IT Technology Romania-Founded UiPath Raises $225 Million To Reach A $10.2 Billion Valuation Daniel Dines, cofounder and CEO of UiPath UiPath Robotic Process Automation (RPA) company UiPath announced today that it closed a $225 million Series E round, reaching an 11-digit valuation for the first time in the company’s history (10.2 billion). Alkeon Capital led the round, with participating investors including Accel, Coatue, Dragoneer, IVP, Madrona Venture Group, […] Written by imesocial July 13, 2020July 13, 2020
Cryptocurrency & Blockchain Technology NY Supreme Court Approves Investigation Into $10 Billion Cryptocurrency Created By A Presidential Candidate Brock Pierce during the Sime Awards at Epicenter on November 16, 2017 in Stockholm, Sweden. Pierce … [+] is a serial cryptocurrency entrepreneur and recent U.S. Presidential candidate. Getty Images for The Sime Awards The New York Supreme Court today unleashed the state’s attorney general to investigate a number of businesses behind the tether cryptocurrency. […] Written by July 10, 2020July 10, 2020
IT Technology House Proposes $600 Billion In Infrastructure Spending For Networks That Private Providers Would Otherwise Deliver Aerial shot above a variety of freight trucks, New Jersey, United States of America Getty Giveaways to industry in the name of the common good are common in election years, but it’s worth looking at the proposed $100 billion for wireline networks and $500 billion for highways. These House bills have a clear set of […] Written by imesocial July 7, 2020July 7, 2020
Cryptocurrency & Blockchain Technology Is This $3 Billion Crypto Ponzi Still Alive? Fleecing users of 3 billion USD worth of cryptocurrencies easily places the PlusToken Ponzi scheme on the top 10 of the largest schemes, ever. But is it over? From 2018 to 2019, the PlusToken Ponzi collected digital assets from people with the promise of high-yield returns, but suddenly stopped paying interests and disappeared with a […] Written by July 6, 2020July 6, 2020
Travel and Living Inside The $20 Billion Fight To Save A Battered Industry A waiter with a protective mask brings a coffee to a customer. This cafe is situated on the most … [+] iconic and touristic plaza of Toulouse, the Capitole. (Photo by Alain Pitton/NurPhoto via Getty Images) NurPhoto via Getty Images To find a reason for optimism about the summer tourist season that starts next week […] Written by imesocial July 6, 2020July 6, 2020
Cryptocurrency & Blockchain Technology $5.3 Billion Hedge Fund Expands Bitcoin Mining Investment Bitcoin cryptocurrency representation is seen in this illustration photo taken in Poland on June 18, … [+] 2020 (Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Core Scientific announced yesterday that the hedge fund and investment manager Horizon Kinetics increased its partnership with the U.S. based blockchain hosting provider. Horizon upgraded its cryptocurrency […] Written by July 2, 2020July 2, 2020
Cryptocurrency & Blockchain Technology Bitcoin Demand Drives $1.4 Billion Ransomware Industry In The U.S. dpa/picture alliance via Getty Images Imagine going to your car, and finding that you are unable to unlock the doors or start the engine. Then you notice a message on your phone. It’s a ransom note indicating that your automobile has been locked down and taken hostage. You are required to send bitcoin to an […] Written by July 1, 2020July 1, 2020
IT Technology Low-Key Investor Who Turned Bets On Flipkart And Peloton Into Billions —And Has A $1.3 Billion Fund To Do It Again Addition founder Lee Fixel has a $1.3 billion fund to look for the next Eventbrite, Flipkart or … [+] Peloton. Via LinkedIn Peloton CEO John Foley was used to hearing “no” by the time he met with investor Lee Fixel in early 2014. Hundreds of venture capitalists and investment firms had passed on his fitness […] Written by imesocial July 1, 2020July 1, 2020
News Bayer To Pay Up To $10.9 Billion To Settle Cancer Claims Over Roundup TOPLINE The German chemicals and pharmaceutical giant Bayer has reached a settlement worth up to $10.9 billion for tens of thousands of claims that the weedkiller Roundup caused cancer, hoping to put an end to years of litigation that has weighed on Bayer’s stock price. A container of Roundup weed killer in a Florida garage […] Written by imesocial June 24, 2020June 24, 2020
News Inside Calibrate, The Telehealth Newcomer Using Doctors And Coaches To Disrupt The $70 Billion Weight Loss Industry Isabelle Kenyon is a 30 Under 30 alum and the founder of Calibrate, a new telehealth company … [+] dedicated to solving one of healthcare’s trickiest issues: metabolic health. Daniela Spector (Daniela Spector (Photographer) – [None] Isabelle Kenyon is an alumnae of investment banking, the Ivy League, and the Forbes 30 Under 30. She’s evaluated […] Written by imesocial June 24, 2020June 24, 2020
Business CoronaVirus Marketing Technology Hospitality Startup Sonder Raises $170 Million At A $1.3 Billion Valuation During Covid-19 Travel Collapse Sonder appears to have broken out of the hospitality slump. As Covid-19 has pushed traditional hotel occupancy rates below 20%, shrunk airline demand by 95%, and all-but obliterated business travel—the short-term apartment rental company has closed a $170 million Series E round. Fidelity, Westcap, and Inovia Capital led the deal that values Sonder at a […] Written by imesocial June 24, 2020June 24, 2020
Uncategorized Softbank Sells $14.8 Billion Of T-Mobile Shares To Pay Down Debt The US has seen a 25% jump in cases over the past week while some state in the south has seen spikes … [+] in cases much higher. Getty Market sentiment turned more cautious overnight as virus cases in the US continue to swell. The US has seen a 25% jump in cases over the past […] Written by imesocial June 24, 2020June 24, 2020
Cryptocurrency & Blockchain Technology Bitcoin Is Braced For A $1 Billion Earthquake This Week Bitcoin’s early 2020 rally has come to an abrupt halt, with the price failing to hold above $10,000 per bitcoin. The bitcoin price, up around 30% so far this year, has been treading water at around $9,400 since it briefly moved above $10,000 earlier this month. Now, bitcoin traders and investors are braced for more […] Written by imesocial June 22, 2020June 22, 2020