Indian e-commerce firm Flipkart, majority owned by U.S. retail giant Walmart, is seeking a $40 billion valuation in its talks to raise at least $3 billion from SoftBank as well as several sovereign wealth funds, Bloomberg reported. SoftBank could invest up to $500 million in the round, while Singapore’s sovereign wealth fund GIC, Canada Pension Plan Investment Board and Abu Dhabi’s sovereign...
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As Hollywood Shines Its Klieg Lights on Silicon Valley, a New Tech Scandal Arises
Hi, welcome to your Weekend!The Valley is small and memories are long. I’ve heard countless versions of that old venture capital saw. And true enough, it sometimes seems like Silicon Valley is one clubby, insular, gossip-addled village. That’s why it can feel so disorienting when the outside world gets interested in Valley business. As TI Weekend staffer Josh Duboff writes this week, ...
Shares of Docusign Fall Over 40% After Reporting Slowed Growth
New Twitter CEO Ousts Two Executives In Leadership Reshuffle
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