by admin | Apr 7, 2020 | News
Securitization is a critical function of the modern financial system. Banks “package” individual loans, say a mortgage or an auto loan, into a group with similar characteristics and sell them to other investors. That gets the debt off the originator’s balance sheet so...
by admin | Apr 7, 2020 | News
Quibi, the oddly-named mobile streaming service founded by Jeffrey Katzenberg, was downloaded over 300,000 times on launch day, according to preliminary data from app store intelligence firm Sensor Tower. That’s only 7.5% of the approximately 4 million installs...
by admin | Apr 7, 2020 | News
Spot & Tango, the D2C pet food brand, has today announced the launch of a new line of pet food called UnKibble. Alongside the announcement of the launch, the company has also closed on a $4.2 million seed funding round led by Guild Capital. Spot & Tango...
by admin | Apr 7, 2020 | News
Shipt shoppers, which began organizing in February, are staging their first action today. Yesterday, a group of Shipt shoppers, who shop and deliver orders from Target and other stores, announced their plans to walk off today. The walk-off is in protest of the way...
by admin | Apr 7, 2020 | News
Last year, The Information reported that CNN was working on a new digital news service to compete with the likes of Apple and Facebook. Today, some of those plans are taking shape. The Turner-owned news broadcaster has acquired Canopy, an all-purpose content...
by admin | Apr 7, 2020 | News
The decade-old New Media Ventures investment fund, which backs startup businesses and non-profits developing technologies to improve access to government, said it is raising a “Crisis Innovation Fund” aiming to provide matching grants for startups advancing democracy...