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Remote work and schooling is making tech and tech brands popular with investors. The Sterling deal will speed up iLife’s moves into new categories.
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Dubai: The Sterling Group, the private equity firm, has acquired Dubai-based iLife Digital Technology, a PC brand, for an undisclosed amount. The investment will be used to speed up iLife Digital’s growth plans as well as increase its market share. Other geographies too might be added.

“Coronavirus has created PC sales spike – globally,” said Anees Mian, co-founder of iLife Digital Technology. “With accelerated spread of Covid-19 there has been a surge in consumers buying devices in order to work-from-home – partnering with Sterling Group was a strategic move.” 

Pick up COVID-19 generated growth

For Sterling, it meant an exposure in a “lucrative sector buoyed by positive developments”. Headquartered in Dubai, iLife has had a pan-India presence for around three years. It plans

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  • Paul Palmieri, the former founder of mobile adtech company Millennial Media and VC firm Grit Capital, just raised $3.3 million in seed round funding for his latest venture, Tradeswell.
  • Tradeswell is an e-commerce trading platform that says it integrates all of a brand’s e-commerce channels, and consolidates marketing, retail, inventory, logistics, forecasting, lifetime value, and financials across these channels in one platform.
  • The company says it can help traditional and DTC brands save millions of dollars in outsourced contracts and tap into the booming e-commerce market.
  • Visit Business Insider’s homepage for more stories.

After adtech and venture capital, media vet Paul Palmieri is taking on e-commerce.

The former founder of mobile ad tech company Millennial Media and VC firm Grit Capital just raised $3.3 million in seed round funding for his latest venture, Tradeswell, from Signalfire and Construct Capital— a real-time e-commerce trading platform that he calls “the Bloomberg terminal

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Activist investor Daniel Loeb on Wednesday urged Walt Disney Co. to skip paying an annual dividend and instead pour the $3 billion into hits for its streaming television service.

Loeb, founder of Third Point hedge fund, made his pitch in a letter to Disney chief executive Bob Chapek and the board of directors.

Loeb reasoned that skipping a few dollars per share in dividends, the entertainment giant could use the money to more than double its budget for content at Disney+ streaming service.

“Disney has built one of the largest streaming platforms in the world, already within the original 5-year Disney+ subscriber target range of 60-90 million,” Loeb said in the letter, a copy of which was obtained by AFP.

“To further capitalize on this transformational opportunity, we believe the company should permanently suspend its $3 billion annual dividend and redirect this capital entirely into content production and acquisition for

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NEW YORK, Oct. 6, 2020 /PRNewswire/ — Tapinator, Inc. (OTC: TAPM), (“Tapinator,” the “Company,” “we,” “our” or “us”), a developer and publisher of category leading apps for mobile platforms, with a focus on social casino games, today announced the debut of its new investor relations website: https://ir.tapinator.com. The redesigned, next-generation website offers quick and intuitive access to essential information such as company news, financial and stock information, presentations and videos, regulatory filings, and corporate governance information. Created with the user experience in mind, the new website has been optimized across all digital devices, including desktop and mobile. 

Tapinator also recently released an updated investor presentation which can be accessed within the “Events & Presentations” section of its new investor relations website.

“As part of our continued efforts to enhance communications with the investment community, we are excited to launch our new website, which includes our new investor presentation

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MILPITAS — A veteran real estate investor with a national reach has bought a big apartment complex in Milpitas, a deal that points to ongoing strong buyer interest in the Silicon Valley housing market.

Victorian Square, an apartment complex in Milpitas, has been bought by an affiliate of Klingbeil Capital Management, a real estate firm with a San Francisco office and roots in Ohio, according to public property and business records.

The 96-unit Victorian Square, located at 2021 N. Milpitas Blvd. in Milpitas, was bought for $36.3 million, property records filed with Santa Clara County officials on Oct. 2. show.

Located near tech hubs in San Jose, Milpitas, and Fremont, the apartment complex appears to be in strong demand from renters. The apartments.com website states that none of the units in the complex are available for rent.

