Photo by Dean Drobot / Shutterstock.com Originally published by Jeff Ostrowski on Bankrate.com. As the mortgage refinancing boom rages, millions of homeowners have yet to swap out their old mortgages for new loans at record-low rates. A significant number of Americans are hanging onto 30-year mortgages with rates of 5% …
Read More »Ex-Owner in $146 Million Elder Care Default Is Charged in Ponzi Case
A Chicago-area rabbi, who formerly owned a nursing home chain at the heart of the biggest default in the history of a federal mortgage-guarantee program, has been indicted by federal authorities on charges he bilked millions of dollars from investors. The indictment against Zvi Feiner and a business partner, Erez …
Read More »Lidar sensor manufacturer Ouster raises $42 million
Automation and Jobs Read our latest special issue. Open Now Ouster, a San Francisco-based lidar startup that launched out of stealth in December 2017, today secured $ 42 million in funding, bringing its total raised to $ 140 million. Cofounder and CEO Angus Pacala says the fresh capital will be …
Read More »Yandex and Uber spin out self-driving venture with $150 million investment
Automation and Jobs Read our latest special issue. Open Now Yandex and Uber today announced they are spinning out their self-driving joint venture into a standalone company, with the Russian tech giant increasing its stake by investing an additional $ 150 million. The two former rivals merged their ride-hailing operations …
Read More »Covid-19 Live Updates: U.S. Cases Top 6 Million
Here’s what you need to know: Confirmed virus cases in the U.S. surpass 6 million. The F.D.A. chief confirms his agency’s willingness to approve a vaccine before human trials are complete. New Delhi’s subway is reopening even as India’s daily cases set global records. President Trump retweets a barrage of …
Read More »Berbix raises $9 million to verify IDs with AI
Automation and Jobs Read our latest special issue. Open Now Berbix, a startup developing an “automated” identity verification platform, today closed a $ 9 million funding round. A spokesperson told VentureBeat the new capital is being earmarked for team and customer growth. According to McKinsey, the “ID-verification-as-a-service” market will grow …
Read More »Synthego raises $100 million for AI-driven gene editing
Automation and Jobs Read our latest special issue. Open Now Synthego, which is developing a machine learning-based approach to engineering genomes, today closed a $ 100 million funding round. The startup says the funding will be put toward expanding the capabilities of its platforms designed to produce reagents and cells …
Read More »March Gaming Fund debuts with $60 million for game startups
GamesBeat Summit Watch every session from the annual event On Demand Watch Now March Capital has launched its March Gaming Fund with $ 60 million to invest in game startups. The fund is headed by managing director Gregory Milken, who has been responsible for most of March Capital’s investments in …
Read More »Chili Piper raises $18 million to automatically schedule sales lead meetings
Automation and Jobs Read our latest special issue. Open Now Chili Piper today announced it has raised $ 18 million to grow its sales platform for booking meetings and phone calls. With the fresh capital, Chili Piper plans to invest in product capabilities and expand its sales and marketing efforts …
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