Greylock Partners has raised $1 billion fund for its newest startup, San Franciso. For 50 years now in investing in the web, Greylock Partners has funded the frontrunners in the IT and consumer internet categories such as LinkedIn, Dropbox, Facebook and Airbnb.
Industry
Gartner: For eight consecutive quarters, sales of global PC declined
Gartner emphasizes that the sales of desktops, laptops, and other devices dropped 5.7 percent in the third quarter of 2016.
China's E-Car Market Lures Mahindra And Mahindra
Mahindra and Mahindra Ltd. eyed China for being the hottest electric vehicle market. The company looked for venture partner to carry on its goal in investing Chinese market.
$6.2 million from India Life Science Fund for Oasis Center
Oasis Center, the leading chain in vitro-fertilization has announced it partnership with India's Life Sciences Fund.It has invested $6.2 millon in the company. The proceeds of the funding is allocated to extend its chain of IVF centers.
US Fed action seemingly widens rate for T-bonds
The national treasurer had traced an undersubscription because of the risks related to rate hike. He said that there is a heightened uncertainly. This resulted an uncertainty of the prospective U.S. Fed action as well.
Latest News
The Russian president expressed his support to OPEC. He announced that Russia is ready to join it. OPEC urged other non-members to give their commitments.
Gary Fullam, the investment adviser of Global Investment said that though U.S. stocks had risen its gain, still it is not a reason to celebrate. Firms are still threaten of the bull market.
U.S. stocks rise its gain. It leap up so high and while other stocks plungeto the lowest blow. Apple takes over Samsung, as it suffers from production for the replacement of the recalled unit. Other firms are enjoying its net as it rise up to a certain degree.
The two statesmen had signed the agreement on the said "Turkish Stream" project. The project is about building a gas pipeile from the Black Sea to Turkey. This will be then distributed to European Union nations.
The Ventureast Proactive Fund II sucessfully made it for it had its first closing. It is now planning to extend their services to different sectors. The existing investors as well as new investors are excited to support and invest for its new start-ups.
Motley Analyst, Gaby Lapera talked with Jordan Wathen about index funds. Wathen shared the reason why index fund were popular. He shared that it is so benefial for investors.
There are to three mutual funds that Invesco offered to investors. Invesco explained each of the features and highlighted its uniquely quality compared to other mutual funds.
The best performing sector as of midday Friday is the Utilities sector, which displays a stellar performance amongst others, up 0.2 per cent.
A new senior vice president has been announced by Inland Securities Corporation. Denise Faber has previously worked at John Hancock Financial and has hold several positions related to investments prior to joining with Inland Secuities.
