Tech
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Money transfer service Azimo partners with Siam Commercial Bank for faster payments to Thailand
Azimo, the London-headquartered international money transfer service, has partnered with Thailand’s Siam Commercial Bank (SCB) to deliver instant payments for its customers...
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‘A perfect storm for first time managers,’ say VCs with their own shops
Until very recently, it had begun to seem like anyone with a thick enough checkbook and some key contacts in the startup...
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Proposed amendments to the Volcker Rule could be a lifeline for venture firms hit by market downturn
In the wake of the financial crisis, Congress passed regulations limiting the types of investments that banks could make into private equity...
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457Detroit to be first to deploy Abbott Labs’ 5-minute COVID-19 test, mayor says
Detroit Mayor Mike Duggan said today on Wolf Blitzer’s CNN show that the city of Detroit is on track to be the...
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Notion hits $2 billion valuation in new raise
Notion, a startup that operates a workplace productivity platform, has raised $50 million from Index Ventures and other investors at a $2...
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Stocks fall sharply as U.S. government warns of hard weeks ahead
A recent redbound in domestic equity prices faded further into the distance today, as American stocks fell for a second consecutive day...
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ImmunityBio and Microsoft team up to precisely model how key COVID-19 protein leads to infection
An undertaking that involved combining massive amounts of graphics processing power could provide key leverage for researchers looking to develop potential cures...
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T-Mobile officially completes merger with Sprint, CEO John Legere steps down ahead of schedule
After months of regulatory maneuverings, T-Mobile and Sprint officially completed their $26 billion merger today. The new combined parent company is called...
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VR chair startup raises funds, as pandemic boosts prospects for VR and gaming
Roto VR, startup which markets an interactive, ‘360 degree’ chair, has raised £1.5 million in a funding round led by Pembroke VCT....
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YouTube sellers found touting bogus coronavirus vaccines and masks
YouTube has been criticized for continuing to host coronavirus disinformation on its video sharing platform during a global health emergency. Two US...