Wednesday, February 19, 2020
HSBC Holdings PLC announced Tuesday, February 18, 2020, that it plans to cut 35,000 jobs in attempts to overhaul its banking strategy. The corporation’s decision comes as the business experienced a significant cut in profits in 2019. Reuters reports that...
Redbox jumped to the streaming market after years of stagnant business, offering free TV streaming service that combines on-demand rentals for users. The company is known for DVD rental kiosks in the United States but as digital platforms dominate,...
Israeli startup Intuition Robotics, the company behind the digital companion ElliQ, announced Thursday it has secured a total of $36 million in a Series B funding led by Sparx Group and OurCrowd. In a press release, the startup disclosed it...
The Investment Coordinating Board (BKPM) of Indonesia revealed that it has offered the Australian government an opportunity to invest in the country’s new tourism development plan. The Jakarta Post said that the program, called “10 New Balis” will feature...
Tesla CEO Elon Musk confirmed on Monday, Feb. 10, the news of Tesla shifting to UK and China markets for the solar roof tiles, Solarglass.   The company had a third iteration of its product last October 2019 and is ramping up...
In an interview with a strategist at TD Ameritrade, CNBC found that the trade and investment firm saw an increase in millennial’s investment in ExxonMobil since January. The strategist said that these investors have been purchasing stocks at the...
San Mateo-based Snowflake, a cloud-based data warehouse startup, announced Friday it has secured a $479 million funding commitment in its Series G mega funding round led by Dragoneer Investment Group and Salesforce Ventures. In an interview with San Francisco Business...
Ethereum-based lottery system PoolTogether raised a $1.05 million funding in a recent investment round, said Coin Desk. The round was led by investment platform IDEO CoLab Ventures, blockchain-focused ConsenSys, and crypto investment fun DTC Capital. The three leading investors funneled...
Following the memorandum of understanding signed by the New Zealand government and urban air firm Wisk, the company will set up an air taxi trial in the region. Wisk will be deploying Cora, an electric vertical takeoff and landing...
Spanish eHealth startup mediQuo announced Tuesday, Feb 4, it has secured a total of €2M investment from multiple investors coming from the health sector as well as various venture capital investors and family offices. The latest funding, which was joined...

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