Former Vice President Al Gore’s investment firm is making a big bet on one of the creators of Facebook. Asana, a software company headed by Facebook co-founder Dustin Moskovitz, said on Tuesday that it raised $75 million in a financing round led by Generation Investment Management. Generation, which Gore co-founded in 2004, invests globally and […]
Read moreBritain is seeking a free trade agreement with China, Prime Minister Theresa May said on Wednesday as she flew to the country for talks with Chinese leaders, adding that more should be done immediately to open up market access for British firms. The ambitious long-term goal of securing a free trade deal with the world’s […]
Read moreChina reported on Wednesday that factory activity expanded less than expected in January, with the official manufacturing Purchasing Managers’ Index coming in at 51.3. The Chinese manufacturing PMI was forecast to dip to 51.5 in January from 51.6 in December, according to a poll of economists by Reuters. A reading above 50 indicates expansion, while […]
Read moreWebpass, the wireless home broadband company that Google Fiber acquired in 2016, is exiting the Boston market. The Verge received a reader tip on the situation and a quick look around revealed that Boston is no longer listed as a current Webpass market on the company’s website. (It still appeared as recently as December.) Reached […]
Read moreSamsung Electronics on Wednesday said it recorded an operating profit of about 15.2 trillion Korean won ($14.15 billion) for the quarter ending in December, which was in line with guidance. That was a 64.3 percent jump from a year earlier. The firm’s fourth-quarter revenue came in at about 66 trillion won, a 23.7 percent on-year […]
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