Blumberg Capital, founded in 1991 by investor David Blumberg, has just closed its fifth early-stage venture fund with $225 million, a vehicle that Blumberg says was oversubscribed — he planned to raise $200 million — and that has already been used to invest in 16 startups around the world (the firm has small offices in […]
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U.S. probes possible insider trading at Binance – Bloomberg News
September 17, 2021 (Reuters) – U.S. officials are examining possible insider trading and market manipulation at global cryptocurrency exchange Binance, Bloomberg News reported on Friday. Authorities are looking into whether Binance or its staff profited by taking advantage of its customers, Bloomberg reported https://ift.tt/2XAJ0s2, citing people with knowledge of the matter. The review involves Commodity […]
Biden to convene virtual virus summit on fringe of UN
September 17, 2021 By Steve Holland WASHINGTON (Reuters) -U.S. President Joe Biden will convene a virtual COVID-19 summit on Wednesday on the margins of the U.N. General Assembly aimed at boosting vaccinations worldwide with the goal of ending the pandemic by the end of 2022. White House spokeswoman Jen Psaki said the United States will […]
France recalls envoys in U.S. and Australia over submarine deal
September 17, 2021 By John Irish, Colin Packham and David Brunnstrom PARIS/CANBERRA/WASHINGTON (Reuters) -France said on Friday it was recalling its ambassadors in the United States and Australia for consultations, the first time it has made such a move as a row over a security deal which sunk a $40 billion French-designed submarine contract escalated. […]
Analysis-Investors brace for a great fall in China
September 17, 2021 By Marc Jones LONDON (Reuters) – International investors that have been piling into China in recent years are now bracing for one of its great falls as the troubles of over-indebted property giant China Evergrande come to a head. The developer’s woes have been snowballing since May. Dwindling resources set against 2 […]
U.S. NTSB to probe fatal Tesla crash in Florida
September 17, 2021 WASHINGTON (Reuters) – The U.S. National Transportation Safety Board (NTSB) will send a team to investigate a fatal Sept. 13 Tesla crash in Coral Gables, Florida, it said on Friday. The NTSB said its investigation will focus on the operation of the vehicle and the post-crash fire that consumed the vehicle after […]
Biden admin looks to revive Trump-era order on migrant expulsion
September 17, 2021 By Daniel Wiessner (Reuters) – The Biden administration on Friday moved to revive an order put in place by then-President Donald Trump directing the expulsion of migrant families caught crossing the U.S.-Mexico border amid the COVID-19 pandemic, a day after a U.S. judge blocked it. The U.S. Department of Justice filed an […]
France recalls envoys in U.S, Australia over submarine deal – statement
September 17, 2021 PARIS (Reuters) – France said on Friday it had decided to recall its ambassadors in the United States and Australia for consultations after Australia struck a deal with the United States and Britain which ended a $40 billion French-designed submarine deal. Foreign minister Jean-Yves Le Drian said in a statement that the […]
Inside GitLab’s IPO filing
While the technology and business world worked towards the weekend, developer operations (DevOps) firm GitLab filed to go public. Before we get into our time off, we need to pause, digest the company’s S-1 filing, and come to some early conclusions. GitLab competes with GitHub, which Microsoft purchased for $7.5 billion back in 2018. The […]
Cameo launches Cameo Calls, a service for fans to video chat with celebs
If you really want to video chat tonight with William Hung of retro American Idol fame… got twenty bucks to spare? Yesterday, Cameo launched its Cameo Calls products, which lets fans video chat for up to 15 minutes one-on-one with their favorite influencers and celebrities. The talent sets the duration, time, and price of their […]
Zoom looks beyond video conferencing as triple-digit 2020 growth begins to slow
It’s been a heady 12-18 months for Zoom, the decade-old company that experienced monster 2020 growth and more recently, a mega acquisition with the $14.7 billion Five9 deal in July. That addition is part of a broader strategy the company has been undertaking the last couple of years to move beyond its core video conferencing […]
OpenSea released an app — but it’s for browsing, not buying and selling
It’s a big day for the Amazon of the decentralized internet — OpenSea now has an app for iOS and Android. For most companies, having a mobile app is a milestone you’d reach before hitting a $1.5 billion valuation. But like any store — whether you’re selling NFT art or not — there’s a hefty […]
U.S. banking lobby groups oppose proposed tax reporting law
September 17, 2021 (Reuters) – The largest U.S. banking lobby groups banded together on Friday to make another push to kill a proposed bank account reporting law being drawn up as part of the congressional reconciliation package. In a letter to U.S. House of Representatives Speaker Nancy Pelosi and House Minority Leader Kevin McCarthy, the […]
Salvadoran president rules out allowing abortion, same-sex marriage
September 17, 2021 SAN SALVADOR (Reuters) – Salvadoran President Nayib Bukele said on Friday a raft of constitutional reforms the government will send soon to Congress will not contain decriminalization of abortion, legalization of same-sex marriage or steps to permit euthanasia. The package of planned measures Bukele received this week from Vice President Felix Ulloa […]
Demand Curve: How to get social proof that grows your startup
Nick Costelloe Contributor Share on Twitter Nick writes actionable growth marketing insights as head of content at Demand Curve. More posts by this contributor Demand Curve: 10 lies you’ve been told about marketing When people are uncertain, they look to others for behavioral guidance. This is called social proof, which is a physiological effect that […]
TechCrunch Disrupt kicks off in just a few days
The final countdown to TechCrunch Disrupt 2021 is on, folks and we cannot be more excited to get this party started. In a just a few days — on September 21-23 — we spotlight the people who envision the future and push beyond what exists to create what will be. It may sound high falutin’ […]
Barra: GM will make ‘substantial shifts’ in supply chain over chips
September 17, 2021 By David Shepardson WASHINGTON (Reuters) – General Motors Co Chief Executive Mary Barra said Friday the largest U.S. automaker plans to make changes in its supply chain as it works to address the continuing semiconductor chip crisis that has forced significant production cuts. “We’re going to make some pretty substantial shifts in […]
Greek PM says Turkey is a key partner on migration, EU needs cohesion
September 17, 2021 By Lefteris Papadimas and Deborah Kyvrikosaios ATHENS (Reuters) – Greek Prime Minister Kyriakos Mitsotakis said on Friday Turkey was an important partner in tackling any new migration challenge to Europe and needed support, and that Europe itself has not delivered on a common policy in addressing the migrant issue. More than a […]
Bills’ Cole Beasley, Reid Ferguson offer to buy road tickets for unvaccinated fans
September 17, 2021 Buffalo Bills receiver Cole Beasley remains defiant in his stance against the COVID-19 vaccination. He disagrees with the rule that only vaccinated fans can attend the team’s home games at Highmark Stadium. So does long snapper Reid Ferguson. The players told unvaccinated fans via social media this week that if they could […]
Brazil’s Pele re-enters ICU at hospital, ESPN Brasil reports
September 17, 2021 SAO PAULO (Reuters) -Brazil soccer legend Pele has re-entered an intensive care unit at Sao Paulo’s Albert Einstein Hospital, ESPN Brasil reported on Friday, in an apparent deterioration of his health after he left the unit earlier this week. The hospital said it had no new information. ESPN Brasil said Pele, an […]