LeEco, a technology giant operating ventures across consumer electronics, automobiles, film and other business in China and worldwide, is in advance discussions of raising $1.4B from certain strategic investors to alleviate a cash shortage due to breathless expansion.
UK’s Everledger partners with IBM for a blockchain platform to detect wine fraudsters – FinTech Daily # 159
Everledger, a Blockchain-based fraud prevention startup, has partnered with IBM to develop and deploy a blockchain-based system that will be utilized to crackdown wine fraudsters.
DOE opens Funding Opportunity Announcement for algae-based biofuels, selects 6 projects – Energy Daily # 130
US DOE opens Funding Opportunity Announcement for algae-based biofuels, selects 6 projects.