Latest in Funding Gaming Startups
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High cost of weight loss drugs drives employers to require nutrition counseling, in boost for startups
Startup Virta Health saw 60% revenue growth last year, topping $100 million, driven by demand for its employer weight loss management program.CNBC - Jan. 10 -
How Delivery Startup DroneUp May Survive the Loss of Walmart’s Business
After the retailing giant consolidates its aerial deliveries with two bigger specialists, DroneUp will need to pivot to working with smaller, local customers.Inc. - Jan. 10 -
Michael Sheen to fund new national theatre for Wales
The actor says he is putting everything behind starting Welsh National Theatre.BBC News - Jan. 10 -
These tips for investing in mutual funds and ETFs can guide your money decisions
Don’t miss these top money and investing features.MarketWatch - Jan. 10 -
Jamie Lee Curtis Offers $1 Million to Fund Wildfire Relief
Actor Jamie Lee Curtis offered the money to aid in battling the Palisades fire.Inc. - Jan. 9 -
Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - Jan. 9 -
UK charity that raised funds for Israeli soldier given warning
Regulator acts over complaints about fundraising activity as trustees fail to explain how IDF individual spent the donationFinancial Times - Jan. 9 -
Google and Microsoft donate $1m each to Trump’s inaugural fund
Tech giants follow footsteps of other major companies, including Amazon, Meta, OpenAI and Uber. Google and Microsoft have donated $1m each to Donald Trump ’s inauguration fund, following in ...The Guardian - Jan. 9 -
With TikTok’s Future Uncertain, Livestream Shopping Startups Are Making Moves
How TikTok Shop’s rivals are preparing to swoop up the e-commerce giant’s market share.Inc. - Jan. 9 -
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Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - Jan. 8 -
U.S. Funding Dispute With World Anti-Doping Agency Boils Over
After the Biden administration withheld funding to the agency, saying it had lost confidence in its ability to police elite athletes, WADA removed the United States from its board.The New York Times - Jan. 8 -
Taxpayer Advocate urges Congress to preserve IRS funding for service, technology
The National Taxpayer Advocate has urged Congress to preserve IRS funding for taxpayer service and technology amid Republican scrutiny.CNBC - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Bench’s Jilted Customers Say the Accounting Startup’s Problems Began Long Before Its Abrupt Shutdown
The tax startup’s recent collapse and subsequent acquisition by Employer.com has left customers unsure about where to turn.Inc. - Jan. 8 -
Active mutual funds struggle to beat large-cap stock benchmarks — again
Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S. large-cap equities, according to BofA Global Research.MarketWatch - Jan. 8 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7 -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - Jan. 7 -
How a Silicon Valley financial backer orchestrated a plot to take down a rising startup
Financial backer Denis Grosz thought he was going to generate big returns from his bet on a company called Toptal, until he got sued for his actions.CNBC - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
Hims & Hers donates $1 million to Trump's inauguration fund
OpenAI CEO Sam Altman and Meta both announced $1 million donations, and Amazon and Apple CEO Tim Cook have also reportedly contributed.CNBC - Jan. 7 -
Toyota is 'exploring rockets' with nearly $45 million investment in Japanese launch startup, chairman says
Toyota Motor is exploring the development and production of orbital rockets, Chair CEO Akio Toyoda said Monday.CNBC - Jan. 7 -
British AI startup with government ties is developing tech for military drones
Exclusive: Concerns raised over role of Faculty AI, which has worked with NHS and government safety body. A company that has worked closely with the UK government on artificial intelligence safety, ...The Guardian - Jan. 7 -
Trump backtracks from 'one big, beautiful bill' to fund his agenda
After nearly derailing a spending bill last month, Trump continues to shake up business on Capitol Hill, shifting positions on how Republicans should fund his policies.ABC News - Jan. 6 -
Nicolas Sarkozy goes on trial accused of receiving illegal funding from Gaddafi
Former French president alleged to have received millions of euros from Libyan dictator’s regime to fund campaign. Nicolas Sarkozy has gone on trial over allegations he received millions of euros ...The Guardian - Jan. 6 -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - Jan. 6 -
Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - Jan. 6 -
5 Ways This Startup Puts Values in Action
This AI company’s values help drive its booming biotech business.Inc. - Jan. 5 -
6 Rules for Startup Fundraising
Lessons learned from my startup’s most recent fundraising round.Inc. - Jan. 4 -
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Streeting to unveil extra funding for English hospitals that cut waiting times fastest
Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’Financial Times - Jan. 4 -
Venture Capitalist Sues Paypal Over Program for Minority Startups
An Asian-American fund manager accused the payments company of discrimination by ignoring her application under a $100 million initiative.The Wall Street Journal - Jan. 3 -
This Colorado Startup Is Challenging NASA in the Concorde 2.0 Race
Boom Supersonic is trying to build a quieter, 21st century supersonic jetliner.Inc. - Jan. 3 -
Helping boomers spend their retirement funds is harder than it sounds
Worries about running out of money makes people frugal and wary of taking any big pension decisionsFinancial Times - Jan. 3 -
Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024
The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.CNBC - Jan. 2 -
Hedge funds Citadel and Millennium gain 15% in 2024
Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industryFinancial Times - Jan. 2 -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - Jan. 1
