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
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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