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The Sudden Rise of Arab Startups

A few months ago, Tarek Kabrit, co-owner of Seez, the startup that makes the app, left a stellar career that included stints at Deutsche Bank AG and the Abu Dhabi sovereign fund Mubadala Investment Co. to focus on his new venture.And while that’s a relatively common move in North America and Western Europe, it’s been virtually unheard of in the…
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Alphabet is reportedly mulling a $1B investment in Lyft

It's about as good a timing as any for Lyft to capitalize on the tidal wave of negative publicity that Uber is facing right now, and it looks like it might end up with a significant investment from Alphabet in the middle of that train wreck, according to a report by Axios.Still, Alphabet appears to be discussing a $1 billion investment in Lyft in…
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Investment Values Facebook at $10 Billion

Update | 3:02 p.m.: The New York Times’s Claire Cain Miller provides some more detail on the Facebook deal in this article.Digital Sky Technologies, an Internet investment company based in Moscow, said Tuesday it has invested $200 million in Facebook in exchange for a 1.96 percent stake in the company, and would eventually offer to buy at least…
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