Mobile ad startup AppLovin is in talks with a Chinese buyer for an acquisition of around $1.5 billion, according to multiple sources with knowledge of the company. Founded in 2012 by CEO Adam Foroughi along […]
The Obama administration has unveiled a plan to help foreign entrepreneurs stay in the US for five years while building their companies. To qualify for the program, founders must own at least 15% of a […]
A startup called SelfScore has raised $7.1 million in new venture funding to help bring much-needed financial services to international students at U.S. colleges and universities. SelfScore advertises as the International Student’s MasterCard, and largely […]
Enterprise software company SAP is acquiring Altiscale, a startup that offers a cloud-based version of the Hadoop open source software for storing, processing, and analyzing lots of different kinds of data. The deal could be […]
Financial technology groups in more than 20 cities plan to launch a federation next month to pool resources quicker. “We’re hoping to really be able to accelerate the connection of fintechs [start-ups] and institutions to […]
LendUp is a direct lender that provides financial education and gamification for responsible lending behavior. LendUp loans to customers that banks usually decline, giving borrowers with poor credit scores access to short term loans without hidden […]
Uber reportedly lost more than $750 million in the most recent quarter, including $100 million domestically after a first-quarter profit in the US. Driver subsidies accounted for most of Uber’s losses, according to the company, […]
Building a successful business around bot technology can be difficult, as players such as Facebook Messenger and WeChat control important distribution channels, writes Jesus Rodriguez. Moreover, bot technology is hard to monetize, and entering the […]
A San Francisco-based startup called DroneDeploy has raised $20 million in Series B funding to grow their drone data management platform. The drone tech startup closed its Series B deal just before the U.S. Federal […]
One Kings Lane, an online home-furnishings retailer, fetched less than $30 million in its recent sale to Bed Bath & Beyond, according to three people familiar with the deal. The purchase price marks a massive […]
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