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Careem, a ridehailing company in acquisition talks with Uber, raised $200 million from Saudi backers

CAREEM, A RIDEHAILING COMPANY IN ACQUISITION TALKS WITH UBER, RAISED $200 MILLION FROM SAUDI BACKERS

Careem, a Middle East ride-hailing equivalent to Uber, has raised a $200 million tranche for its latest round of funding. The deal...

The fate of missing journalist Jamal Khashoggi hangs over SoftBank as it looks to raise another $100 billion fund

THE FATE OF MISSING JOURNALIST JAMAL KHASHOGGI HANGS OVER SOFTBANK AS IT LOOKS TO RAISE ANOTHER $100 BILLION FUND

Japanese conglomerate and tech investor SoftBank is under scrutiny over its ties to Saudi Arabia, a major backer of its $100 billion...

 
 
 
Post-IPO Chat With CEO of Anaplan As Its Trading Price Surge Holds

POST-IPO CHAT WITH CEO OF ANAPLAN AS ITS TRADING PRICE SURGE HOLDS

Enterprise planning software company Anaplan pulled off its IPO in the middle of a broad market slump last week-raising $263.5 million-and...

Postmates launches food delivery in 134 new U.S. cities

POSTMATES LAUNCHES FOOD DELIVERY IN 134 NEW U.S. CITIES

Homebodies across the U.S. have reason to celebrate. Postmates - the on-demand food delivery service so popular in major cities that...

 
 
 
In Boston, Paul Allen Aimed to Boost Bioscience's “Tempo of Discovery”

IN BOSTON, PAUL ALLEN AIMED TO BOOST BIOSCIENCE'S “TEMPO OF DISCOVERY”

The scientific interests of the late Microsoft co-founder Paul Allen led him to fund a pair of major research centers in the Boston...

Amazon has invested in its first restaurant operations startup, and it could reveal the future of Alexa

AMAZON HAS INVESTED IN ITS FIRST RESTAURANT OPERATIONS STARTUP, AND IT COULD REVEAL THE FUTURE OF ALEXA

Amazon announced on Wednesday that it has invested in SevenRooms - a hospitality startup that specializes in restaurant software -...

 
 
 
Memory raises $5M to bring AI to time tracking

MEMORY RAISES $5M TO BRING AI TO TIME TRACKING

Memory , a startup out of Norway and maker of time tracking app Timely , has raised $5 million in further funding. Leading the round...

BlackRock is banking on a business that could reach $12 trillion in the next five years, according to its CEO

BLACKROCK IS BANKING ON A BUSINESS THAT COULD REACH $12 TRILLION IN THE NEXT FIVE YEARS, ACCORDING TO ITS CEO

Exchange-traded funds' assets could jump from $4.7 trillion this year to $12 trillion in 2023, according to BlackRock CEO Larry Fink. BlackRock's...

 
 
 
Journal raises $1.5 million to bring Google-like search to your personal life

JOURNAL RAISES $1.5 MILLION TO BRING GOOGLE-LIKE SEARCH TO YOUR PERSONAL LIFE

In today's world of Slack, email and a gazillion other web apps and services, it's become increasingly hard to search for information....

A former Googler who started losing his hair in his 20s and founded a company to help other men facing a similar fate now wants to help the 38 million people living with migraines

A FORMER GOOGLER WHO STARTED LOSING HIS HAIR IN HIS 20S AND FOUNDED A COMPANY TO HELP OTHER MEN FACING A SIMILAR FATE NOW WANTS TO HELP THE 38 MILLION PEOPLE LIVING WITH MIGRAINES

Thirty Madison, the company behind hair loss startup Keeps, is expanding into migraine treatments. The company on Tuesday raised a...

 
 
 
Syncron raises $67 million for preventative maintenance AI

SYNCRON RAISES $67 MILLION FOR PREVENTATIVE MAINTENANCE AI

In the manufacturing and industrial sectors, equipment failures can result in millions of dollars of lost revenue. The true cost of...

Here's the long-lost 1975 TV show that Jeff Bezos makes people watch to understand what his space company is all about

HERE'S THE LONG-LOST 1975 TV SHOW THAT JEFF BEZOS MAKES PEOPLE WATCH TO UNDERSTAND WHAT HIS SPACE COMPANY IS ALL ABOUT

Jeff Bezos asked a reporter to watch a PBS special from 1975 before agreeing to be interviewed about Blue Origin, his rocket company. The...

 
 
 
 
 
 
The Bloodhound 1000mph Speed Record Project Is In Administration

THE BLOODHOUND 1000MPH SPEED RECORD PROJECT IS IN ADMINISTRATION

A project founded over a decade ago to attempt to hit 1000mph on land has called-in administrators after running short of funds

Saudi ally calls for Uber boycott over response to Khashoggi's vanishing

SAUDI ALLY CALLS FOR UBER BOYCOTT OVER RESPONSE TO KHASHOGGI'S VANISHING

Uber is facing calls for a boycott of its app in the Persian Gulf, a region that has poured billions of dollars of investment into...

 
 
 
Vue raised $3 million for smart glasses years ago, but promises they'll ship

VUE RAISED $3 MILLION FOR SMART GLASSES YEARS AGO, BUT PROMISES THEY'LL SHIP

In our monthly Rise and Fall column we look back at crowdfunded gadgets that reached their funding goal. Months or year later, how...

Fed hikes and Trump's trade war have cash flying out of emerging markets

FED HIKES AND TRUMP'S TRADE WAR HAVE CASH FLYING OUT OF EMERGING MARKETS

After suffering months of capital outflows, policy makers from emerging markets attending IMF-World Bank meetings in Indonesia had...

 
 
 
Sears, once the largest retailer in the world, is closing hundreds of stores and reportedly planning to file for bankruptcy. Here's how it got there

SEARS, ONCE THE LARGEST RETAILER IN THE WORLD, IS CLOSING HUNDREDS OF STORES AND REPORTEDLY PLANNING TO FILE FOR BANKRUPTCY. HERE'S HOW IT GOT THERE

Sears is expected to file for bankruptcy imminently. Next Monday, it is due to pay back a $134 million debt to its lenders. The department-store...

Anaplan hits the ground running with strong stock market debut up over 42 percent

ANAPLAN HITS THE GROUND RUNNING WITH STRONG STOCK MARKET DEBUT UP OVER 42 PERCENT

You might think that Anaplan CEO, Frank Calderoni would have had a few sleepless nights this week. His company picked a bad week to...