(Bloomberg) — MicroStrategy Inc. boosted the size of a junk-bond sale to fund the purchase of more Bitcoin, selling $500 million of notes on Tuesday that were the first of their kind in the high-yield market. The company received about $1.6 billion in orders for the offering, including interest from a large number of hedge funds, according to people with knowledge of the marketing process, who asked not to be identified discussing a private transaction. The strong interest comes amid a… Source link
Read More »Google Pays $270 Million to Settle Antitrust Charges in France
LONDON — Google agreed to pay roughly $270 million in fines and change some of its business practices as part of a settlement announced on Monday with French antitrust regulators who had accused the company of abusing its dominance of the online advertising market. The agreement was one of the first times an antitrust regulator had taken direct aim at Google’s online advertising infrastructure, a platform that scores of websites worldwide rely on to sell ads. The fine is a pittance… Source link
Read More »Google fined $270 million in France for unfair advertising practices
The penalty comes as the tech giant faces multiple US suits over anti-competitive behavior and could lead to similar agreements with officials elsewhere. Facebook (FB), the other dominant player in digital advertising, is being investigated separately by EU regulators over claims that its use of data gives it an unfair advantage in the business. In a statement on Monday, France’s competition authority said it had fined Google (GOOGL) “for abusing its dominant position” in the market for… Source link
Read More »Google Pays $270 Million to Settle Antitrust Charges in France
Google has agreed to pay roughly $270 million in fines and change some business practices as part of a settlement announced on Monday with French antitrust regulators who had accused the company of abusing its dominance of the online advertising market. The French competition authority said the agreement was the first time an antitrust regulator had taken direct aim at Google’s online advertising infrastructure, a platform that scores of websites worldwide rely on to sell ads. The… Source link
Read More »Meet 30 Black Founded Startups Selected By Google For Their New $2 Million (£1.5 Million) Black Founders Fund
– Courtesy of Google Europe Yesterday, Google for Startups announced the 30 tech businesses receiving grants from its $2million (approximately £1.5million) Black Founders Fund for Black-led tech startups across Europe. With less than 0.25% of venture capital (VC) funding going to Black-led startups in the U.K., and only 38 Black founders receiving venture capital funding in the last 10 years, Google for Startups is helping to level the playing field by helping Black founders… Source link
Read More »A group of fishermen netted a $1.5 million whale-vomit windfall after dredging up a 280-pound hunk of the stuff
A 35-man fishing crew in Yemen netted themselves a hunk of whale vomit worth $1.5 million. Ambergris, known as “floating gold,” is a rare substance found only in the bellies of sperm whales. The fishermen sold off the 280-pound hunk of ambergris and bought new houses, cars, and boats. Visit Insider’s homepage for more stories. A 35-man fishing crew working off Yemen netted the find of a lifetime when they hauled in about $1.5 million worth of whale vomit. Whale vomit is also known as ambergris… Source link
Read More »A group of fishermen netted a $1.5 million whale-vomit windfall after dredging up a 280-pound hunk of the stuff
A 35-man fishing crew in Yemen netted themselves a hunk of whale vomit worth $1.5 million. Ambergris, known as “floating gold,” is a rare substance found only in the bellies of sperm whales. The fishermen sold off the 280-pound hunk of ambergris and bought new houses, cars, and boats. Visit Insider’s homepage for more stories. A 35-man fishing crew working off Yemen netted the find of a lifetime when they hauled in about $1.5 million worth of whale vomit. Whale vomit is also known as ambergris… Source link
Read More »Today in European Tech: Northvolt is reportedly raising €2.2 billion, Doktor.se scores €50 million, Yandex buys KupiVIP, and more
Hello! Here’s what happened today in European Tech. Deals – Israeli ad-tech company Tremor has filed for an IPO on Nasdaq, after its share price has risen by almost 500% on the London Stock Exchange over the past year to a market cap of about £1.1 billion. – Planet, a Galway-based fintech company, has secured investment from Advent International, a private equity firm. Existing shareholder Eurazeo has sold a portion of its stake to Advent. The deal, according to Eurazeo,
Read More »Swedish Brothers Ride Oat Milk Boom to $562 Million Fortune
(Bloomberg) — It began with a group of scientists and a wild idea: That the byproduct remaining after making oat bran could be turned into non-dairy milk. That idea became the foundation of Oatly Group AB, the Swedish oat milk company that debuted Thursday in New York after raising $1.4 billion in an initial public offering. The share sale cements the fortunes of one of the scientists, Rickard Oste, and his brother Bjorn Oste, who co-founded the Malmo-based company. The American depositary… Source link
Read More »Google Canada Commits $2 Million to Reskill Job Seekers for New Careers in Technology in Under Six Months
Support includes three-year Google.org grant to NPower Canada, distributing 5,000 Google Career Certificate scholarships to underserved communities and providing funding to four Canadian nonprofits to support job training programs TORONTO, May 17, 2021 /CNW/ – Today Google Canada announced a $2 million commitment in digital skills to train job seekers in Canada for new careers in technology in under six months. The support includes a three-year Google.org grant to NPower Canada to deliver Source link
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