Category: closes

Apple Closes All Retail Stores – Except in China
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Apple Closes All Retail Stores – Except in China

Tech giant Apple has reportedly closed all of its stores outside of China just days after announcing the reopening of its Chinese retail stores. In a post to the Apple Newsroom tech giant Apple announced that it would be closing all stores outside of China shortly after reopening all of its stores in the country. In…

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Tesla closes Shanghai factory over coronavirus concerns
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Tesla closes Shanghai factory over coronavirus concerns

Tesla has shut down its Shanghai factory as part of a broader order by the Chinese government to stem the spread of the coronavirus in the region, a closure that will delay Model 3 production and ultimately put slight downward pressure on profits in the first quarter, the automaker’s finance chief Zach Kirkhorn said during…

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Adam Schiff Closes Day Two with Attack on Trump’s Character
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Adam Schiff Closes Day Two with Attack on Trump’s Character

Lead House impeachment manager Rep. Adam Schiff (D-CA) closed the second day of opening arguments in President Donald Trump’s Senate impeachment trial on Thursday by attacking the president’s personal character. “Nobody is really making the argument, ‘Donald Trump would never do such a thing!’” Schiff argued on the floor of the Senate, after 10 p.m.…

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The House Fund closes its second fund with $44 million to pour into UC Berkeley grads, alums, and faculty
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The House Fund closes its second fund with $44 million to pour into UC Berkeley grads, alums, and faculty

In 2016, we profiled a then-24-year-old named Jeremy Fiance who had managed to pool together $6 million for a fund focused on his alma mater, UC Berkeley, where as a student he’d brought to campus Kairos Society, an organization for budding entrepreneurs, as well as created a student accelerator called Free Ventures. Fiance wasn’t waiting…

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PrimaryBid closes $8.6M round for its platform aimed to help retail investors
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PrimaryBid closes $8.6M round for its platform aimed to help retail investors

PrimaryBid, a UK-regulated platform connecting publicly listed companies with everyday investors for discounted share issuances has previously raised $3M. It’s now upped those stakes with an $8.6M funding round, led by UK VCs Pentech and Outward VC with participation from new and existing investors. Craig Anderson, a partner at Pentech, will join the PrimaryBidBoard of…

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Joy Capital closes $700M for early-stage investments in China
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Joy Capital closes $700M for early-stage investments in China

Joy Capital, the venture capital firm that’s backed Luckin, NIO, Mobike and other investor darlings in China, just raised $700 million for a new fund focusing on early-to-growth stage startups. Launched in 2015 by a team of former investors at Legend Capital, the investment arm of PC maker Lenovo’s parent company, Joy Capital made the…

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