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Salesforce hires former banker Arundhati Bhattacharya as chairperson and CEO of India business

Salesforce, the global giant in CRM, said on Wednesday that former banker Arundhati Bhattacharya will be joining the company on April 20 as chairperson and chief executive of its India division. The San Francisco-headquartered firm said Bhattacharya, who served...

Insight Partners sells security firm Checkmarx to Hellman & Friedman for $1.15B

Checkmarx, an Israeli security company acquired in 2015 by private equity firm Insight Partners with an $84 million investment, was sold today to Hellman & Friedman, another private equity firm at a valuation of $1.15B. Nice little profit there,...

Goodlord, the proptech startup that offers a SaaS for rentals, has raised £10M in Series B funding

Goodlord, the London ‘proptech’ startup that offers cloud-based software to help estate agents, landlords and tenants manage the rental process, appears to have achieved somewhat of a turn-around after it fell into difficulty two years ago. Since then the...

$75M legal startup Atrium shuts down, lays off 100

Justin Kan’s hybrid legal software and law firm startup Atrium is shutting down today after failing to figure out how to deliver better efficiency than a traditional law firm. The startup laid off all its employees, just over 100,...

Legal services giant Epiq Global offline after ransomware attack

Legal services giant Epiq Global has been hit by a ransomware attack. The law firm, which provides legal counsel and administration that counts banks, credit giants, and governments as customers, confirmed the attack hit on February 29. “As part of our...

Fifth Wall Ventures’s new $100 million “retail” fund aims to back online brands that need real world space

Fifth Wall Ventures, a four-year-old, the L.A.-based, real-estate focused venture firm, has just closed a $100 million vehicle called that it’s calling its “retail fund.” The vehicle comes hot on the heels of a $212 million debut fund that...

VC firm Oxx says SaaS startups should avoid high-risk growth models

Oxx, a European venture capital firm co-founded by Richard Anton and Mikael Johnsson, this month announced the closing of its debut fund of $133 million to back “Europe’s most promising SaaS companies” at Series A and beyond. Launched in 2017...

Vivo beats Samsung for 2nd spot in Indian smartphone market

Samsung, which once led the smartphone market in India, slid to the third position in the quarter that ended in December, even as the South Korean giant continues to make major bets on the rare handset market that is still...

Ophelia Brown’s Blossom Capital raises new $185M European early-stage fund

Blossom Capital, the early-stage VC firm co-founded by ex-Index Ventures and LocalGlobe VC Ophelia Brown, is announcing a second fund, less than 12 months since fund one was closed. The new fund, which is described as “heavily oversubscribed,” sits at...

What we know (and don’t) about Goldman Sachs’ Africa VC investing

Goldman Sachs is investing in African tech companies. The venerable American investment bank and financial services firm has backed startups from Kenya to Nigeria and taken a significant stake in e-commerce venture Jumia, which listed on the NYSE in...
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Radomir Antic, the Serbian who promoted strength and solidarity in football

The former technical director of Real Madrid, Atlético de Madrid and Barcelona passed away this Monday at the age...
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The Spanish town that lives on the coffins, overflowed with work by the coronavirus

Coffin makers in Piñor, Spain, have not stopped making coffins since the pandemic touched national soil. Their work has been overwhelmed in recent weeks,...

FIFA Gate: alleged cases of bribes by Russia and Qatar come to light

Two former executives of the American giant Fox were accused of corruption, bank fraud and money laundering in New York on Monday. In a new...

Facebook provides more data to COVID-19 researchers

The social network has been providing researchers fighting Covid-19 with information about whether people stay home and the probability that communities in one area...

The Vatican expresses its satisfaction at the acquittal of Cardinal Pell

George Pell, a former Vatican treasurer and number three of the Holy See were acquitted of a sentence for sexual abuse and released in...