Financial Markets
Top stories summarized by our editors
8/16/2018

Stephen Brodsky has been appointed chief strategy officer at US futures broker R.J. O'Brien. Brodsky previously served as CEO of Spot Trading.

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The Trade (UK)
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Spot Trading
8/16/2018

The historical price correlation between nickel and stainless steel has changed since nickel began outperforming stainless steel during the fourth quarter, with nickel appearing more correlated with cobalt as part of the lithium-ion battery market. "The projected growth in [electric-vehicle] battery demand has electrified the nickel price," Andy Home writes.

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Reuters
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Nickel, Andy Home
8/16/2018

Twistlock, a startup that protects cloud native environments from cyberattacks, raised $33 million in its most recent funding round. Sales, marketing and engineering efforts will be expanded with the money.

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TechCrunch
8/16/2018

Full Harvest, a marketplace that helps farmers find commercial buyers for less-than-perfect and surplus produce, raised $8.5 million in a recent funding round. With the money, it intends to increase the size of its operations, sales and technology teams by 200%.

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VentureBeat
8/16/2018

Arcadia Power, a startup that offers products and services intended to make renewable energy more widely available to residential customers, raised $25 million in its latest funding round. With the additional capital, it will broaden its offerings and step up its marketing.

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TechCrunch
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Arcadia Power
8/16/2018

Legislation that would upgrade an office of the Department of Homeland Security to a full agency easily passed in the House in December but has gone nowhere in the Senate. The office is responsible for protecting the nation's infrastructure and the federal government's networks from cyberattacks.

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The Hill
8/16/2018

Clobotics, a startup based in Seattle and Shanghai that develops technology based on artificial intelligence, raised $11 million in its most recent funding round. Investors included Wangsu Science & Technology.

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VentureBeat
8/16/2018

Coinbase has acquired identity verification startup Distributed Systems to help build a platform that may end up being called Login with Coinbase. In addition to buying Distributed's technology, Coinbase is hiring its team.

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TechCrunch
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Coinbase
8/16/2018

Valence Group, a company that works with businesses to help them take advantage of technology, has acquired augmented reality and virtual reality startup 8ninths. The startup's 10-person team will be hired by Valence.

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GeekWire
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Valence Group, Valence
8/16/2018

Entrepreneurs dealing with venture capitalists from Asia will notice differences in approach compared with American VCs, but working toward mutually acceptable investment terms is worth the effort, according to lawyer Daniel Zimmermann. "Shunning Asian capital may ultimately cost you down the line," he writes.

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TechCrunch