Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
Walmart announced its acquisition of plus-sized online retailer, Eloquii, on Tuesday. The companies did not disclose terms of the deal, but a person familiar with the purchase told CNBC it valued Eloquii at roughly $100 million. Eloquii had raised $21 million as of its Series B round in April, from backers including Greycroft Partners, Daher Capital and Female Founders Fund.
Enterprise search company Elastic raised $252 million in its IPO, and the stock soared in its market debut on Friday. The company, founded in 2012, commercializes open-source software for search and data analytics and competes with companies like Alphabet, Splunk and Amazon. Benchmark, Index Ventures and New Enterprise Associates are some of its largest backers.
Upwork, an online marketplace connecting freelancers with clients, made its stock market debut Wednesday. The company raised $187 million at a market capitalization of close to $1.5 billion. Upwork, founded in 2014 when Elance and oDesk merged, reported a net loss of $7.2 million on revenue of $107.4 million for the six months ended June 30. Upwork's backers include Benchmark, Sigma Partners and FirstMark.
Cybersecurity company Tanium is now worth $6.5 billion after a $200 million funding round. The financing round was led by Wellington Management, Baillie Gifford and Adage Capital. The enterprise security firm counts the U.S. armed forces among its clients, and venture firms Andreessen Horowitz and Citi Ventures among its backers.
Online hiring platform ZipRecruiter announced $156 million in new funding on Thursday. The Series B financing was co-led by Wellington Management and IVP. The company, launched in 2010, leverages artificial intelligence to connect hiring managers with qualified candidates. ZipRecruiter has raised $219 million in total funding and grown its workforce to nearly 1,000 in the past four years.
Canadian travel booking app Hopper picked up $100 million in new funding this week. OMERS Ventures led the Series D round. Hopper predicts future prices for flights and accommodations to save travelers money and help plan "the perfect trip." The start-up has raised $184 million to date.
Foursquare, a mobile app and enterprise location platform, raised $33 million in Series F funding. Simon Ventures, Naver Corp. and Union Square Ventures led the financing round. Tech companies like Uber, Apple and Snap utilize Foursquare's location offerings. Foursquare has raised about $240 million to date.
SoftBank Group International led a $35 million investment round in HEED, an AI platform that partners with sports clubs and leagues to identify the most exciting points in a game and connect with fans.
Virtual reality employee training company STRIVR raised $16 million in financing, led by GreatPoint Ventures. The company recently partnered with Walmart to train employees using Oculus Go VR headsets. Ray Lane, a managing partner at GreatPoint, will join STRIVR's board of directors. The start-up has raised $21 million to date, according to Crunchbase.
Agricultural biotech and cannabis company Front Range Biosciences raised $10 million in Series A funding, led by Phyto Partners and Salveo Capital. The start-up uses modern agricultural techniques to grow disease-free cannabis crops in Colorado, California and Canada.
Sequoia Capital led a $9.5 million Series A round in automated translation platform Lilt. The start-up combines translation experts with machine learning to create language translations. Sequoia's Bill Coughran will join the company's board.
Dutch lab meat start-up, Meatable, raised $3.5 million in seed funding in a round led by BlueYard Capital. The company harvests animal cells to grow meat in a lab, avoiding slaughter and saving resources.
Benchmark, the venture firm that bet early on Uber, Snap, Stitch Fix and numerous software companies that have gone public of late, is raising its latest fund without two of its key partners. The firm is seeking to raise $425 million for its ninth fund, according to an SEC filing on Monday. The fund won't include Mitch Lasky, who led the firm's investment in Snap, or Matt Cohler, who was an early employee at both LinkedIn and Facebook before turning to venture capital.
—CNBC's Matt Belvedere, Waverly Colville, Lauren Hirsch, Ari Levy, Jordan Novet and Lauren Thomas contributed to this report.