This week in tech news has been huge. A market-shaking announcement in Google’s restructuring spiked the company’s stock by 6 percent.
You probably didn’t miss that one, but if you’ve had a busy week we’ve got you covered with a collection of the most important tech news snapped up by the Index algorithms:
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.
Hungry for more?
Track what’s happening in tech throughout the week with Index.