Archives

Snap Ended Up Raising More Money Than Planned

By Dan Anderson ● Apr 25, 2020

Snapchat parent company Snap Inc (NYSE: SNAP) announced it ended up raising more capital than planned. These are the details.

Boeing (BA) Cancels $4.2 Billion Embraer Deal

By Amit Chowdhry ● Apr 25, 2020

Boeing Co (NYSE: BA) announced it is canceling a $4.2 billion deal for buying the commercial jets unit of Brazil-based Embraer.

Booking Holdings (BKNG): Naspers CEO Bob van Dijk Nominated For Board

By Amit Chowdhry ● Apr 25, 2020

The Booking Holdings Inc (NASDAQ: BKNG) Board of Directors has announced that it has nominated Naspers chief executive officer Bob van Dijk for election to the Board.

Redfin (RDFN) Names David Lissy As Board Chairman

By Amit Chowdhry ● Apr 24, 2020

Redfin Corp (NASDAQ: RDFN) announced it appointed David Lissy as the chairman of its board of directors.

Facebook (FB) Adds ‘Rooms’ Feature To Messenger, Taking On Zoom Video (ZM) And Skype

By Amit Chowdhry ● Apr 24, 2020

Facebook is taking on Zoom with new the Messenger Rooms feature -- which allows 50 participants and supports non-Facebook users through a shared link.

John Stankey Named CEO Of AT&T, Effective July 1

By Amit Chowdhry ● Apr 24, 2020

AT&T Inc. (NYSE: T) has announced that John Stankey is being promoted to CEO of the company, effective July 1.

Y Combinator Grad AmpUp Raises Funding From Automakers

By Annie Baker ● Apr 24, 2020

ampUp, an electric vehicle (EV) software company that enables drivers, hosts, and fleets to charge easier, announced it has raised funding from leading automakers.

Verizon Communications (VZ) Withdraws Full-Year Revenue Outlook

By Noah Long ● Apr 24, 2020

Verizon Communications Inc. (NYSE: VZ) has withdrawn its full-year revenue outlook today.

American Express Company (AXP) To Chop Spending By $3 Billion

By Amit Chowdhry ● Apr 24, 2020

Financial services company American Express Company (NYSE:AXP) said today that it is going to reduce spending by about $3 billion this year.

Cancer Therapy Company Accent Therapeutics Raises $63 Million

By Noah Long ● Apr 24, 2020

Biopharmaceutical company Accent Therapeutics announced it has raised $63 million in Series B funding.

Bodhala Closes $10 Million Led By Edison Partners

By Dan Anderson ● Apr 24, 2020

Data-intelligence and legal technology platform Bodhala announced it raised $10 million in funding led by Edison Partners.

Chicago-Based QuillBot Raises More Than $4 Million

By Noah Long ● Apr 24, 2020

Chicago-based AI paraphrasing tool QuillBot announced it raised over $4 million in funding.

Johnson & Johnson (JNJ) Partners With Emergent Biosolutions (EBS) On COVID-19 Vaccine

By Amit Chowdhry ● Apr 24, 2020

Johnson & Johnson (NYSE: JNJ) announced it signed a contract to pay Emergent Biosolutions Inc (NYSE: EBS) $135 million to help in manufacturing a vaccine for treating COVID-19.

Automated Attack Platform Randori Raises $20 Million

By Annie Baker ● Apr 24, 2020

Automated attack platform Randori announced it raised a $20 million Series A funding round.

Payment Automation Company AvidXchange Secures $128 Million

By Dan Anderson ● Apr 24, 2020

Payment automation solutions company AvidXchange announced it has raised an additional $128 million in equity capital.

Tesla (TSLA): Hiromichi Mizuno Joins The Board And Audit Committee

By Amit Chowdhry ● Apr 24, 2020

Tesla Inc (NASDAQ: TSLA) announced it has added Hiromichi Mizuno as the newest member of its board of directors and audit committee.

Apple (AAPL): Macs Reportedly Getting ARM-Based Processors Next Year

By Amit Chowdhry ● Apr 24, 2020

Apple Inc.(NASDAQ:AAPL) is reportedly planning to start selling Macs with its own processors starting next year.

Expedia Group (EXPE) Raises $3.2 Billion And Names Peter Kern As CEO

By Amit Chowdhry ● Apr 23, 2020

Expedia Group Inc (NASDAQ: EXPE) published an omnibus announcement that details some of the actions approved by the company's board.

Delta Air Lines (DAL) CEO Ed Bastian Discusses Recovery Strategy

By Amit Chowdhry ● Apr 23, 2020

Delta Air Lines, Inc. (NYSE: DAL) CEO Ed Bastian recently discussed the company's recovery strategy. These are the details.

Elon Musk: SpaceX To Fix Brightness From Satellites

By Amit Chowdhry ● Apr 23, 2020

SpaceX head Elon Musk said that the company is working on fixing the brightness of the company's Starlink satellites.

Hugo Raises $6.1 Million From Gradient, Slack, Founder Collective, And Entrée Capital

By Amit Chowdhry ● Apr 23, 2020

Hugo has announced that Gradient Ventures led the company's recent $6.1 million seed financing round with participation from Slack Fund, Founder Collective, and Entrée Capital.

Commvault Systems (CVLT) And NetApp (NTAP) Expand Data Protection For Hybrid Clouds

By Amit Chowdhry ● Apr 23, 2020

Commvault Systems, Inc. (NASDAQ: CVLT) has announced the launch of the NetApp Inc. (NASDAQ: NTAP) Scale-out Data Protection (SDP) for offering expanded rapid recovery support for critical data.

Otter Launches Live Transcripts For Supporting Remote Work

By Dan Anderson ● Apr 23, 2020

Otter.ai has announced Live Video Meeting Notes — which enables participants to have access to live interactive transcripts directly from a video conference or after a meeting.

Vector Capital Officially Sells Saba Software For $1.295 Billion To Cornerstone OnDemand (CSOD)

By Amit Chowdhry ● Apr 23, 2020

Leading private equity firm Vector Capital has announced the successful sale of cloud-based talent management software company Saba Software to Cornerstone OnDemand.

Walmart (WMT) Hires William White As Chief Marketing Officer

By Annie Baker ● Apr 22, 2020

Walmart Inc (NYSE: WMT) has named former Target senior vice president William White as its chief marketing officer (CMO).

How Harvard Medical School Professor Timothy Springer Made Hundreds Of Millions As An Investor

By Amit Chowdhry ● Apr 22, 2020

Harvard Medical School professor Timothy Springer has seen a 17,000% return by investing early in Moderna.

Alphabet (GOOGL): Free Ad Listings To Be Offered On Google Shopping Starting This Month

By Amit Chowdhry ● Apr 22, 2020

Alphabet Inc (NASDAQ:GOOGL) is offering sellers an option to list ads for free through the Google Shopping platform.

Zoom Video (ZM) Releasing Update With Better Encryption Levels

By Amit Chowdhry ● Apr 22, 2020

Zoom Video Communications Inc (NASDAQ: ZM) announced it is rolling out new encryption features for its video conferencing app.

Home Equity Financing Company Noah Secures $150 Million

By Amit Chowdhry ● Apr 22, 2020

Modern finance company Noah (formerly Patch Homes) announced it has secured $150 million in funding to transform home equity financing and help struggling homeowners.

Website Deployment Company Vercel (Formerly Zeit) Raises $21 Million

By Dan Anderson ● Apr 22, 2020

Vercel (formerly known as Zeit) -- a startup founded by the creators of the Next.js web framework -- announced it has raised $21 million series A funding led by Accel.