Melvin Capital, Hedge Fund Torpedoed By the GameStop Frenzy, is Shutting Down
Melvin Capital, the hedge fund run by Gabe Plotkin that struggled with heavy losses last year as it reeled from wrong-way bets on GameStop, is shutting down, according to a letter sent to investors on Wednesday that was reviewed by The New York Times.....»»
Armis raises $200 million to fuel growth strategy
Armis announced the close of a $200 million Series D round of investment, increasing its total company valuation to a new high of $4.2 billion. Armis’ latest funding round was led by both top-tier investors General Catalyst and Alkeon Capital,.....»»
Boeing plans to launch effort to raise over $15 billion in capital as early as Monday, source says
Boeing plans to launch effort to raise over $15 billion in capital as early as Monday, source says.....»»
Boeing Plans Over $15 Billion Capital Raise as Soon as Monday
Boeing Plans Over $15 Billion Capital Raise as Soon as Monday.....»»
Concentric AI raises $45 million to expand go-to-market strategies
Concentric AI has secured financing of $45 million in a Series B round, bringing the company’s total funding to more than $67 million. The funding round was led by Top Tier Capital Partners and HarbourVest Partners. CyberFuture, a global CISO inves.....»»
Sea lions are driving La Jolla into a frenzy: Other beach towns might be next
La Jolla's coastline is being conquered......»»
Study examines reciprocal causal effects of addiction and education
Rong Hai, an associate economics professor in the University of Miami Patti and Allan Herbert Business School, investigates people's behaviors that influence human capital decisions, and policies that promote this accumulation and ultimately reduce p.....»»
Stream.Security raises $30 million to boost cloud security
Stream.Security closed a $30 million Series B funding round led by U.S. Venture Partners, with participation from new investors, Citi Ventures, and existing investors, Energy Impact Partners (EIP), Cervin Ventures, TLV Partners, and Glilot Capital Pa.....»»
Reality Defender secures $33 million to enhance AI detection capabilities
Reality Defender announced that its Series A fundraising has been expanded, securing a total of $33 million in capital investment. The expanded fundraising round was led by Illuminate Financial, with additional participation from Booz Allen Ventures,.....»»
Indian capital chokes as "hazardous" air pollution returns
Acrid clouds engulfed India's capital on Wednesday as air pollution fueled by fireworks and farm stubble burning was ranked "hazardous" by monitors for the first time this winter......»»
Researchers in a lab near Lake Erie study how toxic algae can damage health
Steven Haller remembers the look of fear on people's faces when toxic algae in Lake Erie made it into his community's water supply 10 years ago, shutting it down for two days......»»
ScaleVoice"s AI ‘workers" can contact customers and seem human
The startup is seeking new venture capital to help fuel an expansion of its AI "workers" designed to automate outbound dealership calls and texts......»»
UN biodiversity summit opens with call for "significant" funding
The world's biggest nature protection conference opens in Colombia Monday with the United Nations chief calling for countries to "convert words into action" and fatten a fund seeking to address biodiversity loss......»»
The 4 best (and worst) places to keep your emergency fund
The 4 best (and worst) places to keep your emergency fund.....»»
"Pandas are coming": Two new bears depart China for US capital
Two giant pandas departed China for a zoo in the US capital on Monday, a Chinese conservation group said in a statement......»»
Breaking down the numbers: Q3 2024 cybersecurity funding activity recap
We present a list of selected cybersecurity companies that received funding during the third quarter of 2024 (Q3 2024). Apono October | 15.5 million Apono has raised $15.5 million in a Series A funding led by New Era Capital Partners, with parti.....»»
Open Road Capital acquires 5 dealerships from Beyer Auto Group
For the first time, Open Road purchased dealerships without a partner......»»
Wildlife loss is taking ecosystems nearer to collapse, new report suggests
Even for a conservation biologist numbed to bad news about nature, the biennial Living Planet report from the World Wildlife Fund (WWF) is a stark reminder of our failure to arrest the loss of biodiversity—the variety of living things and the ecosy.....»»
Can carbon credits help close coal plants?
A few dozen kilometers from the Philippine capital Manila sits a coal plant that some hope could be a model for how developing countries can quit the polluting fossil fuel......»»
Winamp really whips open source coders into frenzy with its source release
Winamp wanted to engage coders, but not like this. It's been a while since most of us used or just thought about Winamp. But now there is a whole lot going on with the MP3 player.....»»
Verizon Message+ is Shutting Down
Verizon has had a text message app called Verizon Messages, that everyone referred to as Verizon Message+, for at least 8 years. The app isn’t something I ever considered using, as it has always been a bit behind in terms of UI trends, but it h.....»»