Smart ring maker Oura raises $900M from Fidelity

[ad_1] Finnish health tech company Oura has raised $900 million in fresh funding led by Fidelity Management & Research Company, with participation from new investor ICONIQ and contributions from Whale Rock and Atreides. The company said today that this funding will value it at “approximately $11 billion,” more than double …

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Trump tariffs on timber, furniture take effect

[ad_1] US President Donald Trump’s latest action brings duties on Canadian lumber to 45 percent. Photo: SAUL LOEB / AFPSource: AFP US President Donald Trump’s fresh tariffs on imported wood, furniture and kitchen cabinets took effect Tuesday, a development likely to fuel building costs and pile pressure on homebuyers in …

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Grindr’s owners may take it private after a financial squeeze

[ad_1] Grindr’s majority owners are scrambling to take the LGBTQ+ dating app private after a stock decline triggered a personal financial crisis, according to a report from Semafor. The owners in question are Raymond Zage, a former hedge fund manager and U.S. expat now based in Singapore, and James Lu, …

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