“San Francisco Ballet’s Nutcracker season will kick off as planned, despite concerns that opening night would be canceled due to a stall in contract negotiations. Ballet management … reached a tentative two-year agreement with its union members on Thursday.” – San Francisco Chronicle (MSN) Source link
“Tortoise agreed to invest £25 million ($31.9 million) in the British title over the next five years and has pledged to keep publishing the print edition of the approximately 230-year-old paper. Under the terms of the deal, the Scott Trust will become a key shareholder in Tortoise Media.” – Bloomberg (MSN) Source link
The Guardian Approves Sale Of The Observer To Tortoise Media Read More »
Back in the heady days of 2021, Heartcore Capital planned to focus on consumer technology with a $200 million fund. Fast-forward to 2024, and its latest fund will now ‘leaven the bread’ of that thesis, with a fresh $180 million (€170M) to go broader and more generalist than that earlier thesis. Some 17-years into the
Ride-hail giant Uber and Chinese autonomous vehicle technology company WeRide have launched a commercial robotaxi service in Abu Dhabi. The launch marks Uber’s first international autonomous vehicle offering. Uber has been snatching up partnerships with autonomous vehicle companies across sectors, including ride-hail, delivery, and trucking. Other partners include Wayve, Serve Robotics, Aurora Innovation, Waabi, and
Uber and WeRide launch robotaxi service in Abu Dhabi Read More »
Fly Ventures, the Berlin-based VC that invests in seed-stage European startups within enterprise and deep tech, has launched its third fund at €80 million. The firm raised its last €53 million fund in 2020. Aiming at technical founders, the firm claims Fund III was oversubscribed and raised in a single closing. Meanwhile, the small increase
Fly Ventures sets its eyes on technical founders with a fresh €80M fund Read More »
MobiKwik, an Indian financial services startup, has cut the size of its planned IPO for the third time, setting a price band of ₹265-₹279 ($3.1-$3.3) that values it at $250 million — down sharply from its last private valuation of $924 million in 2021. The Gurugram-based fintech, backed by Peak XV and ADIA, is seeking
MobiKwik’s IPO will value it at $250M, 73% less than its last private valuation Read More »
