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Business Mag Search: Investment
SoftBank invests $500 million in digital mortgage lender Better.com
4 days ago - By CNBC
SoftBank has invested $500 million in digital mortgage lender Better.com, valuing the company at roughly $6 billion amid a pandemic-induced refinancing frenzy.
Read more ...Daily Crunch: KKR invests $500M into Box
4 days ago - By Tech Crunch
Box gets some financial ammunition against an activist investor, Samsung launches the Galaxy SmartTag+ and we look at the history of CryptoPunks. This is your Daily Crunch for April 8, 2021.
The big story: KKR invests $500M into Box
Private equity firm KKR is making an investment into Box that should help the cloud content management company buy back shares from activist investor Starboard Value, which might otherwise have claimed a majority of board seats and forced a sale.
After the investment, Aaron Levie will remain with Box as its CEO, but independent board member Bethany Mayer will...
Read more ...Box's new $500 million investment from KKR is a strong sign that it's not interested in selling itself after all
4 days ago - By Business Insider
Summary List Placement Box on Thursday announced a $500 million investment from private equity firm KKR , in a deal that seems to put an end to speculation that the $3.5 billion enterprise cloud storage company will sell itself - at least, for now.
Under the terms of the investment, which the company says will largely be used to finance share buybacks, KKR's John Park will join Box's board of directors. (Disclosure: KKR is a major shareholder in Axel Springer, Insider's parent company.)
Meanwhile, cofounder CEO Aaron Levie will step down as the board's chairman, to be replaced by...
Read more ...
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HOLD FAMILY A multiplayer network game for families
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The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
SØVN Modern sleep tracking study
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New Mexico becomes 16th state to legalize marijuana, a rebuttal to America's...
Summary List Placement Beginning this summer, New Mexicans 21 and older will be able to both possess and grow marijuana. The state on Monday became the latest to legalize the...
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Best Egg review: Low personal loan rates for borrowers with good credit scores
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HSBC bans clients from buying shares of MicroStrategy, which has become...
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Biden meets with bipartisan group on $2.3 trillion infrastructure plan...
Summary List Placement For the first time since unveiling his $2.3 trillion infrastructure package two weeks ago, President Joe Biden met with a bipartisan group of lawmakers...