This week in tech news has been huge. A market-shaking announcement in Google’s restructuring spiked the company’s stock by 6 percent.
This week in numbers
Index filed 138 funding events this week. Median investment amount was $1.7 million, a decrease of 66 percent compared to last week. The largest event was a mammoth $4,6 billion strategic investment by Alibaba into China-based electronics retailer Suning.
Four breakout funding rounds
Adobe and Pagefair report says 198m people block ads, costing publishers over $22B this year [The Next Web]
Infor Buys Supply Chain Management Firm GT Nexus [Wall Street Journal]
That’s our overview of the week in funding news and trending headlines, refined from raw Index data and curated by our team.
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Track what’s happening in tech throughout the week with Index.