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
Autodesk this week agreed to buy construction software company PlanGrid for $875 million. The San Francisco-based start-up previously raised $69 million in funding from investors including YCombinator, Sequoia Capital and Tenaya Capital. PlanGrid enables real-time construction tracking for contractors and and architects. Autodesk "makes software for people who make things."
Beijing-based robotics company Geek+ completed a $150 million Series B round from backers including Warburg Pincus, Volcanics Venture and Vertex Ventures. The company develops artificial intelligence and robotics technology for supply chain and warehouse applications.
Agora.io, announced $70 million in Series C financing, led by Coatue Management and with participation from SIG, Morningside and Shunwei Capital. The start-up has raised $125 million to date. Agora offers a platform for developers to embed real-time voice, video and interactive live broadcasting into a website or mobile app.
AEye, a maker of laser sensing systems for autonomous driving applications, closed $40 million in Series B funding, led by Taiwania Capital. Kleiner Perkins, Intel Capital and Airbus Ventures also participated in the round.
Bain Capital led a $32 million Series C round in Wonolo, an on-demand staffing platform for businesses. Sequoia Capital and others also participated in the round, which brings total funding for Wonolo to $60 million.
European e-scooter start-up VOI raised $50 million in a Series A round led by Balderton Capital. VOI launched in August and has since expanded beyond Scandinavia to operate in Spain. The company counts Amazon CEO of Worldwide Consumer Jeff Wilkes and Zillow CEO Spencer Rascoff among its angel investors.
PlayVS, a start-up working to get esport competition into high schools, raised $30.5 million in Series B financing, led by Elysian Park Ventures, the venture arm of the L.A. Dodgers. The company has raised $46 million in total financing from backers including NEA, Science Inc, and Crosscut Ventures.
Fintech firm Plastiq raised $27 million in Series C financing, led by Kleiner Perkins and with participation from DST Global. The start-up aims to make any expense payable by credit card. It partners with major credit card companies and has signed up more than 1 million users.
Botkeeper, a Boston-based automated bookkeeping firm, closed $18 million in Series A financing, led by Greycroft. Gradient Ventures, Google's AI-focused venture fund, Ignition Partners and Halfcourt Ventures also participated in the round. The investment brings Botkeeper's total funding to $22.5 million.
The Bill and Melinda Gates Foundation Strategic Investment Fund participated in a $8 million Series B financing for CropIn Technology Solutions. The start-up uses artificial intelligence and cloud computing to optimize crop yield for farmers in India.
Hardwick, Vt.-based Green Mountain CBD, soon to be rebranded as SunSoil, announced $7 million in new funding from Raleigh-based One Better Ventures. The company grows organic hemp and makes cannabis products.
Jiobit, a start-up that makes location trackers for parents and pet-owners, raised $6.5 million in fresh capital. The Jiobit device is about the size of two quarters, and can be slipped into a kid's backpack, pocket, or clipped to their shoe or sleeve. It uses a combination of WiFi, cellular networks, GPS and Bluetooth for real-time tracking and monitoring of parent-designated "safe zones." The company has raised $11 million to date.