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Best Buy Buys Out Partner For $1.3 Bn, Revamps Worldwide Operations

By Adam E. John Best Buy is reshaping how it manages connections in the United States and Canada, refocusing its European operations on a broader...

Yelp Opens New Office In New York City

Mayor Michael Bloomberg joined online review company Yelp to announce the opening of their new office in New York City. The new Yelp East...

Moment Systems Series B Financing $20 Million Led By KPCB

Moment Systems, one of China’s largest third-party digital marketing measurement company has just finished Series B financing $20 million, led by Kleiner Perkins Caufield &...

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Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.