Monday, September 14, 2020

Swedish online payments startup Klarna raises $650M led by Silver Lake Partners, valuing the company at $10.6B (Riley de León/CNBC)

Riley de León / CNBC:
Swedish online payments startup Klarna raises $650M led by Silver Lake Partners, valuing the company at $10.6B  —  - Klarna nearly doubled its prior valuation in the new $650 million round, led by Silver Lake Partners, from $5.5 billion to $10.6 billion.  — Known for its “buy now …



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...