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Artificial Intelligence Company SoundHound Announces SPAC Merger: What Investors Should Know
Tuesday, November 16, 2021 - 6:25pm | 906Read More...A leading artificial intelligence company announced a SPAC merger to go public. The SPAC Deal: SoundHound announced a SPAC merger with Archimedes Tech SPAC Partners Co (NASDAQ: ATSPT) valuing the company at a pro-forma enterprise value of $2.1 billion. A PIPE of $111 million includes investments by...
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Intel-Backed Lidar Company AEye In SPAC Talks: Report
Thursday, January 14, 2021 - 5:45pm | 346Read More...Lidar has been one of the hottest sectors in the SPAC market over the last year, with several startups choosing this route to go public. What Happened: AEye is in talks to go public with CF Finance Acquisition III (NASDAQ: CFAC), according to Bloomberg. The company is backed by Continental AG,...
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How This Investor Passed On 100,000% Returns
Thursday, July 25, 2019 - 8:27am | 1097Read More...Imagine deciding to sit out on an investment that ended up yielding 100,000% returns. Those five zeros are not typos, and that scenario is no hypothetical: just ask John Doerr, the chairman of the venture capital firm Kleiner Perkins. Doerr has made many strong investments in his career, including...
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Tech CEOs Descend On The White House: Who Won't Be There?
Monday, June 19, 2017 - 12:20pm | 1136Read More...President Donald Trump’s newly-formed American Technology Council will meet Monday for the first time. Its members will dive straight into a broad range of issues, meant to develop new best practices for government regarding its use of information technology. The council’s agenda...
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Internet Boom Times Are Over, Says Mary Meeker
Thursday, June 2, 2016 - 3:21pm | 269Read More...Mary Meeker of Kleiner Perkins Caufield & Byers released her annual Internet Trends report which paints a gloom picture on the industry tech. Meeker presented a 213-page slide show on Wednesday during a presentation at the Code Conference. Bloomberg covered the presentation and noted that...
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What Happened At TechCrunch Disrupt (Translated For Investors)
Thursday, September 24, 2015 - 12:12pm | 787Read More...Neil Doshi of Mizuho Securities attended the TechCrunch Disrupt 2015 conference. Highlights include: Facebook Inc (NASDAQ: FB) "firing on many cylinders," Fitbit Inc (NYSE: FIT)'s CEO defended his business, Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s Alphabet viewed...
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Is Google About To Up The 'Smart Home' Ante By Acquiring Dropcam?
Tuesday, May 27, 2014 - 1:06pm | 691Read More...With Apple (NASDAQ: AAPL) apparently set to unveil its ‘smart home’ software platform, Google’s (NASDAQ: GOOG)(NASDAQ: GOOGL) Nest division may be considering a move into home security of its own, according to The Information. Google sources told the website that the company was considering...
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Analysts React To Google's Acquisition Of Nest Labs
Tuesday, January 14, 2014 - 5:41pm | 706Read More...On Tuesday morning, Google (NASDAQ: GOOG) announced that it plans to buy Nest Labs for $3.2 billion. Nest Labs offers apps for iPhone and Android that allows users to adjust their thermostat and check their smoke detectors. Nest Labs was co-founded in 2010 by a small group of former Apple (NASDAQ...
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America's Top VCs Think These 54 Companies Are the Next Big Thing
Saturday, April 20, 2013 - 1:54pm | 159Read More...Looking for a hot new phone app? Seeking to invest in the next Facebook (NASDAQ: FB)? Or just curious about the trends in Silicon Valley? Whatever your heart may desire, Benzinga has you covered. Using VentureBeat's list of top 20 venture capital firms in 2012, we combed through the recent...
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Klout Receives $8.5 Million In New Funding
Monday, January 10, 2011 - 11:11am | 214Read More...Klout, a site that identifies influencers on topics across the social web, has received $8.5 million in new funding from Kleiner Perkins and sFund, an initiative that aims to invest in entrepreneurs who invent social applications and services. Bing Gordon, a venture partner at Kleiner Perkins, will...
