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DoorDash valued at $16 billion after new funding round — Axios

DoorDash has raised $400 million in new equity funding at a $16 billion post-money valuation, writes Dan Primack in an Axios exclusive.

Here is the link: https://www.axios.com/doordash-funding-16-billion-valuation-coronavirus-96842ef2-8be3-4d9b-8d87-b2d2b85d65b9.html

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Island raises $175M

Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.

Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison — Gizmodo

Zhao pleaded guilty to money laundering violations as part of Binance’s agreement with the United States Department of Justice, writes Maxwell Zeff in Gizmodo.