Investors appear to hunger for apartment complexes throughout Silicon Valley and the East

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Bill Gurley wearing a suit and tie: Reuters


© Reuters
Reuters

  • Legendary tech investor Bill Gurley told CNBC on Friday that the stock market reminds him of the late ’90s dot-com bubble. 
  • “There is certainly what I would call a highly speculative nature to the markets today, a willingness to take on risks, a willingness to get excited about projects that may be five or 10 years in the future,” the Benchmark partner said. 
  • Other investors like Stanley Druckenmiller have drawn similar conclusions about today’s technology stocks. 

Legendary venture capitalist Bill Gurley told CNBC on Friday that the stock market reminds him of the late-1990s tech trading environment that led to the dot-com bubble.

“There is certainly what I would call a highly speculative nature to the markets today, a willingness to take on risks, a willingness to get excited about projects that may be five or 10 years in the future, that we haven’t seen since the

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Bitcoin has had a strong start to the decade, adding over 40% to its price so far this year—and taking its market capitalization to around $200 billion.

The bitcoin price, which began the year at around $7,000 per bitcoin token, has been on a roller coaster through 2020, crashing to under $4,000 in March before rebounding to well over $10,000.

With a raft of established investors turning to bitcoin this year as a potential hedge against the inflation they see coming as a result of unprecedented government spending and money-printing, a prominent investor in electric car-maker Tesla
TSLA
has said it expects bitcoin’s total value to balloon to between $1 trillion and $5 trillion during the next five to ten years.

MORE FROM FORBESBitcoin And Blockchain Are The ‘Future’ Of Twitter, CEO Jack Dorsey Reveals

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The MarketWatch News Department was not involved in the creation of this content.


PITTSBURGH, Sept. 28, 2020 /PRNewswire via COMTEX/ —
PITTSBURGH, Sept. 28, 2020 /PRNewswire/ — Along with global safety equipment manufacturer MSA Safety Incorporated’s (NYSE: MSA) mission of protecting lives, staying agile and responsive to customer needs has been an unwavering focus for more than a century. Today, the company announced that their efforts to leverage digital technologies to engage with the investor community were recently recognized by IR Magazine with the 2020 Best Investor Relations (IR) Website award. The award was presented on September 16 as part of a virtual awards ceremony held by IR Magazine. Elyse Lorenzato, MSA Director of Investor Relations, accepted the award on behalf of the company.

Based on feedback from analysts, investors and a panel of judges, IR Magazine evaluates companies across 27 categories.  The Best IR Website category recognizes best-in-class

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PITTSBURGH, Sept. 28, 2020 /PRNewswire/ — Along with global safety equipment manufacturer MSA Safety Incorporated’s (NYSE: MSA) mission of protecting lives, staying agile and responsive to customer needs has been an unwavering focus for more than a century. Today, the company announced that their efforts to leverage digital technologies to engage with the investor community were recently recognized by IR Magazine with the 2020 Best Investor Relations (IR) Website award. The award was presented on September 16 as part of a virtual awards ceremony held by IR Magazine. Elyse Lorenzato, MSA Director of Investor Relations, accepted the award on behalf of the company.

Based on feedback from analysts, investors and a panel of judges, IR Magazine evaluates companies across 27 categories.  The Best IR Website category recognizes best-in-class websites that deliver “a top-notch customer experience, engaging content that meets analysts’ and investors’ needs, and provides a truly interactive

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PITTSBURGH, Sept. 28, 2020 /PRNewswire/ — Along with global safety equipment manufacturer MSA Safety Incorporated’s (NYSE: MSA) mission of protecting lives, staying agile and responsive to customer needs has been an unwavering focus for more than a century. Today, the company announced that their efforts to leverage digital technologies to engage with the investor community were recently recognized by IR Magazine with the 2020 Best Investor Relations (IR) Website award. The award was presented on September 16 as part of a virtual awards ceremony held by IR Magazine. Elyse Lorenzato, MSA Director of Investor Relations, accepted the award on behalf of the company.

Based on feedback from analysts, investors and a panel of judges, IR Magazine evaluates companies across 27 categories.  The Best IR Website category recognizes best-in-class websites that deliver “a top-notch customer experience, engaging content that meets analysts’ and investors’ needs, and provides a truly interactive

Read More