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Adevinta acquires eBay’s Classifieds business unit in $9.2B deal

Consolidation continues apace in the world of e-commerce, and today it was the turn of the classified ads market. Today, eBay announced that it...

Memo Bank unveils its business bank, credit license and $22.5 million...

Memo Bank wasn’t always called Memo Bank. It originally started as Margo Bank and it has been flying under the radar for a few...

Imaging startup Light is exiting the smartphone business

Light’s push into smartphones was an inevitability. Sure, the startup turned heads with its pricey L16 camera, but these days mobile photography is almost...

Skyflow raises $7.5M to build its privacy API business

Skyflow, a Mountain View-based privacy API company, announced this morning that it has closed a $ 7.5 million round of capital it describes...

Atlanta’s SingleOps raises $6M for its outdoor-care-focused software business

Today SingleOps, an Atlanta-based software startup, announced that it has raised $ 6 million in new capital. The startup’s service is built to support...

Coronavirus latest: UK business lobby urges government to ease lending terms...

THE Confederation of British Industry has concluded that Britain's government needs to relax lending terms for government-backed loans to smaller businesses to prevent them...

Business banking fintech Penta raises another €18.5M

Penta, the Berlin-based business banking challenger that also now operates in Italy, has raised €18.5 million, described as the first closing of a new funding round....

Uber sold its food delivery business in India to Zomato for...

Uber sold its food delivery business in India to the local rival Zomato for $ 206 million, the American ride-hailing company disclosed...

Spaceflight Industries to sell its satellite rideshare launch business to Japan’s...

Spaceflight Industries, owner of both Spaceflight, Inc. and BlackSky, is selling the Spaceflight, Inc. portion of its business to Japanese industrial megacorporation Mitsui...

SpaceX ‘likely to spin out’ and pursue an IPO for Starlink...

SpaceX looks likely to take its burgeoning Starlink business and spin it out, seeking to bring that satellite internet project to public markets...
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