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
“This event was off the charts”
Gary Vaynerchuk was so impressed with TNW Conference 2016 he paused mid-talk to applaud us.
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.