Investment banking giant Goldman Sachs has backed the US construction finance platform, Rabbet. The startup, which engages in software development aimed to make construction finance more efficient, announced on Wednesday that it had closed an $8 million Series around backed by Goldman Sachs, along with QED Investors and Camber Creek. Formerly known as Contract Simply, […]
Ride-hailing behemoth Uber has been able to conquer almost all markets in which it entered but a country in which it came to a screeching halt was China, and the reason behind their failure in that country was down to the local ride-hailing giant Didi. That was a decisive victory for Didi, and now it […]
When there is enormous tension on trade building between the US and China, Market expectations for U.S.-China trade talks have moved such that they would now praise any outcome that lacked the Trump administration raising more tariffs on March 1, says Hannah Anderson, a global market strategist at J.P. Morgan Asset Management. Markets have been […]
The raging United States v China trade war has had a huge impact on the earnings of a wide range of companies across industries. However, American hardware giant Cisco Systems Inc beat analysts’ estimates and declared robust earnings in the fourth quarter on Wednesday. The primary reason behind the robust earnings was a good show […]
One of the largest privacy campaigns has hit a dead end. Last week, the electronics giant announced that it would be removing the facility of ‘Do Not Track’ from its settings in the Safari Browser. This is said to be because the information could be used to track t whereabouts of the person including all […]
This week Activision Blizzard revealed that it is letting go 8% of its workforce and rebuilding its business structure to concentrate on its top games. It’s just another indication of how much Fortnite’s popularity has influenced the video game industry. The company plans to make a $150 million move, allowing a shift of priority from […]
