Twitter Inc has invested about $70 million in Berlin-based music service SoundCloud, technology website Re/code reported citing people familiar with the deal.
1 min read · 15 June 2016
Prashant Kolluri, a former executive at Investcorp and Sterling Ridge Capital Management, said on Tuesday he has joined investment firm Quest Partners LLC as president.
1 min read · 14 June 2016
Zenefits, a human resources software startup that has been beleaguered by compliance issues, is laying off more than 100 employees, as investors point to the company as a cautionary tale for startups that try to grow too quickly, Reuters reported.
2 min read · 14 June 2016
Zenefits, a human resources software startup that has been beleaguered by compliance issues, is laying off more than 100 employees, as investors point to the company as a cautionary tale for startups that try to grow too quickly, Reuters reported.
2 min read · 14 June 2016
Canadian health insurance startup League Inc has raised US$25 million in early-stage funding from backers including the country's biggest bank, Reuters reported. League's Co-Founder and CEO Mike Serbinis, who also ran e-book company Kobo before it was sold to Rakuten Inc for US$315 million in 2011, told Reuters the company plans to launch its own insurance products in the next few months as it expands across Canada and in selected U.S. Pacific coast states. Serbinis said the initial focus will be on small businesses, many of which do not currently offer health benefits to employees.
2 min read · 14 June 2016
Canadian health insurance startup League Inc has raised US$25 million in early-stage funding from backers including the country's biggest bank, Reuters reported. League's Co-Founder and CEO Mike Serbinis, who also ran e-book company Kobo before it was sold to Rakuten Inc for US$315 million in 2011, told Reuters the company plans to launch its own insurance products in the next few months as it expands across Canada and in selected U.S. Pacific coast states. Serbinis said the initial focus will be on small businesses, many of which do not currently offer health benefits to employees.
2 min read · 14 June 2016
Andrew Caspersen, the Wall Street executive accused of scheming to defraud investors out of as much as $95 million, is expected to appear in federal court on Tuesday as prosecutors file papers that often indicate a plea may follow later.
2 min read · 14 June 2016
Canadian health insurance startup League Inc has raised $25 million in early-stage funding from backers including the country's biggest bank, according to its chief executive and co-founder.
2 min read · 14 June 2016
Canadian health insurance startup League Inc has raised $25 million in early-stage funding from backers including the country's biggest bank, according to its chief executive and co-founder.
2 min read · 14 June 2016
The French airports of Nice and Lyon have attracted at least 16 bidders ahead of a July 4 deadline for firm offers, sources told Reuters. Bidders for Nice airport are said to include Canada Pension Plan Investment Board, the sources said. The privatization of France's two biggest regional airports is expected to yield up to 1.5 billion euros (US$1.69 billion) for the government.
1 min read · 14 June 2016