The S&P 500 is an index of some of the leading companies in the United States. The S&P 500 doesn’t push extremely high in one area as its supposed to show a cross section of America. Here is the breakdown…
Blackstone Group is looking to raise $5 billion for its second Asian fund. Blackstone is seeing huge potential in Asia and really wants to invest heavily and faster than ever before. Around 66% of their first fund $2.3 billion has…
SellerX is a startup from Berlin that focuses on acquiring top Amazon sellers. SellerX has just raised $118 million led by Cherry Ventures, Felix Capital, TriplePoint Capital, participation from Village Global, et al. It seems like buying Amazon based businesses…
Shutterstock has acquired AI driven Amper Music. Amper Music claims to have over 1 million individual audio samples in its catalogue. It seems like Shutterstock wants to be able to create endless AI driven music and be able to monetize that…
RouteNote has started offering Free Music Distribution to TikTok and Resso. RouteNote was one of the first music distributors to partner with TikTok and Resso globally and they can provide full access into the platform for no upfront fees and…
It was confirmed that Spotify is buying Megaphone for $235 million. Megaphone is a podcasting hosting and advertising company – it’s easy to see how this fits into Spotify’s plans for world domination in the podcast market, but it will…
Amuse announced the other day that they were expanding their Fast Forward program – which allows artists to have an advance on their royalties of between $250 and $300,000 (MA). However, all these “news outlets” forgot to mention that Amuse…
Google seems to think the future of work lies in between the office and working remotely. Google CEO Sundar Pichai stated that Google were currently making changes to its physical spaces to better support employees in the future. He didn’t…
Amuse.io is a new music upstart that has been getting a lot of press of late. Amuse.io has just released their official 2019 financials and it’s very interesting reading. Revenues = $9.5 million USD Profit / Loss = $10.9 million…
Tesla shares have finished the day at 21.06% down. This is the biggest single day share decline for the company in its history. Why this matters: Tesla is a company going after a big dream. However, it also seems to…
Warren Buffett’s views on Jeff Bezos and how he has changed the world. Why this matters: Warren Buffett for a long time has been watching Jeff Bezos and commenting on how amazing the run of Amazon has been. It would…
Uber and Yandex will be spinning off their self-driving car subsidiary into its own entity – MLU BV. MLU BV will have $150 million in new capital from Yandex, including $100 million in equity and $50 million as a convertible…