Thursday, 25 December 2014
Last updated 1 day ago
Dec 12 2013 | 1:06pm ET
Coatue Management is the newest investor in photo-messaging service Snapchat.
Snapchat, which allows users to send pictures that are deleted after only a few seconds, announced a new $50 million round of fundraising this week. New York-based Coatue provided the whole amount.
The investment comes just a month after Snapchat reportedly turned down a $3 billion cash offer from Facebook Inc. It was the second time the company rejected an acquisition bid from the social-networking giant.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.