Foot Locker invests $100 million in GOAT Group

LakeArrowhead (#1) 350 days ago Business foot locker invests 100 million goat group All   Discuss  | Add To 
Foot Locker, the mostly mall-bound retailer of mass market sneakers, has invested $100 million in the sneaker marketplace and retailer of primarily rare and exclusive high-end athletic and lifestyle shoes, GOAT Group. The companies said that the investment would eventually lead to Foot Locker and Goat Group combining their efforts across their digital and physical […]

Sony venture arm invests in geocoding startup what3words

LakeArrowhead (#1) 372 days ago Business sony venture arm invests geocoding startup what3words All   Discuss  | Add To 
Sony’s venture capital arm has invested in what3words, the startup that has divided the entire world into 57 trillion 3-by-3 meter squares and assigned a three-word address to each one. Financial details were not disclosed. The startup’s novel addressing system isn’t the whole story. The ability to integrate what3words into voice assistants is what has […]

Y Combinator invests in non-invasive breast cancer screening bra EVA

LakeArrowhead (#1) 526 days ago Business combinator invests non-invasive breast cancer screening bra eva All   Discuss  | Add To 
According to a report by the American Cancer Society, an estimated 266,120 women will be newly diagnosed with breast cancer in the United States this year and (according to a 2016 estimate) can expect to pay between $60,000 and $134,000 on average for treatment and care. But, after hundreds of thousands of dollars and non-quantifiable emotional […]

GE invests $2 million in Alchemist Accelerator to back industrial IoT startups

LakeArrowhead (#1) 1032 days ago Business ge invests 2 million alchemist accelerator industrial iot startups All   Discuss  | Add To 
 Alchemist Accelerator has raised $2 million from GE Digital to start a new program for industrial IoT startups. Stanford lecturer Timothy Chou, formerly President of Oracle On Demand, will chair Alchemist’s new IIoT accelerator along with GE Digital’s West Coast group. In the past, enterprise hardware and software startups were seen as capital intensive, with the challenge of… Read More

NBCUniversal invests $500 million in Snap

LakeArrowhead (#1) 1057 days ago Business nbcuniversal invests 500 million snap All   Discuss  | Add To 
 NBCUniversal is now the only U.S. media company that has an official stake in Snap. Today, NBC Universal (which is a unit of Comcast) revealed that it invested $500 million in Snap as a strategic investment partnership during yesterday’s IPO.Snap shares popped 44 percent in the first day of trading.NBCUniversal has been pursuing digital media aggressively in the past year, including… Read More

Ford invests $1 billion in Pittsburgh-based Argo AI to build self-driving cars by 2021

LakeArrowhead (#1) 1071 days ago Business ford invests 1 billion pittsburgh-based argo ai build self-driving cars 2021 All   Discuss  | Add To 
 Ford has invested $1 billion in a joint venture with Argo AI, a Pittsburgh-based company with ties to Carnegie Mellon. The goal is to completely outfit Ford vehicles with self-driving technology. Interestingly this isn’t a case of a large company simply hiring talent but the creation of an entirely separate company with an independent equity structure.Ford is the “majority… Read More

Bumble invests in gay dating app Chappy

LakeArrowhead (#1) 1137 days ago Business bumble invests gay dating app chappy All   Discuss  | Add To 
 Bumble, the dating app that puts women in the driver’s seat, has today announced that it is leading a seed round investment in gay dating app Chappy. The company is not disclosing the details of the investment, but they did say that Bumble is the sole investor in the round and will take an equity stake. In exchange, Bumble will be offering product development and marketing support. Chappy… Read More

Volkswagen invests $300 million in Uber competitor Gett

LakeArrowhead (#1) 1341 days ago Money volkswagen invests 300 million uber competitor gett All   Discuss  | Add To 
Read full story for latest details.

GoPro surges after Red Bull invests in it

LakeArrowhead (#1) 1341 days ago Money gopro surges red bull invests All   Discuss  | Add To 
Good news for all you Tony Hawk wannabees with a camera strapped to your head and an energy drink in one hand while you skateboard down the half pipe. GoPro just entered into a partnership with Red Bull.

Apple Invests $1 Billion In Chinese Ride-Hailing Company Didi Chuxing

LakeArrowhead (#1) 1352 days ago World News apple invests 1 billion chinese ride-hailing company didi chuxing All   Discuss  | Add To 
Apple is investing $1 billion in Chinese ride-hailing service Didi Chuxing. Apple Chief Executive Tim Cook says the move will help the company gain a better understanding of the Chinese market. In China, Didi already leads Uber, so this investment sets the stage for a big competitive battle between Apple and Uber.

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