Boston-based artificial intelligence startup Neurala has created a deep learning neural networks platform and software. While Neurala has seen some funding success, including a $14 million Series A venture funding round led by Pelion Venture Partners back in January, one investor in particular reportedly had...
The stock markets swooned to the upside in the wake of President Donald Trump’s surprise ascension to the presidency. Double-digit percentage gains were in place in just a few months, broadly dispersed across the major U.S. indices, and with the Standard and Poor’s 500 Stock...
Is the way March will end for the Investment Tracker, not with a bang but a whimper? In the period that ended March 17, investment activity could only be termed anemic. The week saw only $159 million in fund flows, with no triple-digit deals seen at...
Then again, that depends on who you are. The bidding war might be brewing, but what lies behind the Ant Financial and Euronet bids for MoneyGram? Here's a look behind the stock prices and brinksmanship, with an eye on strategy - and who’s best positioned...
House of Fraser’s Chinese owners pulled £29 million of a £35 million investment in London-based, app-only bank Tandem because of concerns that the Chinese government might reject the deal, according to Business Insider. House of Fraser, which is owned by Chinese group Sanpower, announced in...
The stock markets may have been rallying ever since Donald Trump won the U.S. election, but the outlook for corporate profits in the U.S. is starting to dim, according to a report by The Financial Times. Citing analysts, The Financial Times reported that analysts are reducing...
Several names in the payments industry roared ahead, with company-specific news focused on game-changing mergers and acquisitions or earnings. The big news, of course, came from MoneyGram, where Ant Financial’s proposed takeover of the company has a rival bid from Euronet Worldwide. The latter company...
Many of the largest automotive and tech industry players have been investing in developments geared toward a future populated by smart and connected cars. Just recently, Chinese internet and eCommerce marketplace giant Alibaba made the lead investment in an $18 million Series B venture funding...
Although blockchain technology has seen major traction in the financial market, it’s been slow on the uptake in other industry sectors. Anyone utilizing the technology as a whole for its business — or planning to in the near future — is about to see a major...
