Hedge Fund That Bet Against GameStop Shuts Down
A London-based hedge fund that suffered losses betting against US retailer GameStop during the first meme stock rally in January is shutting its doors [Editor's note: the link may be paywalled; alternative source]. From a report: White Square Capital.....»»
White Star Capital launches new $50M crypto/blockchain fund backed by Bpifrance, Ubisoft
White Star Capital, better known as a VC which, in its time, has backed the likes of Digg, launchrock, Meero, Summly, and Tier, among others, is moving into the hot world of crypto and blockchain with a new $50M Digital Asset Fund. The special-vehicl.....»»
5 innovative fundraising methods for emerging VCs and PEs
Approaching institutions to raise capital for your venture capital or private equity fund is relatively transparent, but what if you’re targeting family offices and high-net-worth individuals? David Teten Contributor.....»»
Formlabs raises $150M
A massive raise for the 3D printing industry this morning, as Massachusetts-based Formlabs has announced a $150 million Series E. The round, led by Softbank’s Vision Fund 2, effectively doubles the value of the unicorn to $2 billion dollars. The ne.....»»
UTEC, one of Asia’s largest deep-tech investment firms, launches new $275M fund
The University of Tokyo Edge Capital Partners (UTEC), a deep-tech investment firm, announced the first close of its fifth fund, which is expected to total 30 billion JPY (or about $275 million USD) by June 2021. UTEC currently has about $780 million.....»»
Beta Technologies adds $368 million in Series A funding for its electric aviation ecosystem
Electric aviation startup Beta Technologies closed a $368 million Series A funding round on Tuesday, with investments from Amazon’s Climate Pledge Fund. The new capital is the second round of funding announced by the company this year, after the co.....»»
It can"t all be insured: counting the hidden economic impact of floods and bushfires
The Australian government's latest budget has committed A$210 million for a new climate information service, $600 million for a new agency to promote natural disaster recovery and resilience, and $10 billion for a reinsurance fund to reduce insurance.....»»
Peter Thiel Helps Fund an App That Tells You What to Do
"How would you feel about being able to pay to control multiple aspects of another person's life?" asks the BBC. "A new app is offering you the chance to do just that." When writer Brandon Wong recently couldn't decide what takeaway to order one e.....»»
GameStop FOMO inspires a new wave of crypto pump-and-dumps
Discord groups promise big earnings by manipulating the crypto market. Enlarge (credit: peng song / Getty) After the California Gold Rush, in 1870, two Kentucky swindlers whipped up a scheme to prey on thirsty financiers’ FOMO. They invente.....»»
Ireland"s health service shuts down IT systems over ransomware attack by "international criminals"
Ireland's health service has closed down its computer systems after a major ransomware attack by "international criminals", the country's deputy prime minister has said......»»
Ireland"s health service shuts down IT systems over "significant ransomware attack"
Ireland's health service has closed down its computer systems after what it described as a "significant ransomware attack"......»»
Irish health service hit by cyber attack
The Health Service Executive in Ireland temporarily shuts down its IT system after a "significant ransomware attack"......»»
What’s Best for Rural Fiber Broadband?
What’s Best for Rural Fiber Broadband? The Rural Digital Opportunity Fund (RDOF) has set a minimum performance tier of 25/3 Mbps but prioritized support for services with faster speeds and lower latency. The goal was to close the “digital divide.....»»
SpecTrust raises millions to fight cybercrime with its no-code platform
Risk defense startup SpecTrust is emerging from stealth today with a $4.3 million seed raise and a public launch. Cyber Mentor Fund led the round, which also included participation from Rally Ventures, SignalFire, Dreamit Ventures and Legion Capital......»»
FCC: Emergency Connectivity Fund is Largest Single Effort in Nation’s History for Student Connectivity
FCC: Emergency Connectivity Fund is Largest Single Effort in Nation’s History for Student Connectivity Rules for the Emergency Connectivity Fund adopted yesterday by the FCC call for schools and libraries to enter into contracts with service p.....»»
Vitalik Buterin donates $1 billion worth of ‘meme coins’ to India COVID Relief Fund
Vitalik Buterin donates $1 billion worth of ‘meme coins’ to India COVID Relief Fund.....»»
Ethereum Founder Regifts Unsolicited DOGE Knockoffs, Donates a Billion Dollars Worth of SHIB To an Indian COVID Relief Fund
Vitalik Buterin, founder of Ethereum, has signalled dog-themed memecoin creators to bark up another tree, reports CoinDesk. From the report: In a move that captivated the attention of Crypto Twitter on Wednesday, the Ethereum founder re-gifted tokens.....»»
$50 monthly broadband discounts available starting today via 825 ISPs
FCC's emergency pandemic fund is open, with 825 home and mobile ISPs participating. Enlarge (credit: Getty Images | Oscar Wong) The Federal Communications Commission today opened enrollment for $50-per-month broadband subsidies for US resident.....»»
FCC Approves $7B Broadband Connectivity Fund
The US Federal Communications Commission has unanimously approved the final rules to implement the $7.17 billion Emergency Connectivity Fund Program. The FCC program will provide funding for schools and libraries across the country to buy laptops, ta.....»»
YouTube announces a $100M fund to reward top YouTube Shorts creators over 2021-2022
YouTube is giving its TikTok competitor, YouTube Shorts, an injection of cash to help it better compete with rivals. The company today introduced the YouTube Shorts Fund, a $100 million fund that will pay YouTube Shorts creators for their most viewed.....»»
This Is Your Brain Under Anesthesia
For the first time, researchers were able to observe, in extra-fine detail, how neurons behave as consciousness shuts down......»»