You can’t always get what you want, especially if it’s a massive inheritance. In an interview with the Wall Street Journal this week, Mick Jagger said that the Rolling Stones have no plans to sell their formidable music catalog, despite artists like Justin Bieber and Katy Perry recently doing the very same thing to the … Read more
JPMorgan Chase said Tuesday it will pay $75 million to settle a lawsuit by the U.S. Virgin Islands alleging that the American bank facilitated and benefited from the sex trafficking of young women by its longtime customer Jeffrey Epstein. JPMorgan did not admit any wrongdoing in the settlement, which will give $55 million to Virgin … Read more
Albert Liu, founder and CEO of Kneron. Harry Murphy | Sportsfile | Getty Images Kneron, a U.S.-based semiconductor startup, said on Tuesday it raised a fresh round of funding as it looks to ramp up the commercialization of its artificial intelligence chips, which it hopes will rival Nvidia’s. The company said it raised an additional … Read more
GIC is in talks to invest in the Indian startup Vegrow, which runs a business-to-business marketplace for fruits, two sources familiar with the matter said. The Singapore sovereign fund is evaluating leading a $40 million Series C funding round in Vegrow, the sources said. The talks, which have not finalized and so the terms could … Read more
Malte Mueller | Fstop | Getty Images Dawn Capital, one of Europe’s biggest backers of business-to-business software companies, raised $700 million in two new funds — doubling down on its bid to find technology champions in the region at a time when venture capital funding for tech startups has dwindled. The London-based VC firm is … Read more
One lucky Southern Californian is the state’s newest millionaire after the numbers for the $725 million Powerball jackpot were drawn Saturday night. The winning numbers were 1, 12, 20, 33, 66 and the Powerball was 21. One ticket matched five numbers and will take home $5,422,749. The winning ticket was sold at Thirst Quencher Liquor … Read more
Google-backed audio content material platform Kuku FM has raised $25 million in a brand new funding spherical because it seems to make deeper inroads with its audiobook choices within the South Asian market. Indian billionaire and technologist Nandan Nilekani’s Fundamentum Partnership co-led the Sequence C funding in Kuku FM with Worldwide Finance Company, a part … Read more
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Google has agreed to pay $93 million to the state of California to settle claims it tracked the situation of customers with out their information. Below the phrases of the proposed settlement, Google should additionally present extra details about the situation information it collects on customers. The settlement follows a “multi-year” investigation by California’s Division … Read more
Perfios, an Indian fintech that gives real-time credit score underwriting options to banks and non-banking monetary establishments, has raised $229 million in a brand new funding spherical because it appears to be like deepen its enlargement in North America and Europe. The 15-year-old startup’s Collection D funding was led by Indian non-public fairness agency Kedaara … Read more
LeBron James has bounced round so much this summer time, however his most up-to-date cease could be stunning. The LA Lakers stars was lately seen on a courtroom in Saudi Arabia. What makes this look stand out is one thing LeBron James posted on social media earlier this summer time. Again in July, the NBA … Read more