United States
3D sensor maker Occipital gets $13 Million in Series B funding
Software startup Occipital has announced that the company received a round of funding from a group of investors. TechCrunch reports that the Series B funding worth $13 million was raised from investors Intel Capital, Shea Ventures, Grishin Robotics, and Foundry Group, who had previously participated in the first round of funding for Occipital.
Americans saving more, but not for retirement
A greater number of Americans are saving their hard-earned money, not for retirement but for emergencies. According to an annual survey by financial research firm Hearts & Wallets, household savings in 2014 was at 5.5%, nearly a percentage point higher than the previous year.
Yelp CEO announces departure of Chairman Max Levchin
Crowdsourced business review site Yelp took a double whammy as its chairman filed his resignation after the company's stock plunged 28 per cent for the second quarter of 2015.
Creditworthiness of US at stake; Will cash-strapped US raise debt ceiling?
The creditworthiness of the world's largest economy seems to be drenched as US treasury has stopped issuing further debt citing reasons for reaching the borrowing ceiling.