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Could Facebook’s Crypto Break Financial System? Congress Airs Fears

Xconomy

But when the financial oversight council published its 2018 annual report, it concluded that volatility in the cryptocurrency. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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San Diego VC Funding Hits $547.2M in Q1; Ideaya Leads Top 10 Deals

Xconomy

million into 37 startup companies throughout San Diego County during the first three months of 2018, maintaining roughly the same level of venture funding seen in recent quarters, according to the Venture Monitor Report. Venture capital investors sank $547.2

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Expectations Rise on Q1 Surge in Venture Funding; and Top 10 Deals

Xconomy

companies during the first three months of 2018—marking the strongest single quarter in at least a dozen years, according to the Venture Monitor Report released today by Seattle-based PitchBook and the National Venture Capital Association (NVCA). Venture capital investors poured more than $28.2 billion into U.S.

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Lyft Raises $2.2B in IPO, Pegging Valuation at Over $24B

Xconomy

billion, The New York Times reported. billion at the time of its last fundraising in mid-2018. Investors eager to bet on the mobility industry’s future handed ride-hailing company Lyft $2.2 billion in new capital Thursday as the company completed an IPO that set its market capitalization at $24.3 Lyft sold 30.8

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Facebook’s 3Q Growth Suffices to Stave Off Another Stock Dive

Xconomy

Facebook (NASDAQ: FB ) shares gained nearly 3 percent Tuesday, and ticked up further in after-hours trading following the release of a third quarter earnings report that showed some strengths as well as shortfalls. On the strength side of the third quarter report: The company’s profit of $5.14 election campaigns. election campaigns.