Weekly Roundup: Tech and Finance News
Private Equity Firm Closes Second Technology Fund
Charlesbank, a private equity firm, has closed its second technology fund. This news comes amidst a flurry of activity in the private equity space, with firms like Pennybacker and Crescent Capital also making moves.
Private equity firms are increasingly investing in technology.
Media News: Journalists on the Move
Katie Roof, a reporter at Bloomberg News, is moving to the venture capital and technology team in California. Roof has a background in covering startups and venture capital, and has also worked at the Wall Street Journal and TechCrunch.
Journalists are on the move, with Katie Roof joining Bloomberg’s venture capital and technology team.
US Sanctions Russian Cybersecurity Firm
The US has sanctioned 12 senior executives at AO Kaspersky Lab, a Russian cybersecurity firm, citing national security concerns. The move comes as the US seeks to protect its cyber domain from malicious threats.
The US has sanctioned Russian cybersecurity firm AO Kaspersky Lab, citing national security concerns.
Walmart Partners with Agritask to Improve Fruit Crop Yields
Walmart is partnering with Agritask, a crop supply intelligence company, to improve fruit crop yields. The partnership will use remote-sensing and data analytics tools to provide real-time insights on seasonal fruit crops.
Walmart is partnering with Agritask to improve fruit crop yields using remote-sensing and data analytics tools.