BlueVine the fintech startup company completed its $40 million in Series C funding last Wednesday. The investment was led by Menlo Ventures and other participants.
Industry
McDonald’s To Shut Down 500 Restaurant Chains This Year 2016, Maximizing The Potential Assets
McDonald's will shut 500 of its restaurants in 2016. The closures are aimed at maximizing the potential assets and leaving the weak-performing ones. McDonald's return has been declining. Fortunately, it has gained more increase during the three last months of 2015.
Amazon is Planning to Spend Over $3 Billion on Audio and Video Content
Amazon will spend more than $3 billion for Amazon Prime music and video content. With a 54 million members in the U.S., Amazon Prime wants to increase customers spending to boost its revenue following a downtrend.
New iPhone: News Leaks That Apple Would Introduce New iPhone 5SE on March
This new model is believed to be a cheaper and smaller version to the current iPhone 6 generations. Some physical features would follow the iPhone 6 generations, but the size would be similar to iPhone 5 generations. iPhone 5SE could be an alternative for people who would like the latest features but prefer smaller devices.
Survey Revealed VR Has Become More Attractive to Game Developers
Virtual Reality has started to attract more developers. Game Developers Conference revealed a survey showing that more game developers are working on VR prior to the event next March.
Latest News
The airways announced new cabin design, completed with enhanced technology system to meet travelers' needs nowadays. Besides in-flight internet connection, they also improved new entertainment system with new features and bigger database. The timing of these new improvements coincides with JetBlue's sixteenth anniversary.
Aircall said that it has raised about $2.75 million in a seed funding round. The funding was headed by Balderton Capital, followed by FundersClub and US-based angels.
The statement came from Baidu's senior vice president Wang Jing. He believes that Baidu has some advantage over other car makers, especially local knowledge. The company has already invested a lot in the development of AI, that could help the development of autonomous cars.
Tesla cars sale fell below analyst expectation and its inability to roll out the Model X as promised lead J.P. Morgan analyst to reduce its profit projection for the fourth-quarter.
U.S. stock declined sharply on Monday over concern of economic condition and oil price. The Fed is scheduled to have a meeting this week, and market anxiously wait for the next step U.S. central bank will take.
Jack Dorsey will be the next product boss. Jack Dorsey, the creator of Square and Twitter, will be able to infuse bold product modification which has been lacking at the company.
Airport ride-hailing service Wingz closed its Series B funding with $11 million on Monday. Expedia led the funding with participants from ltimeter Capital and Marc Benioff, CEO of Salesforce.com.
Future Land Development shares have witnessed a fall of around 14% and appear to be the lowest since September 7. Meanwhile, Moody’s has changed outlook on the business to negative from stable on Monday. Fearing further price falling, the company has arranged suspension of its shares listed in the Hong Kong and Shanghai Stock Exchange.
The Miata hasn’t witnessed the best presentation through the years. Mazda has represented MX-5 generation Miata in the Tokyo Auto Salon 2016. The uproar from the audience indicates that the Miata generation now claims due status in the sports car segment. The new widened Miata has absorbed inspirations from a lot of tuning cultures and thus proclaimed as the largest road racers in the US.
