TripAdvisor shares drop following China app ban

tripadvisor-shares-drop-following-china-app-ban

The Cyberspace Administration of China (CAC) announced it has banned 105 mobile apps for violating Chinese internet regulations. While almost all of the apps are made by Chinese developers, American travel booking and review site TripAdvisor is also on the list. TripAdvisor shares dipped on Nasdaq after the CAC’s announcement, but began recovering in after-hours … Read more

Ada Ventures closes first fund at $50M, investing in diverse founders tacking society’s problems

ada-ventures-closes-first-fund-at-$50m,-investing-in-diverse-founders-tacking-society’s-problems

A year ago this week Ada Ventures — a U.K./Europe-focused VC with an “impact twist” aiming to invest in diverse founders tackling societal problems — launched onstage at TechCrunch Disrupt. (You can watch the video of that launch below.) Today Ada announces that it has closed its first fund at $50 million. Cornerstone LPs in … Read more