The last time Janet Yellen, Series 7, 63 certified, warned of asset bubbles, aka the Fed’s “Irrational Exuberance 2.0” moment, was back in July 2014, when the smallest of utterances led to a selling avalanche in biotech and social media stocks. This is what the Fed said back then:
“Nevertheless, valuation metrics in some sectors do appear substantially stretched—particularly those for […]
StockRadars, a Bangkok-based service that aims to demystify investing in Asia’s stock markets, has scored a deal of its own after parent company SiamSquared closed a Series A round from Japan’s CyberAgent Ventures and East Ventures.The deal is undisclosed, but TechCrunch understands that it is around $800,000 and at a $5-10 million valuation for the Thai startup. StockRadars currently covers the public markets in Thailand […]
Half a million people have already signed up for Robinhood‘s unlaunched zero-fee stock trading service. Now the startup has raised $13 million to hire talent to make its app totally secure so it can start adding people from its private beta waitlist.Unlike competitors E*Trade and Scottrade that charge people $7 to $10 per trade, Robinhood doesn’t need to spend money […]
To invoke the memory of a familiar 80′s E.F. Hutton ad, when Douglas Merrill of ZestFinance speaks of finance, we should listen. (You might want to listen merely because he was previously CIO and VP of engineering at Google.) Midway through 2013, the Los Angeles-based startup received Series C financing to the tune of $20 million.Zest for Lending – And […]
Argentina: Rioro SA has been awarded a 166m pesos contract to repair 28 type CT16A wagons for Belgrano Cargas y Logística. This and a 60m pesos contract to repair 10 CT54 wagons are being undetaken by the Rioro workshops at Pérez.Brazil: Porto Alegre metro operator Trensurb has awarded CAF Brasil a R$79·7m contract to maintain its 25 four-car trainsets for […]
Big data has emerged as a big trend over the last several years, but as an area it has remained ill-defined and focused for the most part on data scientists, while ignoring business users. Adatao wants to change that by offering a solution that has something for both parties and a collaboration environment that lets them work together in one tool -and […]
Databricks, the commercial entity created by the developers of the open source Apache Spark project, announced $33M in Series B funding today and the launch of a new cloud product, their first one as a company.There is little doubt that big data is a big deal these days and companies are popping up to help customers process the data. Databricks […]
Can CIA Agent Jack Ryan Stop The Next Rogue Stock Market Algorithm?20June, 2014We have always been fans of those Harrison Ford movies adapted from the Tom Clancy novels where he plays CIA agent Jack Ryan. There is a new version of the series just out called “Jack Ryan: Shadow Recruit”. This time Jack Ryan is a young CIA financial analyst […]
It was just in April that Clari — a mobile-first sales tool that uses data science and predictive analytics to help sales people do their jobs — emerged from stealth with $6 million in backing from Sequoia. Today the company is announcing another funding milestone: a Series B round of $20 million.Andy Byrne, the company’s founder and CEO, says Clari plans to […]
Rockstar Games typically steers well clear of E3, but it did choose to make a big announcement to coincide with the event this year – the reveal of the much-anticipated next-gen version of Grand Theft Auto 5, coming to PlayStation 4, Xbox One and PC in the autumn. Clocking in at just over a minute, the trailer takes us through […]
