Fund raising

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…

2 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…

2 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

2 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…

2 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

2 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

2 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

Nvidia’s $40bn Purchase Of ARM Holdings Collapses

Softbank and Nvidia confirm termination of controversial $40bn purchase of UK's ARM, which now has new CEO ahead of initial…

3 years ago

Nvidia Preparing To Abandon $40bn ARM Acquisition – Report

Facing many regulatory probes and lawsuits, Nvidia tells its partners it is preparing to abandon its acquisition of ARM Holdings

3 years ago

Digital Bank Chime Financial Plans Massive IPO

Chime Financial plans New York IPO worth up to $40bn after Covid-19 pandemic leads to surge in users and spiralling…

3 years ago

China Mobile Enjoys Successful Shanghai IPO After NYSE Delisting

After being delisted from New York Stock Exchange last year, China Mobile enjoys successful public offering in its home market

3 years ago

Rivian Delays Long Range SUVs, Pickups To 2023

Rivian has reportedly warned customers it will delay deliveries of its electric pickup and SUV models featuring big battery packs

3 years ago

Italy’s Talks With Intel ‘Intensifies’ Over $9bn Chip Factory – Report

Intel and Italy are intensifying talks over $9 billion investment plan to build advanced semiconductor packaging plant in the country

3 years ago