capital

Overstock shares soar after investment in its blockchain unit tZero

Overstock shares soar after investment in its blockchain unit tZero

Overstock.com, Inc. (NASDAQ: OSTK) shares jumped as much as 21% in after-hours trading on Thursday after the e-commerce retailer announced that Hong Kong private-equity firm GSR Capital will invest up to USD 270 Million into Overstock's blockcha..

Samsung to Invest USD 22 Billion on AI, 5G and Biopharmaceuticals

Samsung to Invest USD 22 Billion on AI, 5G and Biopharmaceuticals

Samsung plans to spend USD 22 Billion in the next three years on developing artificial intelligence, 5G, automotive electronic parts and biopharmaceuticals. This comes as part of the earlier announced USD 160 Billion investment on research, developm..

Venture Capitalist Firm to Raise Next Largest European Fund

Venture Capitalist Firm to Raise Next Largest European Fund

Venture capitalist firm Lakestar is attempting to raise the next largest European fund for startup investments. Lakestar is targeting around USD 800 Million in investments, according to three people with knowledge of the matter. There’s no cer..

BP Invests $20 Million for 5-minute Fast Charging Batteries for Electric Cars

BP Invests $20 Million for 5-minute Fast Charging Batteries for Electric Cars

British Petroleum Company (NYSE: BP) has invested $20 million in an Israeli start-up company by the name of StoreDot that claims its batteries can charge electric cars in just five minutes.Additionally said on Tuesday, BP suggested its venture capit..

BlackRock Capital's Shares Increase After Beating on Q4 Results

BlackRock Capital's Shares Increase After Beating on Q4 Results

BlackRock Capital Investment Corporation (NASDAQ: BKCC) announced financial results for the fourth quarter of fiscal 2017 after the bell on Wednesday. Shares of the company increased 2.9% in premarket trading on Thursday.According to the compan..

Amazon in Talks with JPMorgan About Checking Accounts

Amazon in Talks with JPMorgan About Checking Accounts

Amazon.com Inc. (NASDAQ: AMZN) is in talks with JPMorgan Chase & Co. (NYSE: JPM) and other big banks such as Capital One Financial Corp. (NYSE: COF) about offering the tech giant a checking account for its customers, according to the Wall Street..

Morningstar Inc Posted Fourth-Quarter Earnings

Morningstar Inc Posted Fourth-Quarter Earnings

Morningstar, Inc. (NASDAQ: MORN) posted its financial results for the fourth quarter of fiscal 2017 after the bell on Tuesday. In the after-hour section, shares of the company were flat.“We are pleased with the strong revenue and overall ..