By Paul R. La Monica, CNN Business CHARLOTTE – Robinhood is still losing money. The platform reported a drop in the number of users in its most recent quarter. Is it time for the struggling online broker to consider a sale? Even though Robinhood’s stock has rebounded a bit...
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With the advent of investment crowdfunding coming on the scene in North Carolina, some business owners have chosen to pursue the new and innovative route of “community capital,” putting forth their business opportunity to North Carolina residents.
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Can a fund controlled by artificial intelligence do better than a human manager?
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Bitconnect, a United Kingdom company that offers trading of its own Bitcoin-like digital currency, has been issued a temporary cease and desist order by the North Carolina Secretary of State. The company was selling securities in the state without registering to do so, a violation of the state securities...
Read MoreResearch Triangle Park-based TransEnertix (NYSEMKT:TRXC) stock is up nearly 9 percent to $2.31 a share in pre-market trading Tuesday following news that it has agreed to sell its SurgiBot system to a Chinese firm for $29 million. The FDA rejected TransEnterix’s Surgibot submission last year. The medical device company agreed to transfer ownership of the SurgiBot line to China’s Great Belief International Limited (GBIL). TranEnterix will receive $7.5 million by the end of December and another $7.5 million by March, 2018. The second payment includes a $3 million equity investment in Transeneterix common stock at $2.33 a share. The...
Read MoreAs he opened the annual CED Tech Venture Conference this afternoon, investor and Carbon co-founder Steve Nelson wasn’t shy about revealing the magnitude of his noteworthy stage partner. It was the first time the prolific Kleiner Perkins Caufield & Byers investor John Doerr had spoken publicly in North Carolina...
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