Big Profits from Low Priced Stocks
How low will stocks go? That is the question on everyone’s mind as the recent highs for the S&P 500 (SPY) seem like a distant memory as stocks have been…
US Army announces contract with Anduril worth up to $20B
The Army described this as a single enterprise contract consolidating more than 120 separate “procurement actions.”
Others
Maria Shriver’s, Patrick Schwarzenegger’s MOSH noshes on $3M for retail expansion
The brain health brand took in its first institutional capital with plans to go into over 1,800 retail stores in the next year.
QIA invests $1 billion in Ambani’s Reliance Retail at $100 billion valuation
QIA, Qatar’s sovereign fund, will invest $1 billion in Reliance Retail for a 1% stake in India’s largest retail chain, the two firms said Wednesday. The investment values Reliance Retail, part of Mukesh Ambani’s Reliance Industries, at $100 billion. Reliance Retail — which operates 18.500 stores and digital commerce platforms, selling everything from electronics to […]
A cell that does it all
From “The Troubled Hunt for the Ultimate Cell” (1998), by Antonio Regalado: “If awards were given for the most intriguing, controversial, underfunded and hush-hush of scientific pursuits, the search for the human embryonic stem (ES) cell would likely sweep the categories. It’s a hunt for the tabula rasa of human cells—a cell that has the…
Hackers exploit WinRAR zero-day bug to steal funds from broker accounts
Cybercriminals are exploiting a zero-day vulnerability in WinRAR, the venerable shareware archiving tool for Windows, to target traders and steal funds. Cybersecurity company Group-IB discovered the vulnerability, which affects the processing of the ZIP file format by WinRAR, in June. The zero-day flaw — meaning the vendor had no time, or zero days, to fix […]
Jobs platform CakeResume gets $5 million in fresh funding
CakeResume, used by tech companies like Google, Nvidia and TSMC to find new talent, announced today it has raised $5 million in Series A funding. The round was led by returning investor Mynavi, one of Japan’s largest human resources companies, and will be used to expand in countries like Indonesia, Vietnam and India. Based in […]
Dice books $65M for its event discovery and ticketing platform
Live, in-person activity has come back with force in the wake of years of living with Covid-19, and a London startup that built an events tech business is today announcing funding to capitalise on that. Dice, an events discovery and ticketing platform, has raised $65 million, funding that it will be using to grow in […]
Meta plans to roll out default end-to-end encryption for Messenger by the end of the year
Meta said today that the company plans to enable end-to-end encryption by default for Messenger by the end of this year. The tech giant is also expanding its test of end-to-end encryption features to “millions more people’s chats.” The company has been building end-to-end encryption features in Messenger for years now. However, most of them […]
Snap overhauls India organizational structure, appoints new head
Snap has restructured its reporting system in India and named Pulkit Trivedi as the new country head, underscoring the increasing importance of the South Asian market to the company. Snapchat’s parent company will now have its Indian team report directly to Trivedi, giving India leadership more autonomy over the local growth, partnership and market development […]
India’s Kombai raises $4.5M to simplify UI coding with AI
Kombai, a startup that aims to help front-end developers easily convert UI designs to code using AI, has emerged from stealth and announced a $4.5 million in a seed funding round led by Stellaris Venture Partners and Foundation Capital. In response to rapid hardware advancements, software evolution has underscored a pressing need for superior user […]