Fund raising

Tencent Shares Fall As Biggest Investor Says It Will Sell

Shares in Chinese internet giant Tencent fall after biggest investor Naspers says it will sell shares to fund buyback scheme,…

2 years ago

Toshiba Board Set For Vote That Could Back Buyout Strategy

Toshiba board expected to approve appointment of two external directors from hedge fund investors, making buyout more likely

2 years ago

Nasdaq Listing Most Likely For ARM, Says Softbank Boss

Bad news for London's FTSE? Japanese owner of British chip designer ARM reiterates that Nasdaq is the likely listing location

2 years ago

Musk Says Still ‘Unresolved Matters’ Over Twitter Buy

Elon Musk says still 'unresolved matters' with proposed $44bn buyout of Twitter, predicts recession in near term 'more likely than…

2 years ago

ABB Delays IPO Of Electric Vehicle Charging Unit

Swiss industrial and tech conglomerate ABB delays planned flotation of electric vehicle charging operations a second time, citing market volatility

2 years ago

Bitcoin Recovers After Sinking Below $20,000

Bitcoin and other cryptocurrencies held on to Sunday gains after the biggest cryptocurrency dipped below $20,000 on Saturday, amidst industry…

2 years ago

Atos Shares Plunge Amidst Reorganisation, CEO Exit

Shares of French IT services giant Atos drop sharply after it announces plan to spin off cybersecurity unit and surprise…

2 years ago

UK Digital Strategy Takes Aim At Cyber-Security, Skills Gap

Security expert praises new government digital strategy for much-needed focus on cyber-security and reducing skills gap as London Tech Week…

2 years ago

Sky Backs £100m Fund For Climate Tech

British Media group Sky backs £100m Planet Fund for start-ups developing climate-related technology as London Tech Week brings focus to…

2 years ago

UK Tech Start-Ups See Record Quarterly Investment

Private British tech firms buck market gloom with record quarterly venture capital investment led by fintech and healthcare tech

2 years ago

Toshiba Receives Multiple Proposals, As It Mulls Strategic Options

Troubled Japanese conglomerate Toshiba receives eight proposals to take it private and a couple of proposals to remain listed entity

2 years ago

Elon Musk Raises His Contribution To Twitter Acquisition

But one of Elon Musk's biggest backers on the Twitter board has tendered his resignation after Twitter shareholders voted to…

3 years ago

Samsung To Create 80,000 New Jobs, Plans $356 Billion Investment

South Korean electronics giant Samsung says it will create 80,000 jobs, and will sink a $356 billion investment into the…

3 years ago

Spain Approves $13.1bn To Attract Chip Sector Investment

Come build a Spanish fab! Government in Spain officially approves plan to spend 12.25 billion euros on the semiconductor industry

3 years ago

Rivian Eyes Profitability Amidst Market Pressure

Rivian says it has enough cash on hand to achieve profitability, as it faces pressure from shareholders and customers over…

3 years ago

Funding Round Values Cryptocurrency Exchange KuCoin At $10bn

New $150m funding round values Seychelles-based cryptocurrency exchange KuCoin at $10bn amidst soaring investment in 'web3' ventures

3 years ago

Bitcoin Falls 50 Percent From November High

Bitcoin, other cryptocurrencies slump amidst broader stock market sell-off amidst central bank interest rate hike and economic uncertainty

3 years ago

German Government Touts $14.7bn State Aid For Chip Factories

Minister in German government says the country wants to attract chip makers with 14 billion euros ($14.71 billion) in support

3 years ago

Musk ‘In Talks’ With Potential Partners For Twitter Financing

Elon Musk reportedly in talks with large investment firms and wealthy individuals to help fund the cash portion of massive…

3 years ago

Tesla’s Elon Musk Sells Shares Worth $4bn, Promises No More

Elon Musk sells $4 billion of Tesla shares to help in his Twitter takeover, but indicates no further Tesla share…

3 years ago

Musk In Talks With Thoma Bravo Over Joint Twitter Bid – Report

Media report suggests Elon Musk is in talks with private equity group Thoma Bravo about partnering up for possible Twitter…

3 years ago

Musk Secures $46.5 Billion Funding For Twitter Takeover

World's wealthiest man Elon Musk puts up $33.5 billion of his own money, as he readies for boardroom battle over…

3 years ago

Bitcoin Mining Start-Up To Make Nasdaq Debut

Bitcoin mining and infrastructure start-up Prime Blockchain set to list on Nasdaq in merger with blank-cheque firm valuing it at…

3 years ago

Intel Confirms ‘Mega Factory’ In Germany

Chip giant Intel says it will initially invest 33 billion euros in EU, including 17bn euros for a 'semiconductor fab…

3 years ago

Rivian Sued By Shareholder, Alleging Misleading IPO Data

Shareholder alleges Rivian misled investors about pricing of SUV models - prices for which were increased, then quickly rolled back…

3 years ago

Intel’s Mobileye Files For IPO

Intel’s self-driving-car unit Mobileye files for IPO in the United States, in what could be one of the largest tech…

3 years ago

SEC Investigates Elon Musk And Brother Over Share Sales – Report

Fresh scrutiny. Elon Musk and his brother Kimbal Musk reportedly being investigated by the SEC for alleged insider trading

3 years ago

Crypto Giant Binance To Take $200m Stake In Forbes

Giant cryptocurrency exchange Binance to take $200m stake in Forbes as media firm plans $630m listing in New York through…

3 years ago

ARM Likely To File For Public Listing In US

Disappointment for London Stock Exchange, as ARM owner Softbank indicates it will file for public listing in the United States

3 years ago