Theranos has secured $100 million in debt financing. Yes, someone gave the blood testing company known for handing out questionable test results money. First reported by Business Insider, the company reportedly told investors it had secured the money from Fortress Investment Group, a New York-based private equity firm that was acquired by Softbank earlier this year. […]
While VCs vie to fund massively scalable businesses, they tend to view their own industry as size-constrained. Common wisdom is that with a limited supply of successful startups, greatly inflating the amount of available capital to invest in them leads to asset bubbles. This year, SoftBank’s Vision fund has been putting that assumption to an unprecedented […]
Questions are being asked about platform power. Regulatory rules and knives are being sharpened. Politicians are eager to point the finger of blame. And with so much tech-fueled ammunition, who can blame them? Read More Source: New feed
Welcome back to CTRL+T, TechCrunch’s latest weekly podcast in which Megan Rose Dickey and I pick the stories we thought were interesting enough to talk to you about. This week we wondered if cell phones can adversely affect your health (or kill you), the goggles of Magic Leap and the problem Twitter has with the […]
Scaleworks, a private equity firm based in San Antonio, Texas, apparently couldn’t wait until after the holidays to share the news of its latest purchase. The firm announced it was acquiring Keen IO in a Medium blog post yesterday. Terms of the deal were not disclosed, and neither company was available for comment beyond the blog […]