Business News Weekly ─ May 13, 2019

“Startup firm VTS joins unicorn club” ─ from an article in the Wall Street Journal. The real estate technology firm raise $90 million and the latest funding around, one the largest venture investments ever in the commercial property market. This place the value over $1 billion

“Google’s music efforts flounder” from an article in the Wall Street Journal. The Internet giant’s subscriptions have been stagnant in recent months.

“Tech giants strive to find new growth” ─ from an article in the Wall Street Journal. Because honestly Google, Facebook and other tech giants have long tinkered with ways to grow outside the core business they dominate. With a limited number of people in the world, it gets too tougher to get more. so ultimately they have to have something more going for themselves to maintain their growth rates.

“Uber works to avoid Lyft’s IPO missteps” ─ from an article in the Wall Street Journal. It says the ride sharing giant cuts valuation, studies big hedge that helped sink its rival’s debut.

“Investors give Tesla 2.35 billion jolt” ─ from an article in the Wall Street Journal. Stock and bond sales provides much-needed cash as the automaker navigates rough patch.

“Facebook plans for crypto payments” ─ from an article in the Wall Street Journal. Facebook is recruiting thousands of financial firms and online merchants to help launch a cryptocurrency based payment system on the back of its gigantic social network.