Tag: Companies

Marketing data platform Adverity raises $30M Series C led by Sapphire Ventures

In the time many of us live in now, we all know our online media consumption is — to state the obvious — going through the roof. Subsequently, the amount of data pertaining to online marketing is, equally, reaching stratospheric heights and in recent years tech companies like Datorama and Funnel.io,…

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An IPO? In this economy?

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Late last week a Chinese company called Kingsoft Cloud filed to go public in the United States. The cloud infrastructure business intends to list on the Nasdaq under the symbol…

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Autofleet raises $7.5M to help fleets put idle vehicles into drive

On-demand mobility, when done successfully, strikes a balance between demand and supply while providing reliable service and making a profit. It’s a sweet spot that can be difficult, if not impossible, to find. Autofleet, a startup that develops fleet optimization software to redirect underused vehicles into ride-hailing and delivery services,…

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TSMC reports $3.9B Q1 profit, but slashes outlook for the year

Taiwan Semiconductor Manufacturing Company (TSMC) beat analyst estimates after reporting its net profit almost doubled in the quarter that ended in March, and said it was hopeful to sustain momentum in the current quarter but slashed its industry and foundry outlook for the year. The Taiwan-headquartered company, which counts Apple…

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GE Healthcare and Microsoft are bringing a COVID-19 patient monitoring tool to health systems

GE Healthcare is extending its longtime collaboration with Microsoft to launch a cloud-based COVID-19 patient monitoring software for health systems. GE Healthcare had originally intended to debut its Mural Virtual Care Solution at the Healthcare Information and Management Systems Society meeting earlier this year. When the COVID-19 epidemic scuttled those…

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The odd reality of today’s stock market

As the COVID-19 death toll in the United States continues to climb, American stocks are, in a grim divergence, recovering lost ground. It isn’t clear precisely why locally-listed equities have risen in recent weeks, let alone today, but let’s go over the day’s results so that we’re all on the…

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