Seattle’s PSL Ventures will invest $80 million in early-stage tech startups
Pioneer Square Labs announced the launch of PSL Ventures, a Seattle-based venture capital fund that invests in early-stage technology companies. The $80 million venture fund will invest in companies all over the Pacific Northwest. The fund also will participate in financings in spinouts of PSL’s affiliated startup studio, which is called Pioneer Square Labs. The fund’s limited partners include […]
SEOUL: Samsung Electronics Co Ltd said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly profit on Thursday thanks to strong demand for semiconductors used in servers.
NEW YORK: Wall Street stocks finished a volatile session mostly higher on Wednesday (Apr 25) with strong earnings from Boeing offsetting worries about higher interest rates.
The Dow Jones Industrial Average added 59.70 points (0.25 per cent) to close the session at 24,083.83.
The broad-based S&P ...