Luno raises $9M to bring its bitcoin wallet, exchange and services to Europe

 Luno, a bitcoin wallet and exchange based out of Singapore, is riding the crypto wave into Europe after it closed a $9 million Series B round for market expansion. The funding was led by new investor Balderton Capital, with participation from existing backer Digital Currency Group. South Africa’s AlphaCode — also a new arrival on the cap table — joined the deal which… Read More

Watch Day 2 of Disrupt San Francisco live right here!

 The best is yet to come, and babe, won’t it be fine? Disrupt Day 2 kicks off right now, and thanks to the live stream, no one will be left behind. Today, we’ll be joined by Sebastian Thrun, Apple’s Lisa Jackson, 23andMe’s Anne Wojcicki, the co-founders of Houzz Adi Tatarko and Alon Cohel, as well as NBA MVP Kevin Durant and his business partner Rich Kleiman. And, as… Read More

Wall Street little changed ahead of Fed’s policy meeting

Wall Street little changed ahead of Fed's policy meetingThe Dow, however, managed to climb to a fresh record after open, helped by Chevron's 0.9 percent rise. Investors do not expect the central bank to increase interest rates in the meeting but will closely watch Fed Chair Janet Yellen's views on inflation, which remains stuck below the Fed's 2-percent target rate. "If I'd be watching anything, it would be primarily with regard to their plans to raise rates in December, which now the market has a 50-50 odds on," said Randy Frederick, vice president of trading and derivatives for Charles Schwab in Austin, Texas.


Exclusive: U.S. defense firms want control over tech in Make-in-India plan

Exclusive: U.S. defense firms want control over tech in Make-in-India planU.S. defense firms offering to set up production lines in India to win deals worth billions of dollars want stronger assurances they won't have to part with proprietary technology, according to a business lobby group's letter to India's defense minister. Lockheed Martin (LMT.N) and Boeing (BA.N) are both bidding to supply combat jets to India's military, which is running short of hundreds of aircraft as it retires Soviet-era MiG planes, and its own three-decade long effort to produce a domestic jet is hobbled by delays. Lockheed has offered to shift its F-16 production line to India from Fort Worth, Texas, and make it the sole factory worldwide if India orders at least 100 single-engine fighters.