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In what seems like a historic moment in crypto, New York State Attorney General (NYSAG) office has announced that it is investigating iFinex, the company behind exchange Bitfinex and stablecoin Tether, over an alleged $850 million fraud. Attorney Gen...

Uber filed an updated S-1 today where it announced that it would be pricing its initial public offering at $44-50 per share. Selling 180,000,000 common shares, it plans to raise between $7.9 billion and $9 billion ahead of its public debut on the NYS...

China’s Ctrip, the world’s second largest online travel company, is doubling down on India after it announced a deal to increase its ownership of travel company MakeMyTrip to nearly half. Ctrip will boost its ownership of MakeMyTrip, whic...

RosieReality, a startup out of Zürich developing consumer augmented reality experiences, has raised $2.2 million in seed funding led by RedAlpine. Other backers include Shasta Ventures, Atomico Partners Mattias Ljungman and Siraj Khaliq (both of whom...

London-based startup Wheely has raised a $15 million Series B round led by Concentric with Oleg Tscheltzoff, Misha Sokolov and other investors also participating. The company wants to build an Uber competitor focused on the luxury market. It's a bit...

It’s official: Nikkei, the Japanese media firm that owns the FT, has confirmed that it has acquired Singapore-based new media startup Deal Street Asia. (The Nikkei announcement is buried behind a paywall — make of that what you will!) The...

Facebook is cracking down on services that promise to help Instagram users buy themselves a large following on the photo app. The social network said today that it has filed a lawsuit against a New Zealand-based company that operates one such ‘...

China’s biggest ecommerce company Alibaba was again on the U.S. Trade Representative’s blacklist over suspected counterfeits sold on its popular Taobao marketplace that connects small merchants to consumers. Nestling with Alibaba on the U...

Honestbee, the online grocery delivery service in Asia, is nearly out of money and trying to offload its business. The company has held early conversations with a number of suitors in Asia, including ride-hailing giants Grab and Go-Jek, over the pote...

The never-ending quest to kill Comcast is poised to receive some renewed investment as an ambitious startup readies to secure some new cash. Starry, a Boston-based wireless broadband internet startup, has filed to raise up to $125 million in Series D...

Carbon is issuing new shares at a valuation of $2.5 billion....

Amazon announced today that it has beat Wall Street's already optimistic Q1 projections. The e-commerce giant's revenues have slowed a bit, contributing to moderate fluctuations in after hours trading, but the company's greatly benefit by ever-inc...

Uber is reportedly looking to sell shares between $44 to $50, aiming to raise $8 to $10 billion in the offering. This would value the company between $80 billion to $90 billion, Bloomberg reports. Previous reports had pegged Uber's valuation at arou...

Over the past few months, Sinemia has gone from promising MoviePass competitor to the source of frustration for moviegoers across the country. After rumors surfaced earlier this week that it would be backing away from its troubled subscription based ...

Third time lucky ” unless you’re Facebook. The social networking giant was hit by a trio of investigations over its privacy practices Thursday following a particularly tumultuous month of security lapses and privacy violations ” the latest in a...

Tesla is poised to open up orders for the Model 3 in several right-hand drive markets, starting with the UK by early May, according to a tweet from CEO Elon Musk. The Model 3 order page will go live May 1 or 2 in the UK, followed by Japan, Australia,...

Amazon has made two-day shipping the new industry standard -- a standard most competitors can't meet. Fortunately, some exciting new logistics startups are emerging to help them compete with Amazon....

The rumored IPO plans of $4 billion spinning brand Peloton marks the rise of a wave of interactive fitness startups like Mirror, Tonal, Hydrow, and At Home 360 that combine a monthly subscription to recorded and/or live video classes with workout har...

Last month, a New York Times piece heralded the arrival of Luminary. The story focused on the startup's healthy funding (almost $100 million) and its "subscription-based business model that it hopes will push the medium into a new phase of growth.� ...

Wing, a nine-year-old, Silicon Valley venture firm co-founded by veteran VCs Peter Wagner and Gaurav Garg, produces interesting research about its own industry every now and then, based on a smaller data set than firms like Pitchbook or CB Insights t...