cover image of An Ugly September, Again?

Investors are preparing for more market volatility in the coming weeks even if equities hoover near fresh highs after seven months of straight gains.

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Founded in March 2010 by Ben Silbermann, Evan Sharp, and Paul Sciarra, Pinterest has grown to become what it describes as “the world’s catalog of ideas.” As of June 2021, the platform had over 454 million users worldwide.

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Founded in 2007, MongoDB has now become the most valuable open-source company. Through this model, the company puts its code available for free to third parties who then build their own solutions around the existing code.

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Sea Limited, the e-commerce, gaming and fintech company is looking to raise $6.3B in a share and convertible bond sale in what would be Southeast Asia's largest ever capital raising. This fresh capital intake would help the company unlock new markets and fund acquisitions.

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Yandex took over Uber's stake in its self-driving group and its interests in Yandex.Eats, Yandex.Lavka and Yandex.Delivery. It spent $ 1B on it and gave the Russian company 100% ownership over these four business segments.

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 cover image of QT Group's Earnings: Strong Growth And Profitability

Qt’s net sales for the second quarter amounted to EUR 33,925 thousand (EUR 18,081 thousand), up 87.6 percent. License sales and consulting grew by 119.6 percent, while maintenance revenue increased by 5.8 percent.

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 cover image of Roblox Acquires Guilded

Roblox announced Monday that it acquired Guilded, a company building a chat platform for gamers. While Discord has grown beyond the competitive gaming world, Guilded has stayed focussed on it and added features such as events planning and calendars.

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 cover image of SoFi Plunges, A Buying Opportunity?

SoFi Technologies reported a net loss of $ 165m, down from last year's profit of $ 7.8m. However, adjusted net revenue grew 74% year over year as member growth accelerated to 113%.

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 cover image of The Tech Boom Is Over?

Despite reporting stellar results for the second quarter, many tech companies were punished by investors for their more cautious forecasts. Major lockdown-winners are now warning that growth going forward might be pressured as consumers get back to their pre-pandemic lives.

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 cover image of Naked Raises Fresh Cash From Naspers

South African insurtech startup, Naked, has raised $ 11m from Naspers. The platform was founded in 2018 by Alex Thomson, Sumarie Greybe and Ernest North.

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 cover image of Fortinet, Cybersecurity Leader

Founded back in 2000 by Ken Xie and Michael Xie, and headquartered in Sunnyvale, California, Fortinet (NASDAQ: FTNT) has grown to become one of the largest automated cybersecurity solutions providers globally.

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