Airbnb Raises $555 Million In New Funding Led By Google Capital
Airbnb has raised $555 million during a funding round, documents filed with the Securities and Exchange Commission (SEC) show. In August, rumors surfaced about the company filing official documents with the State of Delaware, which revealed Airbnb's aim to attract more late-stage capital. The Form D filed on Sept. 23 backs the story, but insiders familiar with the matter are pointing out that Airbnb is far from closing the round. According to sources, the company might push the ceiling to a fig..>> view originalMiami airport maintenance official charged in $5 million scheme
MIAMI (AP) – The director of terminal maintenance at Miami International Airport who was charged in a multimillion fraud case owned a Porsche, wore hand-tailored designer suits and rented sky boxes for concerts. Ivan Valdes, 46, started out cutting grass but was promoted in 2015 to a management job overseeing 100 people, where he is accused of hatching a scheme to skim $5 million from fraudulent light bulb purchases. He now faces a maximum 10-year prison sentence in a federal case and addition..>> view originalTwitter needs to sell now or risk becoming another Yahoo
Yahoo cofounder Jerry Yang, center, around the time of the Microsoft talks in 2008. REUTERS/Rick Wilking Twitter, which was once a darling of the tech industry and went public almost three years ago in an eye-popping IPO, appears to be up for sale. We've seen this story with an internet company before. In fact, the parallels between Twitter and Yahoo are rather striking: A rotating cast of CEOs and executives with little direction; a powerful platform once s..>> view originalBehold the GOP's Not-So-Secret Plan to Dismantle Government Services: Defund, Degrade and then Privatize
Photo Credit: Wikimedia Commons One side effect of the three-ring circus this presidential campaign has become is the distraction it provides so that other damaging agendas can be advanced with little or no attention. Take for example, the Republican Party’s long-standing efforts to dismantle America’s internationally modest, but still crucially important welfare state, which helps keep tens of millions of Americans out of poverty. Social Security and Medicare have both been top targets via..>> view originalPuerto Rico Power Utility Restores Service
SAN JUAN, Puerto Rico รข€” Electricity was restored to most of Puerto Rico by Saturday following a rare, island-wide blackout caused by a power plant fire, the territory's power utility said Saturday. Less than 20,000 clients remained without power in some parts of San Juan and other urban areas."We have been operating under normal conditions since 2:30 a.m.," said Puerto Rico Electric Power Authority Executive Director Javier Quintana, noting that 60 hours had passed since power was knocked ou..>> view originalGoldman Sachs to axe 30% of Asia investment bankers
You have viewed your allowance of free articles. If you wish to view more, click the button below.>> view originalFormer employees file class action against Wells Fargo
Two former Wells Fargo employees have filed a class action in California seeking $2.6 billion or more for workers who tried to meet aggressive sales quotas without engaging in fraud and were later demoted, forced to resign or fired. The lawsuit on behalf of people who worked for Wells Fargo in California over the past 10 years, including current employees, focuses on those who followed the rules and were penalized for not meeting sales quotas. "Wells Fargo fired or demoted employees wh..>> view original
Monday, November 7, 2016
Airbnb Raises $555 Million In New Funding Led By Google Capital and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment