Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion Series G round led by the SoftBank megafund and Alibaba. SoftBank and Alibaba are existing investors in the business — the Chinese e-commerce giant led a $1.1 billion round last year, while SoftBank recently transitioned its shareholding […]
View More Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank’s Vision FundCategory: chairman
Still a year away from launch, Meg Whitman and Jeffrey Katzenberg’s Quibi keeps adding talent
Video won’t start rolling on Meg Whitman and Jeffrey Katzenberg’s new bite-sized streaming service with the billion dollar backing until the end of 2019, but talent keeps signing up to come along for their ride into the future of serialization. The latest marquee director to sign on the dotted line with Quibi is Catherine Hardwicke, […]
View More Still a year away from launch, Meg Whitman and Jeffrey Katzenberg’s Quibi keeps adding talentTesla picks telco executive Robyn Denholm to replace Elon Musk as chairman
Elon Musk’s replacement as the chair of Tesla has been named and it is Robyn Denholm, an Australian executive who has been a director with the electric vehicle firm since 2014. Denholm is currently CFO of Australia-based telco Telstra and she’ll step into the breach once a six-month notice period is served, Tesla said in […]
View More Tesla picks telco executive Robyn Denholm to replace Elon Musk as chairmanA long and winding road to new copyright legislation
Dave Davis Contributor Dave Davis joined Copyright Clearance Center in 1994 and currently serves as a research analyst. He previously held directorships in both public libraries and corporate libraries and earned joint master’s degrees in Library and Information Sciences and Medieval European History from Catholic University of America. More posts by this contributor How AI […]
View More A long and winding road to new copyright legislationRecent departures hint at turmoil at Quartet Health, a mental health startup backed by GV
Quartet Health, a startup backed with nearly $100 million from GV, Oak HC/FT and more, has quietly lost its COO, CPO and replaced its CEO this month.
View More Recent departures hint at turmoil at Quartet Health, a mental health startup backed by GVAlibaba goes big on Russia with joint venture focused on gaming, shopping and more
Alibaba is doubling down on Russia after the Chinese e-commerce giant launched a joint venture with one of the country’s leading internet companies. Russia is said to have over 70 million internet users, around half of its population, with countless more attracted from Russian-speaking neighboring countries. The numbers are projected to rise as, like in […]
View More Alibaba goes big on Russia with joint venture focused on gaming, shopping and moreJack Ma says he isn’t about to retire from Alibaba but is planning a gradual succession
Reports of Jack Ma’s impending retirement are greatly exaggerated, it seems. Ma, the co-founder and executive chairman of Alibaba, has pushed back on claims that he is on the cusp of leaving the $420 billion Chinese e-commerce firm. The New York Times first reported that the entrepreneur plans to announce that he will leave the firm to pursue […]
View More Jack Ma says he isn’t about to retire from Alibaba but is planning a gradual successionSecurity tokens will be coming soon to an exchange near you
While cryptocurrencies have generated the lion’s share of investment and attention to date, I’m more excited about the potential for another blockchain-based digital asset: security tokens.
View More Security tokens will be coming soon to an exchange near youGolden Gate Ventures hits first close on new $100M fund for Southeast Asia
One of the fascinating things about watching an emerging startup ecosystem is that it isn’t just companies that are scaling, the very VC firms that feed them are growing themselves, too. That’s perhaps best embodied by Golden Gate Ventures, a Singapore-based firm founded by three Silicon Valley entrepreneurs in 2011 which is about to close a […]
View More Golden Gate Ventures hits first close on new $100M fund for Southeast AsiaMalta paves the way for a decentralized stock exchange
Malta AKA “Blockchain Island” has been making waves lately in the world of cryptocurrency and governance. Their latest move involves the crypto exchange Binance and the ICO builders at Neufund. The plan is simple: Neufund will help MSX, the Malta Stock Exchange’s skunkworks, create tokenized securities. Binance has agreed to carry these securities on its […]
View More Malta paves the way for a decentralized stock exchangeAlibaba boosts its offline reach with $2B+ investment in outdoor digital marketing firm
Alibaba is investing big bucks into offline distribution. The Chinese e-commerce giant has forked out $2.23 billion in exchange for a sizeable piece of Focus Media, a Shanghai-based company that operates outdoor digital advertising screens across China, Singapore and Hong Kong, according to a U.S. filing. The deal itself is broken up into a few pieces. Alibaba itself […]
View More Alibaba boosts its offline reach with $2B+ investment in outdoor digital marketing firmHans Vestberg to take over as Verizon’s CEO in August
Verizon today announced CEO Lowell McAdam is stepping down from his post as August 1, 2018, seven years to the day he took the spot. He will stay on as Executive Chairman of the Board through the end of 2018 and as Non-Executive Chairman thereafter. Hans Vestberg, Chief Technology Officer of Verizon as well as […]
View More Hans Vestberg to take over as Verizon’s CEO in August