Latest News on private equity markets

Subverse on Wefunder

Subverse, with a valuation cap of $15 million, is raising crowdfunding on WeFunder. The company runs a decentralized news network that is focused on providing good-faith coverage of global issues in the form of balanced reporting. Subverse produces about four new videos per week, covering global and national topics with utmost honesty and integrity. Subverse [...]


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8 months ago

ElectroSpit on Microventures

ElectroSpit, the manufacturer of new-generation talkbox instrument, is raising funds on MicroVentures. The company has a valuation cap of $5 million and manufactures mobile and portable talkbox instruments. ElectroSpit’s first product, ESX-1 talkbox, allows users to play music without using complicated instruments. ElectroSpit was founded by Bosko Kante and Maya Kante and has raised $113,000 [...]


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8 months ago

Cisco whistleblower gets first False Claims payout over cybersecurity

Cisco Systems Inc has agreed to settle a whistleblower’s claim that it improperly sold video surveillance software with known vulnerabilities to U.S. federal and state governments, marking the first payout on a False Claims Act case brought over failure to meet cybersecurity standards.



8 months ago

U.S., China to keep talking on trade after little progress in Shanghai

U.S. and Chinese negotiators ended a brief round of trade talks on Wednesday with little sign of progress and agreed to meet again in September, prolonging an uneasy truce in a year-long trade war between the world's two largest economies.



8 months ago

Qualcomm outlook clouded by Huawei's smartphone gains in China

Qualcomm Inc's quarterly revenue and profit forecast fell short of Wall Street targets, driven by Huawei Technologies Co Ltd's strong gains in the Chinese smartphone market, the U.S. company said, sending its shares down as much as 6%.



8 months ago

Fed cuts interest rates, signals it may not need to do more

The Federal Reserve cut interest rates on Wednesday, but the head of the U.S. central bank said the move might not be the start of a lengthy campaign to shore up the economy against risks including global weakness.



8 months ago

Major U.S. banks lower benchmark interest rates following Fed rate cut

Major U.S. banks lowered their benchmark rates for a wide range of consumer and commercial loans on Wednesday, following a rate cut from the Federal Reserve.



8 months ago

Asian shares seen falling on 'hawkish' Fed outlook

Asian shares were set to open significantly lower on Thursday as the U.S. Federal Reserve poured cold water on market expectations of a lengthy easing cycle after delivering a 25-basis-point cut.



8 months ago

Asian shares falter, dollar jumps as Powell dampens hopes for more rate cuts

Asian shares fell to six-week lows on Thursday and the dollar rose after the U.S. Federal Reserve delivered a 25-basis-point rate cut as expected but poured cold water on market expectations of a lengthy easing cycle.



8 months ago

Australia's Qantas says it will not trim Alliance stake despite competition concerns

Australian flag carrier Qantas Airways Ltd said it had no plan to cut its stake in Alliance Airlines, after the competition regulator raised concerns over its acquisition of 19.9% in its rival.



8 months ago

State AGs fighting T-Mobile, Sprint merger request new trial date in Dec

An attorney for the state attorneys general who filed a lawsuit in hopes of stopping T-Mobile U.S. Inc's $26 billion merger with Sprint Corp has requested a new trial date for the case.



8 months ago

Beyond Meat's secondary stock offering priced at $160 per share

Meat alternatives company Beyond Meat Inc said on Wednesday a secondary offering of 3.25 million new shares would be priced at $160 per share, an 18.6% discount to the stock's closing price.



8 months ago

Brazil's Vale dam disasters trigger $2 billion in fresh writedowns

Brazilian miner Vale SA on Wednesday said it swung to a quarterly loss as the company announced more than $2 billion in fresh writedowns related to two deadly dam bursts suffered by the company over a period of less than four years.



8 months ago

UK's Pearson notifies thousands of U.S. students of data breach

British education company Pearson Plc on Thursday said it has notified customers of a data breach that resulted in unauthorized access to about 13,000 school and university accounts, mainly in the United States.



8 months ago

State AGs fighting T-Mobile, Sprint merger request new trial date in December

An attorney for a group of 13 state attorneys general who filed a lawsuit in hopes of stopping T-Mobile U.S. Inc's $26 billion merger with Sprint Corp has requested a new trial date for the case.



8 months ago