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April 15, 2021

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Indonesian e-commerce firm Bukalapak raises $234 million: document

Reuters
SINGAPORE (Reuters) – Indonesian e-commerce company Bukalapak raised $234 million in capital in a funding round led by Microsoft, Singapore sovereign wealth fund GIC, and local media conglomerate Emtek, according to a sale document reviewed by Reuters. The latest funding round comes amid a frenzy of interest from global investors......

Indonesian e-commerce firm Bukalapak raises $234 million: document

Reuters
SINGAPORE (Reuters) – Indonesian e-commerce company Bukalapak raised $234 million in capital in a funding round led by Microsoft, Singapore sovereign wealth fund GIC, and local media conglomerate Emtek, according to a sale document reviewed by Reuters. The latest funding round comes amid a frenzy of interest from global investors......

Indonesian e-commerce firm Bukalapak raises $234 million: document

Reuters
SINGAPORE (Reuters) – Indonesian e-commerce company Bukalapak raised $234 million in capital in a funding round led by Microsoft, Singapore sovereign wealth fund GIC, and local media conglomerate Emtek, according to a sale document reviewed by Reuters. The latest funding round comes amid a frenzy of interest from global investors......

Ship owned by Israeli firm attacked off UAE coast: media

Reuters
DUBAI (Reuters) -A commercial vessel owned by an Israeli firm was attacked off the coast of the United Arab Emirates in Gulf waters, pro-Iran media and an Israeli television channel said on Tuesday. Israel’s top-rated Channel 12 quoted unnamed Israeli officials as blaming arch-foe Iran for the assault, which it......

South Korea’s construction firm Hyundai Engineering prepares for IPO

Reuters
SEOUL (Reuters) – South Korean construction company Hyundai Engineering said on Tuesday it had reached out to brokerage firms at home and abroad for them to make bids to carry out the firm’s initial public offering (IPO). Hyundai Engineering, an affiliate of Hyundai Motor Group, engages in the civil and......

Microsoft in talks to buy AI firm Nuance Communications – Bloomberg

Reuters
FILE PHOTO: A Microsoft logo is seen in Los Angeles, California U.S. November 7, 2017. REUTERS/Lucy Nicholson/File Photo (Reuters) – Microsoft Corp is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc, Bloomberg News reported on Sunday. An agreement could be announced as soon as......

Peter Thiel-backed firm takes majority stake in a brain computer interface start-up

CNBC
CNBC – For more and to sign up click here ATAI Life Sciences, a Peter Thiel-backed biopharmaceutical company developing psychedelic drugs to treat mental health, has taken a majority stake in U.S. firm Psyber. Psyber is a business that wants to use brain computer interfaces to help treat people with......

California billionaire’s real estate firm to begin allowing tenants to pay rent in bitcoin

CNBC Real Estate
Billionaire Rick Caruso’s eponymous real estate company is jumping into the world of cryptocurrency, announcing Wednesday it will begin accepting bitcoin as rent payment at its residential and retail properties. The privately held firm said it also has invested a portion of its corporate treasury in bitcoin and entered into......

Software firm Canva valued at $15 billion after latest investment

Reuters
(Reuters) – Australian software firm Canva on Tuesday said the company’s valuation had more than doubled to $15 billion following an investment of $71 million. Sydney-based Canva, launched in 2013, offers an online design and publishing tool with templates for presentations, social media graphics and posters, among others. Canva, which......

Private equity firm buys De Wafelbakkers

FoodBusinessNews
GREENWICH, CONN. — Brynwood Partners VIII LP has acquired De Wafelbakkers from The Oklahoma Publishing Co., a subsidiary of the Anschutz Corp. Financial terms were not disclosed. Based in North Little Rock, Ark., De Wafelbakkers is a manufacturer of branded, co-manufactured and private label frozen pancakes, waffles and French toast.......

British food delivery firm Deliveroo slides 30% in market debut

CNBC
CNBC – For more and to sign up click here A Deliveroo cyclist in London, U.K. Dinendra Haria | SOPA Images | LightRocket | Getty Images LONDON — Shares of British food delivery start-up Deliveroo sank in its stock market debut Wednesday, as the company faces pressure from top investors......

Report: Mets Hire Law Firm to Review Workplace Culture

Sports Illustrated
SI – For more and to sign up click here Joseph Salvador The Mets have reportedly hired a law firm to review the team’s workplace culture and will “focus on sexual harassment, misconduct and discrimination issues,” according to The Athletic. In an organization-wide email sent by team owner Steven Cohen......

PRECIOUS-Gold on back foot as firm U.S. dollar weighs

Reuters
(Adds analyst comments, details, updates prices) * Further bond sell-off could push gold below $1,700/oz -analyst * Markets eye Biden's infrastructure spending plans on Wednesday By Asha Sistla March 29 (Reuters) - Gold prices inched lower on Monday as the U.S. dollar and global share markets firmed on the back......

Backlash hits political consulting firm over sexual harassment allegations

Detriot News
Detroit News – For more and to sign up click here A Lansing political consulting firm is feeling the repercussions of sexual harassment allegations made against its owner, who was forced off the boards of two groups, and a backlash against a key employee championing women’s rights who is leaving the firm.......

NCAA hires firm for review after tourney issues

ESPN
After facing criticism for recently publicized disparities between its men’s and women’s basketball tournaments, the NCAA has hired a law firm to conduct an independent gender-equity review of its championships across all three divisions and for all sports, the NCAA announced Thursday. According to the news release, the NCAA has......

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