Uber Co-Founder Garrett Camp launches real estate venture, UpThere raises $77 million for its new cloud storage service, Oracle buys NetSuite for $9.3 billion, Apple sold its 1 billionth iPhone. Hyperloop Transportation Technologies to help build a train in Europe. All this on Crunch Report Read More
The media is passing through an awkward digital adolescence. With falling revenues and smaller newsrooms, the industry is being squeezed into an unfamiliar online space against its will. Publications with hundred-year pedigrees are having to rethink and relearn their trade from the ground up. Read More
The Silicon Valley VC Confidence Index registered 3.60 on a 5-point scale for the second quarter of 2016. This quarter's index measurement edged higher from the previous quarter's index reading of 3.54.
Business is booming at Google's parent company, Alphabet Inc., even as it loses billions of dollars on kooky-sounding projects that may never produce any revenue. Huge chunks of the losses have been piling up in Alphabet's X lab, a wellspring of far-out ideas that has become known as a ''moonshot factory'' since Google cofounder Sergey Brin launched it about six years ago.
A new study from SurveyMonkey Intelligence revealed the 30 most-downloaded, and most-used apps in the American iOS and Android app stores so far this year.
Social media apps like Facebook, Snapchat and Instagram ruled over mobile games in the first six months of 2016.
Because Pokémon Go was released in the US on July 6, that wildly popular new title didn’t even show in the… Read More
What do you know about the Clinton email scandal? If you’re anything like me, not much — yet! Let’s take a stroll into our political Swamp of Sadness where both parties are currently mired. One candidate became stuck there while trying to beat the dead horse of the Crooked Hillary meme and the other candidate is sinking simply because government email is just so damn… Read More
Nothing tells the story of how the Mexican tech ecosystem is steaming ahead in Latin America quite like the rise of fintech. The financial services space ticks all the right boxes entrepreneurs look for when launching a company. On the flipside, Mexico’s fintech industry has everything VCs daydream about. It’s worth taking a step back to analyze the forces driving Mexico’s… Read More
Quantum Capital Management bought a new stake in shares of CPFL Energia SA during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission . The institutional investor bought 10,207 shares of the company's stock, valued at approximately $111,000.
Quantum Capital Management reduced its position in Smart & Final Stores Inc. by 3.4% during the first quarter, according to its most recent disclosure with the SEC. The firm owned 11,655 shares of the company's stock after selling 414 shares during the period.
Stocks continued to search for direction Thursday as investors worked through another batch of mixed company earnings, including results from Facebook, Ford and Whole Foods. Investors are looking ahead to a meeting of the Bank of Japan tomorrow which is expected to result in an announcement of more stimulus for the world's third-largest economy.