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Buzzfeed raises $50 million funding round – Investment Round Up

Series A Plated, a meal-kit provider, has raised $15 million in Series A funding in a round led by Greycroft Partners. Formation 8, ff Venture Capital, Lerer Ventures, Great Oaks Venture Capital,…

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Social media giants enjoy encouraging quarter

The last quarter saw strong results nearly across the board in the social media sector. Even Snapchat, neither public nor two years old, was able to latch on to the positive momentum,…

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Doctor on Demand raises $21m – Investment Round Up

Series A Doctor on Demand, a virtual doctor service, has raised $21 million in a Series A round led by Venrock. Shasta Ventures and angel investor Sir Richard Branson also participated. The…

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Scytl raises additional $44m – Investment Round Up

Series A Haha Pinche, a car sharing app based in China, has raised $10 million in Series A funding, in a round led by Sequoia Capital. Innovation Works also participated in the…

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IPO+M&A Watch: Mobileye, Synchrony, Apple

IPO This week’s activity in the public markets was headlined by the stock market debut of Synchrony Financial, GE’s consumer finance arm divested as a separate, public entity. Synchrony finances private label…

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Kabam raises $120m in funding from Alibaba – Investment Round Up

Seed funding Resy, a restaurant reservations app, has raised a $2 million seed round led by Vayner/RSE and Lerer Ventures. Panarea Capital, A-Grade Holdings, Slow Ventures and Ken Austin also participated. The…

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Samsung suffers third straight quarter of declining profits

Samsung has posted a 20% drop in net profit in its latest earnings report. The South Korean company also announced the worst performance by its smartphone business since the second quarter of…

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Sony’s surprise Q2 profits belie poor annual figures

Sony Corp posted surprise second-quarter profits today, despite warning of big year-end losses. Net income for the three months ending June was $260.82 million, compared to $30.1 million for the same quarter…

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Epic Sciences raises $30m Series C – Investment Round Up

Seed funding San Francisco-based gaming studio JuiceBox Games has raised a $2.5 million seed funding round led by Initial Capital. General Catalyst, Index Ventures and Maveron also participated. JuiceBox produces free-to-play mobile…

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Twitter stock soars as World Cup boosts user figures

Twitter’s stock soared after the company posted better than expected earnings and user growth in its quarterly report. Shares in the social media company jumped as much as 35% in after-hours trading…

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