- Egypt is hoping that long-awaited regulations approved on Thursday to its new investment code will draw in fresh and needed cash from abroad as the country pushes ahead with...
MEXICO CITY, Aug 17 (Reuters) - Mexican oilfield services provider Cotemar plans to invest at least $200 million in two oil projects by the end of 2018 as it starts to operate fields on its own, a move made possible by sweeping energy reforms, the...
* Mapi Pharma Ltd- completed an investment round of $10 million by Amoon Fund Source text for Eikon: Further company coverage:
* Says it plans to boost investment in U.S. unit XTX Industries (USA) Limited to $2 million from $500,000
* Capitol Investment Corp IV initial public offering proceeds increased to $402.5 million
* Stellus Capital Investment Corp - announced today pricing of its public offering of $42.5 million in aggregate principal amount of its 5.75 percent notes due 2022 Source text for Eikon: Further company coverage:
Audio streaming website SoundCloud has survived its do or die moment. In the face of serious financial trouble, it secured $169.5 million of investment from…