Industry
‘History of NYTimes.com’: The New York Times Introduced Time Capsule Marking 20th Anniversary
The New York Times has published its first online edition on Jan 22, 1996. Marking the 20th founding anniversary, the news conglomerate has launched ‘History of NYTimes.com’, narrating chronology of the news website’s evolution and further development. The capsule offers video and audio contents including interviews with people related to the evolution.
Elevate Credit, VC-backed Online Lender, Postpones Its IPO
The subprime online lender company Elevate Credit delays its IPO scheduled on Thursday. Teetering market has been the main reason of the postponement and high risk of online subprime lending service.
Texas-based Waldo Photo Closes $5 Million Seed Funding
Austin-based tech company, Waldo Photos closes its $5 million seed funding on Thursday. The seed funding round was led by California's venture capital firm Upfront Ventures.
Biotech Startup Companies Are To Brace For Harsher Investment Climate
Biotech companies in last 5 years were enjoying easy access to capital. That scenario started to change after stocks started to slide in July 2015 and have not stopped with Nasdaq Biotechnology Index reading 2933 Wednesday which is the lowest level since November 2014. This means biotech startups would be expected to brace for harsher investment climate although experts are assuring that market fundaments are still strong.