Billionaire Hedge Fund Manager Paulson Leads Funds To Bermuda Tax Dodge Aiding Billionaires

JustKitchen, a cloud kitchen startup, will start trading on the Toronto Stock Exchange (TSX) Venture Exchange on Thursday morning. It is doing a direct listing of its common shares, having already raised $8 million at a $30 million valuation. The company says this makes it one of the first—if not the first—cloud kitchen company to go public in North America.

A startup out of Berlin that’s built and grown a successful online language learning platform based around live teachers and virtual classrooms is announcing some funding today to continue expanding its business. Lingoda, which connects students who want to learn a language — currently English, Spanish, French or German — with native-speaking teachers who run thousands of 24/7 live, immersion classes across a range of language levels, has picked up $67 million (€57 million).

Fintech startup N26 is launching N26 Insurance as it plans to offer insurance products that you can access from the company’s mobile app and website. The first insurance product is a smartphone insurance plan for German customers. But the startup doesn’t plan to stop there. N26 says it is also working on private liability insurance, home insurance, life insurance, pet insurance and coverage for bikes, electronics and large purchases. The idea is that you’ll be able to purchase coverage, manage your plans and initiate claims within the N26 app.

The manure spilled into waterways in Kossuth County and Lyon County Wednesday, according to an Iowa DNR news release.       

The Biden administration is expected to announce sanctions against Russian officials and entities for their alleged roles in election interference and the SolarWinds hack, according to multiple reports Wednesday night.

After years of being majority-owned by another company, VMware Inc. finally will separate from its parent, now Dell Technologies, but the deal will not resolve the underlying issues for the virtualization software maker.