Saudi Prince Alwaleed bin Talal optimistic about Twitter investment: CNBC

RIYADH (Reuters) – Saudi Prince Alwaleed bin Talal, who owns investment firm Kingdom Holding, said in an interview with CNBC on Monday that he was optimistic about his investment in Twitter. FILE PHOTO: Saudi Arabian Prince Al-Waleed bin Talal arrives at the Elysee palace in Paris, France, to attend a meeting with French President, September […] Read more »

Bain Capital and Andreessen Horowitz Confirm Investment in New Cryptocurrency Basecoin

Basecoin will be created by three Princeton University computer science graduates. Bain Capital Ventures and Andreessen Horowitz have participated in the pre-sale of a new cryptocurrency called basecoin, the companies have confirmed. Basecoin will be created by three Princeton University computer science graduates, according to Intangible Labs chief executive officer and co-founder Nader Al-Naji on […] Read more »

PureSec picks up investment because serverless is exciting

While in Israel late last year, I caught up with Shaked Zin and Avi Shulman, co-founders of security company PureSec. PureSec was in a bit of a conundrum. It was doing important work but in a space that was still nascent: serverless computing. As such, it was having a hard time both articulating its value […] Read more »

Plat.One acquisition marks start of $2B IoT investment plan for SAP

SAP has bought IoT software developer Plat.One, marking the start of a plan to invest US$ 2 billion in the internet of things over the next five years. Some of those billions will be spent on the creation of IoT development labs around the world, SAP said Wednesday. It already has plans for such labs […] Read more »