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Latest News on private equity markets

Hoplite Power on Microventures

"Founded in September 2014, and based in New York City, Hoplite Power has built an on-demand smartphone charging network geared towards sports stadiums, large venues, events, and more. The company designs, manufactures, and operates autonomous vending kiosks, called Hoplite Hubs, that distribute universal, external smartphone chargers, which are known as Hoplites. Hoplites are rented directly [...]


The post Hoplite Power on Microventures appeared first on Crowditz.


4 years ago

Thalia Brands on StartEngine

"Thalia is a premium guitar accessories and lifestyle brand with a loyal customer base, successful business model, and impressive portfolio of innovative patented accessories. Our capos have generated $6M in sales to date, and our picks have garnered over $1M. Now we’re expanding into adjacent accessory categories one by one as we continue to grow."


The post Thalia Brands on StartEngine appeared first on Crowditz.


4 years ago

The Human Baton on NetCapital

"THB: The Human Baton brings fans closer than ever to the sports they love. Our team of world renowned experts from broadcast, sports, and technology combine unique content storytelling with immersive technology to unify fans and sports, providing an extraordinary and personalized fan experience. We call it, first-person sports."


The post The Human Baton on NetCapital appeared first on Crowditz.


4 years ago

Harvesting rare-earth metals from the moon will happen this century, NASA chief says

Jim Bridenstine, the leader of NASA, told CNBC his predictions for the future of the space industry.

4 years ago

Transport app FlixMobility gets Germany's biggest tech funding round to drive growth

Transport app FlixMobility has raised around 500 million euros ($561 million) in Germany's biggest tech funding round to date to back investments in its expansion, sources familiar with the matter said on Thursday.



4 years ago

BMW promotes Oliver Zipse to CEO

German luxury carmaker BMW on Thursday named 55-year-old Oliver Zipse as its new chief executive, continuing a tradition of promoting a manufacturing expert to the top job.



4 years ago

Union Pacific cost cuts sheltered profit amid freight slowdown

Union Pacific Corp on Thursday reported a quarterly profit that beat Wall Street estimates, as the U.S. railroad operator cut costs and raised rates to overcome disruptions from record floods in the Midwest and ongoing U.S.-China trade tensions.



4 years ago

Wall Street rises as Fed's Williams bolsters rate-cut hopes

U.S. stock indexes rose on Thursday after a sluggish start as comments from New York Fed President John Williams further cemented expectations for interest rate cuts from the U.S. central bank.



4 years ago

U.S. Justice Department may sue to block Sprint, T-Mobile merger: source

The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp to wrap up a deal by the end of next week to sell assets that are to be divested as a condition of their proposed merger or face a lawsuit aimed at stopping the transaction, a source familiar with the deal said on Thursday.



4 years ago

Morgan Stanley's rich clients withdrew a surprising amount from accounts to pay their taxes

Wealthy clients liquidate some investments every year to cover their tax bill, so presumably this was higher than what Morgan Stanley has seen previously.

4 years ago

BMW picks Oliver Zipse as new CEO

BMW said Oliver Zipse will become chief executive on Aug. 16, picking the 55-year-old manufacturing expert to help the German automaker make the shift to electric and self-driving cars and tackle new competition from technology giants.



4 years ago

Oil falls about 2.5% as U.S. Gulf production returns

Oil fell about 2.5% a barrel on Thursday, weighed down by weakness in U.S. equities markets and an expectation that crude output would rise in the Gulf of Mexico following last week's hurricane in the region.



4 years ago

U.S. tells T-Mobile, Sprint to wrap up divestiture deal: source

The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp to wrap up a deal by the end of next week to sell assets that need to be divested or face a lawsuit aimed at stopping their proposed merger, a source familiar with the deal said on Thursday.



4 years ago

Wall Street rises as Fed's Williams cements rate-cut expectations

U.S. stocks moved higher on Thursday after a slow start as comments from New York Fed President John Williams helped cement expectations for an interest rate cut from the U.S. central bank at the end of the month.



4 years ago

Microsoft sales beat expectations as cloud growth slows

Microsoft Corp beat analysts' estimates for fourth-quarter revenue and profit on Thursday, even as sales growth began to slow for its cloud product Azure and Office software.



4 years ago