Robinhood Markets, a financial services firm that has won a following among millennials by offering free stock trades, is nearing the close of a funding round from existing investors at a valuation of between $7 billion and $8 billion, according to a person with direct knowledge of its plans.

That near term effort could be a prelude to a much bigger round of funding it has discussed with a ...

Cable channels have long been the cash machine for the entertainment industry thanks to a quirk in their business model. Cable and satellite TV firms pay channels fees for each subscriber who has the channels available in their service package, regardless of whether anyone watches the channels. AT&T, owner of DirecTV, is trying to change that—with far-reaching implications for the TV ...

Endeavor, the talent agency turned entertainment conglomerate, filed to go public on Thursday, pulling back the curtain on a company that has taken on heavy debts in recent years to diversify into a variety of sports and content businesses.

The IPO filing revealed that Endeavor’s revenue rose 20% to $3.6 billion last year, while its operating loss nearly doubled to $107 million. But the ...

Early-stage venture capital can be a bloodbath. New funds are created by the month, all fighting for deals. But in this crowded landscape, Human Ventures in New York is an investor to watch.

The nearly 4-year-old fund and startup studio, founded by investor Heather Hartnett and entrepreneur and media executive Joe Marchese, has attracted a cohort of powerful investors, including former 21st ...

Last year, a Chinese startup that makes ultra-thin blankets to keep shipments of food and drink cold got a big break: Walmart decided to use the blankets in its 30 e-commerce depots in China. The startup got the lucrative deal through a special Walmart program, known as Omega 8, which recruits Chinese tech firms to develop technology for the retailer’s stores and warehouses.

Walmart set ...

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It seems that bitcoin’s run-up has some staying power, with its price holding steady this week at about $8,000. But that doesn’t mean all crypto companies are fully back on their feet. Circle confirmed Tuesday that it was laying off about 10% of its staff, citing new market conditions and an unfavorable regulatory environment for crypto in the U.S.

While some crypto companies ...

Amid the cutthroat food-delivery wars, one hot startup has tried to stay under the radar to avoid alerting its rivals to its business model. But the word is getting out.

GoPuff, a Philadelphia-based company that promises to deliver late-night beer, snacks and Juul pods to college students “when the party must go on,” appears to have raised more than $150 million from venture capital ...

Should Uber’s rocky initial public offering spoil the appetite of investors for Postmates, the meal delivery business expected to go public in the coming months?

When President Donald Trump decided to block Huawei’s access to U.S. technology last week, the Chinese company already had been developing its own chips and stockpiling parts from American suppliers to prepare for the worst. That clearly wasn’t enough.

Huawei was broadsided by Google’s decision over the weekend to restrict its access to Android, which powers all of the ...

As the 2020 election cycle shifts into high gear, streaming video and audio companies such as Hulu and Spotify are looking to capture a bigger part of the expanding digital political advertising market, which Facebook and Google dominate.

Hoping to cash in on Americans’ growing appetite for news and entertainment delivered via streaming services, the companies are hiring executives, ...

A few years ago, Google began hiring Apple engineers responsible for developing a mobile chip that helped give iPhones and other devices a technical edge. But recently, some of those same engineers have left Google’s chip team, in a potential setback to its ambitions to build key ingredients in its own devices.  

Three chip engineers—Manu Gulati, John Bruno and Vinod ...

Cisco Systems held preliminary discussions recently with HashiCorp about an acquisition of the startup whose software manages applications running across multiple cloud providers, according to three people with direct knowledge of the talks.

The talks, which took place over a month ago, don’t appear to have advanced very far though, with one of the people saying there are currently no ...

CBS Corp. has expressed interest in acquiring cable channel Starz from Lions Gate Entertainment, according to four people familiar with the situation. CBS has been looking at the acquisition as a possible complement to Viacom, which CBS also is considering purchasing, said three of the people.

Joseph Ianniello, the interim CEO of CBS, made an informal offer to Lions Gate executives of around $5 ...

Internet travel conglomerate Booking Holdings has been a dependable company for investors, generating consistent profits and returns in line with the S&P 500 over the last five years. But in an industry radically altered by hot brands ranging from Airbnb to Uber to Google, Booking has struggled to stand out.

That has triggered something of an identity crisis at Booking, the world’s ...

DoorDash is finalizing a fundraising round likely to value the U.S. food delivery app between $10 billion and $12 billion after the investment, just three months after the company raised money at a $7 billion post-money valuation, said two people familiar with the matter.

The talks suggest the disappointing IPOs of Uber and Lyft may not have killed enthusiasm among late-stage, private tech ...

Mobile games are a fickle business, in which one-time hits can quickly fade into oblivion. Scopely, the startup behind popular mobile games like “Star Trek Fleet Command” and “The Walking Dead: Road to Survival,” believes it has come up with a system to minimize that risk.

Central to Scopely’s success, says chairman and co-CEO Walter Driver, is the publishing ...

Zapier, a 7-year-old startup whose software connects different types of applications to automate personal computing tasks, has taken a different path to profitability than most Silicon Valley companies. It doesn’t have a sales team or a main office, and its CEO, Wade Foster, made headlines two years ago by offering new hires $10,000 to relocate outside the Bay Area.

Despite raising only ...