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This week Stripe announced it’s raising another $250 million in funding at a pre-money valuation of $35 billion.
Shopify (NYSE: SHOP) agreed to buy 6 River Systems, a Waltham, Mass.-based provider of warehouse fulfillment robotics, for $450 million in cash and stock (60/40 split).
Voyage, an autonomous ride-hail startup focused on retirement communities, raised $31 million in Series B funding. Franklin Templeton led, and was joined by Khosla Ventures, Chevron Technology Ventures, and the VC arm of Jaguar Land Rover.
Amazon is reportedly testing a biometric scanner for payments, according to the New York Post. Amazon hopes to roll out the system, codenamed "Orville," to select Whole Foods locations in the coming months.
According to the Recording Industry Association of America’s mid-year report revenues are up 18% to $5.4 billion and streaming accounts for 80% of that revenue.
Admittedly I've answered this question many times as, "Around 6 months." While this is true, that's a vague answer for someone in data analytics. So I did some research.
I'm sure WeWork CEO Adam Neumann will write a book on this shortly but I'll do him a favor and draft the abstract.