Forge, the marketplace for trading private company shares formerly known as Equidate, announced that it will be acquiring custodial trust company IRA Services for a purchase price of $55 million. IRA Services is a trust company that provides custodial services for retirement accounts managed by individuals and mid-to-large sized Institutions. Stripped of financial jargon, the […]
Here’s a well-earned retirement. Kazuo Hirai, the former CEO who spearheaded Sony’s turnaround in recent years, is leaving the company following 35 years of service, according to an announcement made today. Hirai became Sony CEO in 2012, replacing Sir Howard Stringer with a mission of bringing the good times back to the then-bloated electronics giant through […]
Social investing and trading platform eToro announced that it has acquired Danish smart contract infrastructure provider Firmo for an undisclosed purchase price. Firmo’s platform enables exchanges to execute smart financial contracts across various assets, including crypto derivatives, and across all major blockchains. Firmo founder and CEO Dr. Omri Ross described the company’s mission as “…enabl[ing] our […]
Log management service Scalyr today announced the beta launch of PowerQueries, its new tools for letting its users create advanced search operations as they manage their log files and troubleshoot potential issues. The new service allows users to perform complex actions to group, transform, filter and sort their large data sets, as well as to […]
Blade, backed by Lerer Hippeau and Airbus, has begun chauffering the Bay Area’s elite.
In the latest Equity Shot, Kate Clark and Alex Wilhelm take a closer look at Pinterest and Zoom’s IPO filings.
Tesla killed off its customer referral program way back on Feb. 1, 2019 because the popular program was getting too costly to maintain. But now, less than two months later, Tesla is bringing it back with new incentives aimed at rewarding its customers, and bringing in new ones. Tesla’s customer referral program had offered a […]
Razer is summoning a big gun as it bids to develop its mobile gaming strategy. The Hong Kong-listed company — which sells laptops, smartphones and gaming peripherals — said today it is working with Tencent on a raft of initiatives related to smartphone-based games. The collaboration will cover hardware, software and services. Some of the […]
Lagos based online lending startup OneFi is buying Nigerian payment solutions company Amplify for an undisclosed amount. OneFi will take over Amplify’s IP, team, and client network of over 1000 merchants to which Amplify provides payment processing services, OneFi CEO Chijioke Dozie told TechCrunch. The move comes as fintech has become one of Africa’s most […]
Serena Williams, the global sports and fashion icon and investor, is doubling down on her relationship with the dating app Bumble with today’s announcement that she will serve as an investor in its Bumble Fund. Launched in 2018, the Bumble Fund backs early-stage businesses founded and led by women of color and underrepresented groups. The […]
Yung Wu Contributor Yung Wu is the CEO of MaRS Discovery District, a Toronto-based innovation hub. More posts by this contributor To actually change the world, Big Tech needs to grow up The cancellation of Amazon’s planned expansion in New York exposes the truth about its HQ2 promises. In the end, the company seemed mainly […]
Singapore’s Instarem, a fintech startup that helps banks and consumers send money overseas at lower cost, has closed a $41 million Series C financing round to go after global expansion opportunities. The four-year-old company announced a first close of $20 million last November, and it has now doubled that tally (and a little extra) thanks […]