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PRESS DIGEST- Financial Times - June 3


By Reuters Staff
2 Min Read
June 3 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Headlines
- Dropbox attracts activist interest from Elliott as shares languish on.ft.com/3cwgegD
- Twitter removes post by Nigeria s president threatening violence on.ft.com/3ccv6Az
- Trafigura warned Credit Suisse over Gupta invoice last year on.ft.com/3yQYTIy
Overview
- Deutsche Bank has told its roughly 1,500 U.S. investment bank employees that they must be back in the office by early September as it became the latest Wall Street lender to spell out its return-to-work policy. ....

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Pipe raises $250 million in funding at $2 billion valuation


By Reuters Staff
2 Min Read
(Reuters) -Pipe, a startup that lets companies sell their recurring revenue streams on its platform, said on Wednesday it had raised $250 million at a valuation of $2 billion.
The latest funding round was led by venture capital firm Greenspring Associates and included new investors such as Morgan Stanley’s investment arm Counterpoint Global, SBI Investment and CreditEase FinTech Investment Fund.
Dubbed the “NASDAQ for revenue,” Miami, Florida-based Pipe operates a trading platform that connects investors with companies seeking to raise capital without dilution. It was founded in 2019 by Harry Hurst, Josh Mangel and Zain Allarakhia.
More than 4,000 companies have signed up on the company’s trading platform since its June 2020 launch. ....

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