A digital platform that offers alternative investments to the masses is attempting to broaden its appeal with a new fund created with BlackRock, the world’s biggest asset manager. For the last five years, New York-based start-up YieldStreet has been giving its users access to a category of deals that had previously been the domain of […]
Tag: business news
Bloomberg qualifies for next Democratic debate
Former New York City mayor and 2020 Democratic presidential candidate Mike Bloomberg speaks at a rally on January 15, 2020 in New York City. Scott Heins | Getty Images Former New York City Mayor Mike Bloomberg on Tuesday qualified for his first appearance in a Democratic presidential primary debate. The billionaire media mogul received 19 […]
Atomico raises $820 million fund to back European start-ups
The partners of European venture capital firm Atomico. Atomico Atomico, the venture capital firm founded by Skype co-founder Niklas Zennstrom, has raised $820 million for a new fund — the biggest since it was set up by the billionaire in 2006. The firm plans to cash in on the ongoing “renaissance” in Europe’s tech sector, […]
Amazon’s Jeff Bezos pledges $10 billion to launch Earth Fund for combating climate change
Amazon founder and CEO Jeff Bezos speaks at the new Amazon Spheres opening event at Amazon’s Seattle headquarters in Seattle, Washington, U.S., January 29, 2018. Lindsey Wasson | Reuters Amazon founder and CEO Jeff Bezos on Monday announced the launch of a new Earth Fund that the e-commerce chief plans to use to combat the […]
As Walmart ramps up e-commerce, analysts wait to see OR watch to see if losses will rise or shrink
As Walmart’s online sales grow, the retailer has seen another number grow, too: Its e-commerce losses. Analysts are waiting to see whether those losses have peaked or if they’ll continue to rise. The Bentonville, Arkansas-based retailer is spending heavily to compete against Amazon. It’s seen that pay off with significant sales growth, especially in its […]
N26 customers feel ‘betrayed’ by German digital bank for leaving UK
N26’s logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images Customers of the German online bank N26 say they feel “outraged” and “betrayed” by the firm’s decision to leave the U.K. Berlin-based N26 announced last week that it would no longer be able to operate in the country […]
Space junk raise concerns as more and more satellites are launched
An computerized image showing a satellite orbiting the Earth. Jose Luis Stephens | EyeEm | Getty Images Space companies, from Elon Musk’s SpaceX to start-up OneWeb, are racing to launch satellites into space with the aim of creating global internet coverage on Earth. But there’s one big problem, experts say — the creation and threat […]
Coronavirus live updates: Taiwan confirms first death
A US passenger thumbs up to reporters while arriving at the Haneda Airport, in Tokyo on February 17, 2020 after disembarking in Yokohama from the Diamond Princess cruise ship, where people are quarantined onboard due to fears of the new COVID-19 coronavirus. KAZUHIRO NOGI This is a live blog. Please check back for updates. All […]
More than 1,000 Justice Department alumni call for Barr’s resignation
US President Donald Trump (L) shakes hands with US Attorney General William Barr (R) during the Public Safety Officer Medal of Valor presentation ceremony at the White House in Washington, DC on May 22, 2019. Jim Watson | AFP | Getty Images More than 1,000 alumni of the Justice Department on Sunday released a letter […]
China death toll at 1,665, American tests positive in Malaysia
A girl wearing a face mask plays on her scooter at a park in Beijing on February 15, 2020. Wang Zhao | AFP | Getty Images This is a live blog. Please check back for updates. All times below are in Beijing time. 7:21 pm: Taiwan confirms first coronavirus death on island Taiwanese health authorities […]
