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TransferWise raises $280 million from Old Mutual and IVP at $1.6 billion valuation

TransferWise’s founders Taavet Hinrikus and Kristo Kaarmann. TransferWise TransferWise raises $280 million at valuation said to be around $1.6 billion. Asset manager Old Mutual Global Investors and Silicon Valley VC IVP lead the round. The money will be used to fund expansion in Asia. LONDON — International money transfer service TransferWise has raised $280 million (£211.2 million) from asset manager …

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10 things in tech you need to know today (AAPL, FB, GOOG, MSFT)

Facebook CEO Mark Zuckerberg. Getty Good morning! Here is the tech news you need to know this Thursday. 1. Facebook crushed its third-quarter earnings but warned investors that future profitability will be impacted by increased investments in security. The social network grew its daily active users to 1.37 billion, a 50 million user increase from the previous quarter. 2. Apple …

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MLB legend David Ortiz had a fantastic reaction to seeing Carlos Correa propose to his girlfriend after winning the World Series

Fox Sports 1 Carlos Correa proposed to his girlfriend while being interviewed after winning the World Series. Daniella Rodriguez, Miss Texas USA, said yes. David Ortiz was watching live and for once seemed at a loss for words. It is rare to see Boston Red Sox legend David Ortiz at a loss for words, but that is exactly what happened …

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Meet the world's 10 most powerful women

Angela Merkel is still the most powerful woman in the world. AP/Jens Meyer Forbes released its annual 2018 World’s 100 Most Powerful Women list. The rankings are based on money, media presence, influence, and impact. Melinda Gates is the most powerful American woman to make the list. Angela Merkel is still the most powerful woman in the world. The German …

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UPDATE: 2 people dead, 1 injured in Walmart shooting in Colorado

Police officers respond to the Walmart shooting in Thornton, Colorado.Twitter/@MicahGrimesv Police in Colorado said at least two people were killed and one person was injured after a shooting at a Walmart in Thornton, Colorado, on Wednesday night. The Thornton Police Department confirmed the shooting on its Twitter account. The Thornton Police Department also said on its Twitter account that the …

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A grade school backed by Mark Zuckerberg is closing its Silicon Valley location after spending $40 million a year

Darren Weaver A new kind of school crafted by the minds and wallets of Silicon Valley influencers is struggling. AltSchool, an educational software developer and network of “micro-schools” with nine locations in California and New York, is shuttering at least one location and is scaling back its ambitious plans for expansion, according to a new report in Bloomberg. Max Ventilla, …

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Tesla fired 700 employees after performance reviews in the third quarter (TSLA)

Reuters/Bobby Yip; Business Insider/Dave Smith Tesla CEO Elon Musk said 700 employees were fired after performance reviews. Musk condemned coverage of the terminations, saying journalists failed to provide context. Tesla has declined to say how many people were fired before Wednesday’s earnings call. Tesla CEO Elon Musk said 700 employees were fired after performance reviews in the third quarter — …

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These 15 women opened up about their sexual assault experiences thanks to the #metoo campaign

Theresa Joy wears a t-shirt that says “If you’re not outraged you’re not paying attention.” Lucy Nicholson/Reuters At the Women’s Convention in Detroit, women shared their stories of sexual abuse and harassment. Many said that the #MeToo movement helped give them the courage to speak up. They hope that talking about the issue will help prevent more people from staying …

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This simple hack will prevent your Thanksgiving turkey from being dry

Place frozen butter and herb slices under the turkey’s skin. Sarah Schmalbruch/INSIDER According to the experts from Butterball’s Turkey Talk Line, you don’t need to baste your turkey. Instead, you can use a combination of butter and herbs to season it. Even better, they suggest a mess-free way of seasoning your turkey with butter and herbs: freezing the butter and …

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