An investment fund of J.P. Morgan is paying $100 million for a 7 percent stake of online and mobile engagement tool maker Conduit, which is now valued at $1.3 billion. Conduit says it’s the first $1 billion Israeli Internet company. Read more »
Jawbone, a San Francisco-based company that makes mobile lifestyle accessories such as Jambox and Up, a personal health device has raised another $40 million in new funds from Deutsche Telekom, Kleiner Perkins Caufield & Byers, private investor Yuri Milner and J.P. Morgan Asset Management. Read more »
Netflix faced Wall Street analysts Monday to explain why its new subscription plans were a good idea. While many on Wall Street were surprised by the effect it will have on customer additions in the short-term, most agreed that the change won’t affect the long-term story. Read more »
