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Corporation
newscorp.com

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Investments

31

Portfolio Exits

26

Partners & Customers

10

About News Corp

News Corp (NASDAQ: NWSA) is a diversified global media company with operations in six industry segments: cable network programming; filmed entertainment; television; direct broadcast satellite television; publishing; and other. The activities of News Corporation are conducted principally in the United States, Continental Europe, the United Kingdom, Australia, Asia, and Latin America.

News Corp Headquarter Location

1211 Avenue of the Americas

New York, New York, 10036-8706,

United States

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Expert Collections containing News Corp

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find News Corp in 2 Expert Collections, including Fortune 500 Investor list.

F

Fortune 500 Investor list

590 items

This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.

F

Food Waste

1 items

Latest News Corp News

May 24, 2022, 23:40 ET New Fintech Startup economyx.AI Uses Machine Learning to Pull Insights From US Economic News

May 25, 2022

News provided by Share this article Share this article The US economy is $25 trillion of activity, by 330 million people, over 3.8 million square miles. Wanna to see how it's all doing? AUSTIN, Texas , May 24, 2022 /PRNewswire/ -- Google has been spectacularly successful in its mission to organize the world's information and make it universally accessible. But is more information always better? A simple search like "how's the economy doing?" now retrieves thousands of results. Going through them leaves most people feeling confused and drained. It's a state psychologists call decision fatigue, when the brain runs out of mental energy needed to make sound decisions. Austin, TX based financial information startup, economyx.AI is aiming to build a world where AI takes on some of that cognitive load. "We see AI as a tool to enable cognitive amplification." says co-founder, Akeel Din. "Our AI presents users with the insights they're looking for rather than raw information. Asking 'how's the economy doing?' on our site will give you actual answers, presented in a way that the brain can easily absorb. It frees your mind to make decisions based on those insights." He went on to add. Financial professionals are already benefiting. "I get a lot of engagement through social media." says Matt Raine a financial advisor at TG Asset Management. "But It was hard work to research and post quality updates every day. economyx.AI gives me ready to use insights on sectors and regions. They make perfect social media posts." added Raine. Timely economic insights are just one reason why economyx.AI content is showing up everywhere. Business and finance journalists, bloggers and social media commentators are given generous copyright terms that let them use content directly in their articles, blogs and videos just by attribution. About economyx.AI economyx.AI is on a mission to distill the world's information, extract actionable insights, and present them in a way that reduces cognitive stress and frees your mind to make better decisions. The US economy is $25 trillion of activity, by 330 million people, over 3.8 million square miles. Wanna to see how it's all doing? PRESS CONTACT

May 25, 2022
News in brief

News Corp Investments

31 Investments

News Corp has made 31 investments. Their latest investment was in Wimp 2 Warrior as part of their Unattributed on July 7, 2021.

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News Corp Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/8/2021

Unattributed

Wimp 2 Warrior

$7.5M

Yes

1

2/18/2021

Series A

Bricklet

Yes

1

1/9/2020

Convertible Note

Elara Technologies

$70M

No

12

9/7/2017

Series B

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$99M

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10

11/15/2016

Seed VC

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$99M

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10

Date

7/8/2021

2/18/2021

1/9/2020

9/7/2017

11/15/2016

Round

Unattributed

Series A

Convertible Note

Series B

Seed VC

Company

Wimp 2 Warrior

Bricklet

Elara Technologies

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Amount

$7.5M

$70M

$99M

$99M

New?

Yes

Yes

No

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Co-Investors

Sources

1

1

12

10

10

News Corp Portfolio Exits

26 Portfolio Exits

News Corp has 26 portfolio exits. Their latest portfolio exit was Matterport on July 22, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/22/2021

Reverse Merger

$99M

9

5/4/2021

Acquired

22

10/29/2020

Corporate Majority

1

7/30/2020

Acquired - II

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10

1/6/2020

Acquired - II

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10

Date

7/22/2021

5/4/2021

10/29/2020

7/30/2020

1/6/2020

Exit

Reverse Merger

Acquired

Corporate Majority

Acquired - II

Acquired - II

Companies

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Valuation

$99M

Acquirer

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Sources

9

22

1

10

10

News Corp Acquisitions

32 Acquisitions

News Corp acquired 32 companies. Their latest acquisition was IHS Markit - Base Chemicals Business on December 27, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

12/27/2021

$99M

Acquired Unit

12

8/2/2021

$99M

Acquired - II

4

3/29/2021

$99M

Acquired Unit

17

3/25/2021

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$99M

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10

10/7/2018

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$99M

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10

Date

12/27/2021

8/2/2021

3/29/2021

3/25/2021

10/7/2018

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired Unit

Acquired - II

Acquired Unit

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Sources

12

4

17

10

10

News Corp Partners & Customers

10 Partners and customers

News Corp has 10 strategic partners and customers. News Corp recently partnered with Tekkorp Capital on April 4, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

4/21/2022

Partner

United States

Tekkorp Capital joins forces with News Corp Australia for sports betting venture

Tekkorp Capital will join forces with News Corp Australia and online sports betting pioneer Matt Tripp to form a new sports betting venture .

1

4/21/2022

Partner

United States

Tekkorp confirms Australian sports betting partnership with News Corp

Tekkorp Capital confirms Australian sports betting partnership with News Corp.

1

3/15/2021

Client

United States

News Corp and Facebook Reach Agreement in Australia. Expands News Corp-Facebook Connection, Which Began With Deal In US.

News Corp Australia now has agreements with Facebook , Google and Apple to provide access to journalism and related content for a potential audience of millions around the world .

1

10/18/2019

Licensor

United States

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10

9/17/2019

Partner

United States

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10

Date

4/21/2022

4/21/2022

3/15/2021

10/18/2019

9/17/2019

Type

Partner

Partner

Client

Licensor

Partner

Business Partner

Country

United States

United States

United States

United States

United States

News Snippet

Tekkorp Capital joins forces with News Corp Australia for sports betting venture

Tekkorp Capital will join forces with News Corp Australia and online sports betting pioneer Matt Tripp to form a new sports betting venture .

Tekkorp confirms Australian sports betting partnership with News Corp

Tekkorp Capital confirms Australian sports betting partnership with News Corp.

News Corp and Facebook Reach Agreement in Australia. Expands News Corp-Facebook Connection, Which Began With Deal In US.

News Corp Australia now has agreements with Facebook , Google and Apple to provide access to journalism and related content for a potential audience of millions around the world .

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Sources

1

1

1

10

10

News Corp Team

25 Team Members

News Corp has 25 team members, including current Executive Vice President, Antoinette Bush.

Name

Work History

Title

Status

Manish Shah

Founder

Current

Antoinette Bush

Executive Vice President

Current

Ruth Altchek

Senior Vice President

Current

Lalit Ahuja

Chief Executive Officer

Former

Jason Hirschhorn

President, Chief Product Officer

Former

Name

Manish Shah

Antoinette Bush

Ruth Altchek

Lalit Ahuja

Jason Hirschhorn

Work History

Title

Founder

Executive Vice President

Senior Vice President

Chief Executive Officer

President, Chief Product Officer

Status

Current

Current

Current

Former

Former

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