Chinese internet giant Tencent has invested in U.K. digital banking startup Monzo Bank, Sky News and other news outlets reported. Tencent’s investment is part of a $100 million top-up to Monzo’s latest funding round valuing the startup at $4.5 billion, according to Sky News. The top-up brings the total amount of money raised in the round to $600 million. Tencent, which operates China’s...
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DataRobot’s CFO, Three Other Senior Execs Depart Amid Fallout Over Share Sales
The chief financial officer and several other senior executives at artificial intelligence startup DataRobot have resigned as the company prepares a second round of layoffs this year, according to two people with knowledge of the situation. The changes, announced internally in a meeting, are the latest sign of an ongoing leadership shakeup following last month's resignation of CEO Dan...
Axios Selling Itself to Cox Enterprises for $525 Million
SoftBank Reports Record $23.4 Billion Loss on Stock Market Rout
Baidu Wins Approval for China’s First Fully Driverless Robotaxi Services
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