tech startups

Lyft To Lay Off ~90 Sales And Marketing Employees
Lyft To Lay Off ~90 Sales And Marketing Employees
January 29, 2020  |  Ridesharing

Lyft announced upcoming job cuts on Wednesday (Jan. 29) as part of what it termed a “corporate restructuring.” The change comes as the ridesharing service...

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A New B2B FinTech Unicorn, And More Funding Ahead
A New B2B FinTech Unicorn, And More Funding Ahead
January 10, 2020  |  B2B Payments

B2B technology startups continue to gain valuable attention among venture capitalists. In a recent report, seed investors explored why their focus has turned to enterprise...

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Why Main Street SMBs Are A Greenfield For InsurTech
Why Main Street SMBs Are A Greenfield For InsurTech
December 19, 2019  |  B2B Payments

Insurance may not be the most flashy or exciting of industries, but its continued reliance on paper and inefficient underwriting processes makes the market a...

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WeWork’s IPO Flop Triggers Tech Startup Scrutiny By Investors
WeWork’s IPO Flop Triggers Tech Startup Scrutiny By Investors
November 08, 2019  |  Investments

Following WeWork’s IPO debacle, investors want tech startups to prove profitability before seeking funds and going public, CNBC reported on Friday (Nov. 8). Over 2,000...

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Samsung Ventures Plants Flag In India And Funds Four Startups
Samsung Ventures Plants Flag In India And Funds Four Startups
July 10, 2019  |  Investments

Samsung Venture Investment Corporation (SVIC) announced on Wednesday (July 10) an $8.5 million investment in four technology startups based in India, with plans to invest...

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Sony Launches $185M ‘Innovation Growth Fund’ For Tech Investments
Sony Launches $185M ‘Innovation Growth Fund’ For Tech Investments
July 03, 2019  |  Investments

To invest in companies within “key high-growth industries,” Sony is homing in on the world of investments in upstarts. The company has the goal of...

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Investors Balk At SoftBank’s New $100B Tech Fund
Investors Balk At SoftBank’s New $100B Tech Fund
June 02, 2019  |  Investments

SoftBank’s attempt to raise money for a second large investment fund is running into trouble, with some of the biggest money managers in the world...

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Tencent Touts Aggressive Investment Plans
Tencent Touts Aggressive Investment Plans
February 20, 2019  |  Investments

Go big or go home — that could describe Tencent’s aggressive investment philosophy, one whose pace will not ease, according to Martin Lau, president of...

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SoftBank, Abu Dhabi Plan To Pump Money Into New European Tech
SoftBank, Abu Dhabi Plan To Pump Money Into New European Tech
February 18, 2019  |  Investments

European tech startups are getting a new source of funding thanks to a new $200 million investment from Japan-based SoftBank. The news comes as concern...

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