Last week, the California state Assembly approved AB 155, also known as the “Amazon tax” bill, which would force online retailers with in-state affiliates to collect sales tax from consumers. The approval puts the bill one major step closer to approval, but the question remains, Will it help or hurt California?
Lady Gaga and Google's Eric Schimdt are both new investors in Backplane, a startup for connecting fans with music and sports stars.
Personal finance website Bankrate is planning to raise $320 million in its IPO by selling 12.5 million shares at a price of $14-$16 per share.
Birch Communications, an IP-based telecommunications and managed services provider to small- and medium-sized businesses, secured a $77.5 million finance package to repay outstanding indebtedness, fund future acquisitions, fund network build-out and for general corporate purposes.
Infineta Systems, a provider of Hyper-scale WAN optimization systems, closed a $15 million Series B funding round led by Rembrandt Venture Partners, with participation from Alloy Ventures and North Bridge Venture Partners.
The agency also published draft guidance on the use of AI in drug development
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Steven Loeb
The biggest focus areas for AI investing are healthcare and biotech
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Steven Loeb
It will complete and submit forms, and integrate with state benefit systems
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Steven Loeb
