Tag Archives: Fund

Investor and political activist Bill Browder (left) and Russian President Vladimir Putin (right)TOLGA AKMEN/AFP via Getty Images (left), Mikhail Svetlov/Getty Images (right) Bill Browder once ran Russia’s largest foreign investment fund — now he’s Putin’s “enemy.” In an interview with The New York Times, he said remaining in Russia is like doing “business in Nazi Germany.” He said all companies have a “moral obligation” to leave Russia, “no matter what the cost is.” Bill Browder — an… Source link

Market watchers were taken aback when Cathie Wood’s ​​flagship Ark Innovation fund fell 24% in 2021. This year, the widely popular ETF logged an even bigger loss in just the first quarter alone. According to financial analytics firm Morningstar, Ark Innovation (ARKK) was the worst performing U.S. equity fund in its universe of coverage during the first quarter of 2022. The exchange-traded fund registered a loss of 29.9% in the three months ended March 31, dragged down by a sell-off in… Source link

A few days ago, Sundar Pichai announced a $100 million Google Career Certificates fund. It’s got nothing to do with college education, and instead, focuses on giving up-and-coming data analytics, IT, project management, and UX design students the tactical tools needed to start their careers with a bang. It follows in a long line of similar efforts by coding bootcamps across the country and online educational portals like Udemy and Coursera.  To all of this I say: Thank goodness. Now, I’m… Source link

Tech giant Google announced a new $25 million initiative on Sunday that would fund skills development programs over the next five years for members of underrepresented communities in Israel to help give them a leg up into the country’s celebrated high-tech sector. These communities include ultra-Orthodox and Arab professionals, women and those who live outside Israel’s central areas, also called the geographic “periphery.” Google said it will announce a separate initiative for… Source link

Crypto investors have cashed out over $135 billion dollars from the asset class so far in 2022, according to Coinmarketcap market cap data, and bitcoin (BTC-USD) is down around 7% year-to-date and hovering around $43,000 as of Thursday at 10 AM ET. “There are no signs of a decisive reversal in sight,” Mikkel Morch, executive director at digital assets hedge fund Ark36, told Yahoo Finance when asked about the largest cryptocurrency’s recent price action relative to its drawdown over the past… Source link

The S&P 500 is showing its strength amid concerns over the Omicron variant of COVID-19 casting a shadow over markets, morale, and hospitals this holiday season. Despite the uncertainties caused by this latest chapter of the pandemic, the index’s large caps are doing much better than their smaller counterparts, hedge fund veteran Nicholas Colas pointed out on Monday in the DataTrek newsletter. The returns since Nov. 24, when the variant first was reported to the World Health Organization,… Source link

Internet giant Google announced today that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda. The undisclosed investment comes two months after Alphabet CEO Sundar Pichai announced the tech giant’s intentions to commit $1 billion over the next five years in “tech-led initiatives”, which includes a $50 million Africa Investment Fund targeted at early- and growth-stage startups on the continent. He made this known at the Google for Africa… Source link

Former NFL wide receiver Josh Bellamy was sentenced to 37 months in prison for a scheme that saw him illegally obtain more than $1.2 million in COVID-19 relief funds.  Bellamy, who last played for the New York Jets in 2019, pleaded guilty to conspiracy to commit wire fraud on June 9. A federal court in Tampa handed down his prison sentence on Friday and ordered him to pay $1,246,565 in restitution and the same amount in forfeiture for the fraudulently obtained funds, according to court… Source link

Getty images The former Google CEO and his wife, Wendy, announce the winners of their nearly year-long global competition to find and fund teenagers committed to changing the world. It’s just the beginning. Aryan Sharma is a promising 16-year-old in India. He’s already founded a couple small companies, one focused on education and another aimed at helping working-class Indians find jobs, but he has bigger ideas for ways to merge artificial intelligence and medicine. The… Source link

Cryptocurrency lending company BlockFi is partnering with investment manager Neuberger Berman to launch a series of crypto investment products, like exchange-traded funds (ETFs), which are taking the digital currency market by storm. Only weeks ago, BlockFi filed with the Securities and Exchange Commission to list its “BlockFi Bitcoin Strategy ETF,” which kicks off a 75-day regulatory approval process. As proposed, the fund will hold Bitcoin (BTC-USD) futures contracts, similar to ETFs… Source link