Investment

SoftBank invests $500 million in digital mortgage lender Better.com

12 days ago   |   By CNBC

SoftBank has invested $500 million in digital mortgage lender Better.com, valuing the company at roughly $6 billion amid a pandemic-induced refinancing frenzy.
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Daily Crunch: KKR invests $500M into Box

Daily Crunch: KKR invests $500M into Box

12 days ago   |   By Tech Crunch

Box gets some financial ammunition against an activist investor, Samsung launches the Galaxy SmartTag+ and we look at the history of CryptoPunks. This is your Daily Crunch for April 8, 2021.
The big story: KKR invests $500M into Box
Private equity firm KKR is making an investment into Box that should help the cloud content management company buy back shares from activist investor Starboard Value, which might otherwise have claimed a majority of board seats and forced a sale.
After the investment, Aaron Levie will remain with Box as its CEO, but independent board member Bethany Mayer will...
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Box's new $500 million investment from KKR is a strong sign that it's not interested in selling itself after all

Box's new $500 million investment from KKR is a strong sign that it's not interested in selling itself after all

12 days ago   |   By Business Insider

Summary List Placement Box on Thursday announced a $500 million investment from private equity firm KKR , in a deal that seems to put an end to speculation that the $3.5 billion enterprise cloud storage company will sell itself - at least, for now.
Under the terms of the investment, which the company says will largely be used to finance share buybacks, KKR's John Park will join Box's board of directors. (Disclosure: KKR is a major shareholder in Axel Springer, Insider's parent company.)
Meanwhile, cofounder CEO Aaron Levie will step down as the board's chairman, to be replaced by...
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The Latest: Italy starts distributing J&J for those over 60

The Latest: Italy starts distributing J&J for those over 60

ROME - Italy is distributing 184,000 doses of Johnson & Johnson coronavirus shots to regional vaccination centers and recommending it for people aged over 60 following the... Read more ...

New Zealand to consolidate health care into national service

New Zealand to consolidate health care into national service

WELLINGTON, New Zealand - New Zealand announced Wednesday it will consolidate its fragmented health care system into a national service similar to the one revered by many in... Read more ...

Daily Crunch: Apple announces a new iPad Pro and much more

Daily Crunch: Apple announces a new iPad Pro and much more

Apple announces new devices, Amazon opens a hair salon and Venmo adds cryptocurrency support. This is your Daily Crunch for April 20, 2021. The big story: Apple announces a new... Read more ...

A year ago, police initially reported the death of George Floyd as the...

A year ago, police initially reported the death of George Floyd as the result of a 'medical incident during police interaction.'

Summary List Placement Almost a year ago, Minneapolis police initially reported the death of George Floyd as the result of a "medical incident during police interaction." On... Read more ...

Powerful images capture Cori Bush and Ayanna Pressley's emotional reaction...

Powerful images capture Cori Bush and Ayanna Pressley's emotional reaction as Derek Chauvin was found guilty for the murder of George Floyd

Summary List Placement Rep. Cori Bush, a Democrat from Missouri and Black Lives Matter activist, could be seen crying as she embraced Rep. Ayanna Pressley. Bush, a freshman... Read more ...

Apple event fails to save the company's stock from broader market sell-off

Apple event fails to save the company's stock from broader market sell-off

Today's Apple event, chock-full of the company's products that will help decide whether the company meets, exceeds or undershoots Wall Street expectations for its future growth... Read more ...

Police union welcomes verdict, says 'justice has worked' after Derek Chauvin...

Police union welcomes verdict, says 'justice has worked' after Derek Chauvin found guilty of murder

Summary List Placement That former Minneapolis officer Derek Chauvin is now a was convicted of murder, among other charges , serves as proof that the "system of justice has... Read more ...

AOC reacts to Derek Chauvin verdict, says the fact that George Floyd had to...

AOC reacts to Derek Chauvin verdict, says the fact that George Floyd had to die 'to be seen and valued is not justice'

Summary List Placement Democratic Rep. Alexandria Ocasio-Cortez weighed in Tuesday after the former Minneapolis police officer Derek Chauvin was convicted on multiple counts of... Read more ...

Biden and Harris make emotional call to George Floyd's family after Derek...

Biden and Harris make emotional call to George Floyd's family after Derek Chauvin was found guilty of murder

Summary List Placement President Joe Biden, Vice President Kamala Harris, and first lady Jill Biden called George Floyd's family on Tuesday after a jury found Derek Chauvin... Read more ...

Fox News host Greg Gutfeld says he was 'glad' about the Derek Chauvin...

Fox News host Greg Gutfeld says he was 'glad' about the Derek Chauvin verdict 'even if he might not be guilty of all charges' because 'my neighborhood was looted'

Summary List Placement Fox News host Greg Gutfeld said on Tuesday that he had a "really selfish" reaction to the Derek Chauvin guilty verdict , and it did not go over well with... Read more ...