Tag Archives: Investors

Investors see an opportunity framed in Lensabl’s prescription lens fulfillment business

Lensabl, the company that has built a business putting prescription lenses into any style of glasses frame, has raised $ 3.7 million in a new round of funding.  Based in Los Angeles, Lensabl already has an agreement inked with the city’s latest tech wunderkind, partnering with the spectacles-producing augmented reality luminaries at Snap. “We are the preferred prescription provider of ...

Read More »

Hear from investors at General Catalyst, FirstMark and Shasta at TC Sessions: AR/VR

The worlds of augmented reality and VR theoretically represent a boundless expanse for startups looking to create a new digital future. Realizing that future is the tough part, and doing so while Google, Facebook, Microsoft and Apple all look to plant their flags is even harder. While plenty of investors have taken a look at AR/VR companies in the years ...

Read More »

'Nuclear attack': Investors sue Musk over 'misleading' tweet on making Tesla private

Two investors accuse Elon Musk of manipulating Tesla’s share prices by teasing on Twitter that he might pull the company from public markets, and hurting short-sellers. He then took to Twitter to mock them. Investors argue that the carmaker artificially inflated Tesla’s stock price and broke federal securities laws. The lawsuits were filed three days after Musk unexpectedly tweeted to ...

Read More »

Are Tesla investors losing touch with reality? Elon Musk apology enough to send stock skyrocketing

Financial results are what normally concern investors. But not when it comes to Tesla. Despite record losses, a mere apology from CEO Elon Musk is enough for its stock to appreciate by $ 5 billion. “I would like to apologize for being impolite on the prior call. Honestly, I think there is really no excuse for bad manners. I was ...

Read More »

Zuckerberg & Facebook slapped with lawsuit for failing to warn investors of slowing growth

Facebook investors are suing the social network, its CEO Mark Zuckerberg and CFO David Wehner after a poor earnings report wiped out nearly $ 160 billion of shareholder wealth. The lawsuit, filed by shareholder James Kacouris in a Manhattan federal court, could be the first of many claims over a disappointing earnings announcement by the social media and social networking ...

Read More »

Zuckerberg & Facebook slapped with lawsuit for failing to warn investors of slowing growth

Facebook investors are suing the social network, its CEO Mark Zuckerberg and CFO David Wehner after a poor earnings report wiped out nearly $ 160 billion of shareholder wealth. The lawsuit, filed by shareholder James Kacouris in a Manhattan federal court, could be the first of many claims over a disappointing earnings announcement by the social media and social networking ...

Read More »

Mark Zuckerberg loses $17bn in a day & some investors want him fired as Facebook chairman

Facebook chairman and CEO Mark Zuckerberg is having a very bad day. On Thursday, he lost $ 17 billion of his fortune, Facebook shares dipped almost 20 percent, and now, some shareholders want his influence on the company reduced. Read more The money the Facebook CEO lost is only one-fifth of his net worth, which has fallen to $ 70 ...

Read More »

Strong fundamentals of Russian economy attract foreign investors

Russia’s economic growth is a very positive sign for businesses, as it creates a lot of confidence about their investments, Ian Colebourne, CEO of Deloitte CIS, told RT at the St. Petersburg International Economic Forum (SPIEF). “I think it’s fair to say that the level of growth would have been higher if we hadn’t faced these challenges [sanctions]. And I ...

Read More »

Anti-Russia sanctions won’t spook Chinese investors – Beijing

Washington’s latest economic penalties against Moscow will not have any impact on Chinese investments in Russia as Beijing plans to back bilateral cooperation in trade, the Chinese Ministry of Commerce (MOC) has said. “Over the years, the US has repeatedly unilaterally imposed sanctions against other states. The Chinese side is firmly against this,” a senior MOC official Liu Xuesong told ...

Read More »

Moscow gets into Europe’s top 5 most attractive cities for investors

The Russian capital has climbed above Helsinki, Warsaw, Berlin and Stockholm to rank fifth among Europe’s most attractive cities for foreign investment. The 2018/2019 ranking was compiled by Foreign Direct Investment Intelligence (a division of the Financial Times). It assessed 301 European cities and 150 regions. London has maintained its leading position in the rating, but experts said that could ...

Read More »
Show Buttons
Hide Buttons
error: Content is protected !!