Enlarge (credit: BGPMon) Traffic sent to and from Google, Facebook, Apple, and Microsoft was briefly routed through a previously unknown Russian Internet provider Wednesday under circumstances researchers said was suspicious and intentional. The unexplained incident involving the Internet’s Border Gateway Protocol is the latest to raise troubling questions about the trust and reliability of communications […]
Tag: bigname
Bill.com is the latest fintech heavyweight, with a $742.8 million valuation and big-name backers
Getty/Andrew Burton Investors are going crazy for financial tech companies, and on Tuesday Bill.com became the latest company to benefit from the feeding frenzy. The Palo Alto, Calif. startup announced $ 100 million in new funding, in a round led by JPMorgan Chase — the largest bank in the US — and Temasek, a private holding […]
ESPN will stream big-name boxing matches under a new deal
Many eyes might be focused on a certain hyped-up boxing match this weekend, but ESPN just struck a deal that could be more important in the long run for fisticuffs fans. The sports broadcaster has forged a multi-year agreement that will make it the exclusive home of Top Rank boxing matches in North America. And […]
Drone Racing League raises millions from big-name investors
Drone Racing League has closed on $ 20M in funding, led by U.K telecommunications company Sky, Liberty Media Corporation (which owns the Formula One racing brand), and Lux Capital. This new funding means the league has now raised over $ 32M in three rounds. Allianz (who is also the title sponsor of DRL) and World […]
A hedge fund with big-name backing has suffered another blow
Chip Somodevilla/Getty Folger Hill Asset Management, a hedge fund backed by Leucadia, has suffered another blow. Rayne Gaisford, the director of risk management, left in recent weeks and plans to work in consulting, according to people familiar with the situation. Gaisford’s departure marks at least the third in recent weeks at a senior level. The others are […]
One of the top hedge fund launches of the year has landed a big-name backer
Thomson Reuters One of this year’s most anticipated hedge fund launches can count on another big time investor. Jens-Peter Stein, cofounder of multi-billion hedge fund Stone Milliner Asset Management, is planning to make a small investment in Ben Melkman’s Light Sky Macro, a new New York-based firm, according to people familiar with the situation. Stein, […]