There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Agricultureread more
A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
The president also said he "offered to personally vouch" for Rocky's bail. Sweden, however, does not have a bail system.Politicsread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
CoinShares Chief Strategy Officer Meltem Demirors discusses Facebook's Libra project and its impact on the cryptocurrency market after testifying to the House Financial...Fast Moneyread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.Politicsread more
Here's a roundup of the most important deals in venture capital this week.
Gogoro raised $300 million in a series C round led by Temasek Holdings and joined by Al Gore's Generation Investment Management group, Sumitomo and others. Gogoro makes electric scooters and battery-swapping kiosks where users can charge or swap them out.
SoftBank poured $250 million into Slack, the workplace collaboration platform that competes with Microsoft-owned Yammer and Facebook's Workplace. The deal valued Slack at $5.1 billion.
Patreon, a crowdfunding platform, raised $60 million, TechCrunch reported. Other crowdfunding sites, including Kickstarter or GoFundMe, let users raise money for a project or a cause. Instead, Patreon helps creatives raise money from subscribers for products that are ongoing, such as la podcast or a webcomic.
Chinese Autonomous driving firm JingChi raised $30 million in angel funding, China Money Network reported, and has targeted a Series A round of $100 million. The company's founder, Wang Jin, was formerly the general manager of Baidu's autonomous driving unit.
Food-tech start-up MealPal raised $20 million in a series B round of funding led by Menlo Ventures. The company's customers can order and carry out meals from restaurants for just $6.
C2Sense raised $3.2 million for its "digital nose" that detects gas compounds. Among other things, its technology can alert food makers when ingredients are about to go bad, or construction workers when toxic gases are in the air.
On Thursday, Chinese search engine Baidu announced a $1.5 billion fund to invest in autonomous vehicle-related projects, including tech start-ups. Baidu's Apollo platform aims to become the "Android of the auto industry," it said in a press statement.
The Hong Kong government created a USD $256 million fund (the Innovation and Technology Venture Fund) to co-invest alongside other venture firms that agree to back local tech start-ups there.
The Engine, a venture firm founded at MIT, announced that its debut fund has expanded to a total of $200 million. The firm also disclosed a batch of start-ups that it has invested in, all working on "tough tech," or advanced tech and science.
ProductHunt founder Ryan Hoover on Thursday officially launched a $3 million fund, dubbed the Weekend Fund, to back very-early-stage tech companies. ProductHunt, now owned by AngelList, helps start-ups stir up a buzz about their newest products, and has attracted some famous users.