Latest News on private equity markets

SoFi, one of the largest Fintechs in the US, just closed on a $500 million funding round led by the Qatar Investment Authority. The valuation of the Fintech was reported at $4.3 billion – well into Unicorn status but not much of an approvement in... Read More

The post SoFi’s Recent Investment from Qatar Showed Little to No Increase in Valuation Compared to Prior Round appeared first on Crowdfund Insider.

The Central Bank of Egypt (CBE) has drafted a bill to allow its Board of Directors to create rules that would require all individuals, companies and/or platforms dealing in or issuing cryptocurrencies to be licensed, The Egyptian Independent reports. The rules would supplant a “fatwa”... Read More

The post Egyptian Central Bank Introduces Legislation to Replace Ban and Require Licensing of Cryptocurrency Enterprises appeared first on Crowdfund Insider.

FedEx Corp said on Thursday it will begin offering Sunday residential delivery and handoff fewer e-commerce packages to the U.S. Postal Service, as it works to bolster service and wring more profits out of the online shopping boom.

U.S. stocks showed signs of stabilizing on Thursday, but gains were kept in check by conflicting comments on trade talks from President Donald Trump and Beijing that reinforced concerns about a potentially lengthy battle harming global growth.

Protesters carrying an inflatable angry emoji greeted Facebook Inc shareholders as they gathered for the company's annual meeting on Thursday, the latest sign of its struggle to shake off privacy scandals and rein in fake news and hate speech.

Dallas-based Greyhound was put up for sale by Britain's FirstGroup on Thursday as the North American bus line battles to compete with growing pressure from low cost airlines.

Gap Inc cut its full-year earnings forecast and reported bigger-than-expected declines in same-store sales, especially at its Gap brand outlets, on Thursday, sending its shares down nearly 10% after hours.

Shares of Viacom Inc rose on Thursday on a report that CBS Corp's board is preparing for merger talks with the media company.

Uber Technologies Inc reported a $1 billion loss and a 20% rise in revenue on Thursday in its first quarterly report as a public company, in line with the ride-hailing service's forecasts.

Dell Technologies Inc reported a 3% rise in first-quarter revenue on Thursday, as more customers upgraded their systems ahead of Microsoft's planned phase out of Windows 7 and strong performance in its VMware Inc unit.

World stock markets climbed for the first time this week on Thursday, giving pause to a multiday selloff on fears of an escalating trade war between the United States and China that has pushed investors into safe-haven bonds and the U.S. dollar.

NBCUniversal and WarnerMedia on Thursday joined a wave of U.S. media companies, including Walt Disney Co, saying they will reconsider working in Georgia if a new law banning abortions after a fetal heartbeat can be detected takes effect.

Comcast Corp's NBCUniversal said if anti-abortion laws in various U.S. states are upheld, it would "strongly impact" where it produces films and television shows in the future.

General Electric Co's chief executive said on Thursday he was "really stunned" to learn that a major factory had only recently started using lean manufacturing techniques.

Oil prices fell almost 4% to their lowest in over two months on a smaller-than-expected decline in U.S. crude inventories and fears of a global economic slowdown due to the U.S.-China trade war.