Investment

Relativity Space raising $500 million at $2 billion valuation from Tiger and others, sources say

Relativity Space’s third generation 3D-printer in its new headquarters, with CEO Tim Ellis standing by for scale. Relativity Rocket builder and 3D-printing specialist Relativity Space is raising $ 500 million of fresh capital in a new round being led by Tiger Global Management, people familiar with the financing told CNBC on Tuesday. The new fundraise, […]

Investment

Starboard tries to find another winner in the fintech space

Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Company: ACI Worldwide, Inc. (ACIW) Business: ACI Worldwide, Inc. develops and markets software products and services focused on facilitating electronic payments. Its products and services are used principally by financial institutions, retailers, billers and electronic payment processors, […]

Investment

Deciphering what Nelson Peltz is up to with his big moves in the investment management space

Nelson Peltz speaking at the 2019 Delivering Alpha conference in New York on Sept. 19, 2019. Adam Jeffery | CNBC Company: Invesco Ltd. (IVZ) Business: Independent investment management company. Invesco provides a range of investment capabilities and outcomes, which are delivered through a set of investment vehicles, to help clients achieve their investment objectives. Its […]

Small Business

Department of Space, AIM, and Niti Aayog jointly organize workshop on empowering startups

Bengaluru: The department of space (DoS), AIM, and Niti Aayog have jointly organized a workshop on Thursday on empowering startups and MSMEs. Secretary, DoS, explained various opportunities and provisions being created within Indian Space Research Organisation (ISRO) to encourage the startups including the buy-back arrangements. He also announced the startup programme under ISRO called Space […]