George Kamel DIY investing is one of the hottest trends out there. You’ve probably heard about apps focused on micro-investing, robo-investing, and DIY investing such as Robinhood, M1 Finance, Stash, Betterment and Acorns. Now, if you’re not hip to the lingo, DIY stands for “do it yourself.” You no longer […]
Investing
SAN FRANCISCO (Reuters) – In June, managers at location data startup Mapbox came to employees with alarming news: The company had lost a $150 million investment, and worker organizing was to blame. Prior to the all-hands meeting over Zoom, roughly two-thirds of the SoftBank-backed startup’s workers had signed cards indicating […]
(Reuters) – Investors once believed that Qualcomm Inc’s fortunes rose and fell with Apple Inc’s iPhone, which uses a key “modem” chip from the San Diego company to connect to mobile data networks. But as Qualcomm prepares for an investor presentation on Tuesday where it will outline plans to land […]
Cash Flow Portal founder and CEO Perry Zheng. (Cash Flow Portal Photo) Here’s our latest rundown on recent startup investment news in the Pacific Northwest. — Seattle-based real estate investment platform Cash Flow Portal has raised $3.5 million and was accepted to participate in the prestigious Y Combinator accelerator (though it hasn’t […]
(Reuters) – Boeing Co may win an order as early as this weekend for about 70 to 80 737 MAX jets from Indian billionaire Rakesh Jhunjhunwala’s startup Akasa Air, Bloomberg News reported on Thursday, citing people familiar with the matter. A deal could be announced during the Dubai Airshow, which […]
(Reuters) – Autonomous delivery vehicle maker Nuro raised $600 million in its latest funding round, the Silicon Valley-based startup said on Tuesday, bringing on board Alphabet Inc’s Google as an investor. The funding round, led by Tiger Global Management, lifted Nuro’s valuation to $8.6 billion from $5 billion previously, according […]
BERLIN (Reuters) – A recently launched climate technology fund, which says its mission is to solve the problem of climate change, aims to raise a total of 350 million euros ($407 million) to invest in startups whose innovations could avert the global crisis. World Fund, initiated by green search engine […]
DETROIT (Reuters) -A union-affiliated pension fund advisor said it is pressing Rivian on human rights and environment concerns in the electric vehicle startup’s battery supply chain ahead of its expected blockbuster initial public offering. SOC Investment Group, in a letter sent Wednesday to Rivian board member Rose Marcario, called on […]
LONDON (Reuters) – Israeli startup AIR on Tuesday unveiled its first “easy-to-operate” electric, vertical takeoff and landing (eVTOL) aircraft that it aims to sell directly to consumers predominantly in the United States starting in 2024. AIR has been working with the U.S. Federal Aviation Authority (FAA) for two years and […]
LONDON (Reuters) – With electric car sales soaring and regulations increasingly favouring zero-emission vehicles, a flurry of announcements on Monday showed how the global auto industry has kicked into a higher gear as it races to speed past the fossil-fuel car era. As part of its own 30 billion euro […]