Latest in Investment Fund’s Desert
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Magic Leap founder is back with $20M funding round for SynthBee
SynthBee, started by Magic Leap founder Rony Abovitz, has raised $20 million in funding to create a new kind of "computing intelligence."Tech - VentureBeat - October 16 -
Federal Government Approves $1.8 Billion in Hurricane Recovery Funds
After two major storms, the Biden administration has set nearly $2 billion in hurricane recovery funds.Business - Inc. - October 16 -
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UK investors seize advantage and feast on bargain passive funds
Analysts suggest kickbacks might explain how, in contrast, 89% of flows to Luxembourg funds went to active vehiclesBusiness - Financial Times - October 17 -
Daffy Charitable Fund launches novel private stock donations for workplaces
Daffy.org, a modern platform for charitable giving, has launched its groundbreaking Private Stock Donation Program to benefit charities.Tech - VentureBeat - October 17 -
New calls for Congress to return from recess for hurricane relief funding
There is a new wave of calls for Congress to come back from recess and approve a new round of hurricane relief funding with the Small Business Administration out of money for new disaster relief ...Top stories - CBS News - October 17 -
Senate Republicans raise questions after funds for disaster loans exhausted
A group of GOP senators are pressing the Small Business Administration (SBA) for answers after officials said its disaster loan program exhausted its funds earlier this week in the aftermath of a ...Politics - The Hill - October 18 -
These two crypto funds will likely do better if Trump wins. Here’s why.
Grayscale Investments’ Digital Large Cap Fund and Bitwise Asset Management’s Bitwise 10 Crypto Index Fund could provide attractive opportunities to bet on Donald Trump’s victory in next month’s ...Business - MarketWatch - October 18 -
Biden administration announces $2 billion in funds to strengthen electric grid
The Biden administration on Friday announced $2 billion in funding for projects to strengthen the resilience of the U.S. grid against extreme weather, an increasing concern following two ...Politics - The Hill - October 18 -
Game studios are getting candid about funding problems | Kaser Focus
Surgent Studios is not the only studio to publicly admit to having trouble securing funding. Rachel Kaser recognizes the honesty.Tech - VentureBeat - October 19 -
Perplexity AI seeks valuation of about $9 billion in new funding round
Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.Business - CNBC - October 21 -
Harris Sets Record for Biggest Fund-Raising Quarter Ever
Donald Trump is raising less money than he did during his run in 2020, building a far smaller campaign than Kamala Harris.Top stories - The New York Times - October 21 -
Funding cuts could mean death of Sámi languages, say Indigenous parliaments
Sweden and Finland plan to withdraw funding to safeguard nine languages defined as threatened by Unesco. The Indigenous parliaments of Sweden, Finland and Norway have warned that some Sámi ...World - The Guardian - October 21 -
KKM Financial's Essential 40 stock fund is now an ETF
Many asset managers have been converting their mutual funds to ETFs in recent years, due in part to a 2019 SEC rule change.Business - CNBC - October 21 -
UK to boost Ukraine funding using £2bn from Russian assets
The funds are the UK's contribution to a $50bn (£38bn) loan package announced back in June.Top stories - BBC News - October 22 -
Japanese property group Tokyo Tatemono targeted by UK activist fund
Stakebuilding by Palliser Capital follows Elliott Management's move on sector peer Mitsui FudosanWorld - Financial Times - October 22 -
Here's when exchange-traded funds really flex their ‘tax magic’ for investors
Exchange-traded funds can reduce investors' tax bills. But those tax savings benefit certain types of investors more than others.Business - CNBC - October 22
