The recent Series G investment funding awarded Sumo Logic with a $110 million. Tech Crunch reports that the company is valued at more than $1 billion.
The round of funding was spearheaded by Battery Ventures. Other investors who supported Sumo...
More than half of wealthy U.S. investors expressed optimism in their country’s economy and market performance, a new survey revealed.
In the survey by UBS Group found that 57% of the respondents have a sunny outlook on the American economy....
Morningstar, a leading investment research firm based in Chicago, introduced yesterday, May 6, their latest third-party investment model marketplace, called the Model Research Market.
"Like an 'app store of investment models,' Model Marketplace allows advisors to research, screen, and gather...
The social media giant Facebook announced last Thursday, May 2, that the platform is banning ‘extremist leaders’ including Alex Jones, Paul Nehlen, Milo Yiannopoulos, Lara Loomer and Louis Farrakhan to its platform as well as in Instagram.
The decision was...
General Motors (GM) is mulling a $1 billion investment at its Missouri assembly plant where it produces vans and trucks, state officials recently said.
Missouri Governor Mike Parson said that representatives from the auto manufacturer discussed its plans on investment...
Apple Inc. released a report last Tuesday, April 30, that iPhone sales have dropped by 17 percent from the previous year.
For the first three months, AAPL reported a revenue decline of 5 percent from 2018’s $58 billion profit. The...
Dubbed as one of the most reputable and popular investors, Warren E. Buffet pledged to help Occidental Petroleum bid for Anadarko Petroleum Corp. Following this news, the business magnate decided to show his support by investing a whopping $10...
On April 26, the Philippines and China sealed 19 trade and investments deals amounting to PHP 633 billion (USD 12.16 billion) during the second Belt and Road Forum in Beijing, reports ABS-CBN. The country’s Department of Trade and Industry...
Last April 26, 2019, PayPal and Uber agreed to renew their partnership, one that has been in place since 2013. Following this decision, the payments giant has decided to invest $500 million in the ride-sharing company.
Company Valuation
The half a...
Ford recently announced its plan a $500 million investment in the U.S.-based electric vehicle (EV) developer Rivian.
Rivian, which was founded in 2009, is one of the automobile makers that focus on zero emission technologies. It specialises in the development...
