'Quantamental' investing is suddenly a buzzword in the hedge fund world, and we talked to the CEO of a fintech that just nabbed $8 million to help power the approach

Boosted.ai, a fintech that helps fundamental managers use quantitative skills, just raised an $8 million Series A led by Portag3 Ventures.

May 06, 2020   |   View Online »

'Quantamental' investing is suddenly a buzzword in the hedge fund world, and we talked to the CEO of a fintech that just nabbed $8 million to help power the approach Dan DeFrancesco | Boosted.ai, a fintech that helps fundamental managers use quantitative skills, just raised an $8 million Series A led by Portag3 Ventures. Read More »

These 22 well-known companies are vulnerable to acquisitions by private-equity buyers due to the coronavirus, BTIG says Akin Oyedele | The crisis has cheapened the valuations of many popular companies and made them targets for private-equity buyers. Read More »

The CEOs of Google Cloud and $21 billion data analysis company Splunk unveil a new alliance that shows the limits of sticking to one platform: 'It broadens our reach into a critical IT community' Benjamin Pimentel | Splunk is turning to Google Cloud for its cloud expansion, a big win for Google that highlights the push toward using more than one cloud platform. Read More »

There are more than 100 potential coronavirus vaccines in the works. Here are the top efforts to watch, including the 20 programs expected to start human trials this year. Andrew Dunn | Research is moving historically fast to produce a coronavirus vaccine, with eight vaccine candidates already in human trials. Read More »

11 science-backed ways your parents' behaviors shaped who you are today Allana Akhtar,Caroline Hroncich | If your mother juggled multiple jobs, you're likely to get stressed. If your parents set high expectations for you, you probably did better in school. Read More »

$54 billion VMware told employees it's freezing salaries, cutting CEO and other executive pay, and suspending 401(k) matches over the impact of COVID-19 Benjamin Pimentel | VMware is freezing salaries and suspending 401(k) matches as COVID-19 takes a toll on its business. Top execs and board members will take salary cuts. Read More »

Uber CEO tells employees that it is finalizing layoffs as fears circulate among staff that 4,000 jobs will be cut Julie Bort | Uber's biggest team reports to its outgoing chief technology officer, and its second biggest is self-driving cars, according to internal documents. Read More »

Leaked memo reveals United Airlines will force administrative workers to take unpaid days off. The airline is even suggesting employees quit their jobs ahead of layoffs. David Slotnick | United Airlines said it'll require management and administrative workers to take 20 unpaid days off this summer ahead of fall layoffs due to COVID-19. Read More »

A memo from Airbnb's CEO announcing huge staff cuts is a case study in how leaders can conduct layoffs in a compassionate way Shana Lebowitz | Airbnb is cutting about one quarter of its staff. CEO Brian Chesky's memo to the company shows respect and compassion for all employees affected. Read More »

Anheuser-Busch InBev's global chief marketing officer reveals how its $1 billion innovation unit ZX Ventures is helping the company weather the coronavirus Tanya Dua | The company's response has centered on people spending more time cooking, using in-home entertainment, and socializing in smaller groups. Read More »

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