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, […]
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 […]
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 […]
During the past 30 days, the valuation of the cryptocurrency market has dropped from $138 billion to $114 billion. The value is reduced by $24 billion. Yet, even in such a bear market, TRON recovered from $0.0127 to $0.0264, by a difference of 107 percent. From December 17, within just five weeks, the Tron price […]
Apple Inc is planning on lowering the price of its iconic iPhones for the second time in the history of 12 years. This will peg the retail value to the past prices in the local currency for countries other than the US, rather than pegging the prices to the rising U.S. dollar. This move is […]
There was wide speculation that there would be a merger of Renault and Nissan after a report in Nikkei that the French government delegation had spoken to Tokyo on the integration. When Nissan CEO Hirota Saikawa was contacted to comment on this, he said that he had not heard directly about the proposal to integrate […]
