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Apple Is First US Company To Reach $1.5T Market Cap

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trillion market capitalization, 9to5Mac reported. . In 2018 , Ives, a software and technology analyst at Wedbush Securities in Los Angeles, said Apple was on its way to set a U.S. On Wednesday (June 10), Apple stock climbed 2 percent to $352 a share, making the tech giant the first U.S. company to reach a $1.52

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Fintech Deals to Watch: Growing in the Digital World

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In a zeitgeist moment of what is happening in payments market disruption, the Los Angeles’ Staples Center was renamed Crypto.com Arena. Digital Security. Lastly, at this writing, Rockbridge Growth Equity (ties to Rocket Mortgage ) and CU Solutions Group acquired database marketing provider Marquis from Falfurrias Capital.

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Logistics Startup Serving HelloFresh Lands $4.3M

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million in new venture capital (VC) funding. 18) reports from TechCrunch said AxleHire — which facilitates last-mile logistics and delivery for subscription commerce and consumer packaged goods (CPG) firms like HelloFresh and La Boulangerie — has secured the new funding from contributors like Acorn Pacific, RGA Ventures and other backers.

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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

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What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? Now: Market caps are a simple, loose shorthand for how much it would take to acquire a company (without necessarily taking into account capital structure).

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As Sharing Services Face Backlash, Payments Takes A Bigger Role

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At the same time, payments technology is advancing in the shared economy world, providing a counterforce of sorts. Those controversies have notably played out in San Francisco , though other cities, including Chicago and Los Angeles, are going through them at their own pace. Sharing Backlashes.

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Kohl’s Sizzles, ICOs Fizzle And Juicero’s Cold-Pressed Sales Run Dry

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The physical retailer is joining forces with the online juggernaut and is debuting a “smart home” experience across 10 stores in Chicago and Los Angeles. Folks can buy Amazon products directly at Kohl’s, including smart home offerings — cementing, perhaps, Kohl’s as purveyors of cutting-edge technology. Not far enough, it seems.

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Medicare Advantage Change Could Lead To Payments Opportunities

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In May, the company accounted a $50 million Series C funding round led by Naspers Ventures, with existing investors Thrive Capital and Andreessen Horowitz also taking part. The company will use that fresh capital in large part to fund expansion of its caregiver network. That round brought the company’s total funding to $115 million.