Jeff Bezos, CEO of Amazon, has sold off $4.1 billion in shares of his own company in the last 11 days as part of a new prearranged trading plan, according to a report from CNBC. Get the Full Story Complete the form to unlock this...
Morgan Stanley wants to let people buy up Uber shares, according to people familiar with the subject, as they’re lining up buyers who will commit to $250 million worth of shares for the ride-share company, Bloomberg reported Monday (Feb. 10). Get the Full Story Complete...
Donny Hall is an entrepreneur who once created a business called CarSure, essentially an automotive repair insurance plan. According to reporting, Hall sold that company in 2017 and fixed his sights on another business venture that would see him directly challenge Carfax, the industry’s dominant...
eCommerce giant Alibaba — China’s largest tech firm — was among other Chinese investors that skipped past the U.S. in 2019, The Financial Times (FT) reported on Sunday (Feb. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Uber co-founder Travis Kalanick is joining other investors in funding the expansion of the 3D-printed hotel concept Habitas, the Financial Times reported on Sunday (Feb. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Saudi Arabia’s STV, one of the country’s largest venture capital firms, has enlisted the help of a Google employee, Ivan Jakovljevic, with the hope of boosting their startups into unicorns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Cross-pollination in financial services — leveraging payments across digital and physical channels — is an emerging trend, especially when it comes to cross-border transactions, and especially with remittances. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
SoftBank Group, which is behind the highly successful Vision Fund, is not going to meet its financing goal for its follow-up fund, Vision Fund 2, which is seen as a sort-of sequel to the original fund, according to a report by The Wall Street Journal....
Luxury gym operator Equinox has secured funding from Silver Lake, an equity firm, in its continuing bid to compete with exercise giant Peloton, according to a report by Bloomberg. Terms of the funding were not disclosed. Get the Full Story Complete the form to unlock...
