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Posts by Gregg Kell

Free stock trading app Robinhood raises $323M at $7.6B valuation

Robinhood, the popular free inventory trading app, this morning announced a big $323 million round is presided over by DST Global. The Series E financing costs the Menlo Park-headquartered business at $7.6 billion, up from its Series D valuation of more than$ five billion. Ribbit Capital, NEA, Sequoia and Thrive Capital have also participated in…

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China’s Tiangong-2 space station is officially no more

Chinese space station Tiangong-2 has officially resolved the fact-finding mission, and the orbital research facility’s entire macrocosm. The scaffold de-orbited and burned up as contrived at just after 9 AM ET on Friday, coming down over the South Pacific Ocean, as confirmed by the official Chinese space agency. The station weighed around nine U.S. tons…

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Southern California athletic brand, Vuori, raises $45 million from Norwest Venture Partners

The four-year-old, Southern California athletic brand Vuori has picked up a $45 million growth equity investment from the investment firm Norwest Venture Partners. The company, which says it’s profitable, will now join a stable of shopper startup brands that includes Birdies, Casper Sleep, Grove Collaborative, Jolyn, Kendra Scott, Madison Reed and Topo Athletic. Founded by…

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Instagram and Facebook are experiencing outages

Users reported issues with Instagram and Facebook Sunday morning. [ Update as of 12: 45 p.m. pacific] Facebook says the outage changing its apps has been resolved. ” Earlier today some people may have had hassle retrieving the Facebook family of apps due to a networking problem. We have resolved the issue and are fully…

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Why AWS gains big storage efficiencies with E8 acquisition

AWS is already the clear market manager in the gloom infrastructure grocery, but it’s never been an organization that rests on its past successes. Whether it’s a disturbance of new concoction bulletins and enhancements every year, or realise strategic acquisitions. When it bought Israeli storage startup E8 yesterday, it might have felt like a minor…

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