Fund raising

Deezer ‘Set For German Expansion’ After IPO SlumpDeezer ‘Set For German Expansion’ After IPO Slump

Deezer ‘Set For German Expansion’ After IPO Slump

Deezer to use funds from July IPO in Paris to expand into Germany in partnership with RTL as it seeks…

3 years ago
Italy, Intel Close To $5bn Chip Factory AgreementItaly, Intel Close To $5bn Chip Factory Agreement

Italy, Intel Close To $5bn Chip Factory Agreement

Increase In European chip production? Agreement for Intel semiconductor packaging and assembly factory in Italy reportedly nudges closer

3 years ago
Alibaba Will ‘Strive’ To Maintain New York ListingAlibaba Will ‘Strive’ To Maintain New York Listing

Alibaba Will ‘Strive’ To Maintain New York Listing

Alibaba says it will 'strive' to maintain its New York Stock Exchange listing after SEC adds it to list of…

3 years ago
Samsung Seeks Tax Breaks On Future Chip Factories In TexasSamsung Seeks Tax Breaks On Future Chip Factories In Texas

Samsung Seeks Tax Breaks On Future Chip Factories In Texas

South Korean giant Samsung begins application for tax breaks on 11 potential chip manufacturing facilities in Texas, ahead of US…

3 years ago
Celsius Network Files For Bankruptcy ProtectionCelsius Network Files For Bankruptcy Protection

Celsius Network Files For Bankruptcy Protection

Troubled cryptocurrency lender Celsius Network confirms it has filed for bankruptcy protection as it seeks to restructure

3 years ago
Twitter Hits Back At Musk, Insisting No Breaches OccurredTwitter Hits Back At Musk, Insisting No Breaches Occurred

Twitter Hits Back At Musk, Insisting No Breaches Occurred

Elon Musk "knowingly" breached the acquisition agreement Twitter says, as it fires back at the world's richest man and former…

3 years ago
French Music Service Deezer Slumps On Market DebutFrench Music Service Deezer Slumps On Market Debut

French Music Service Deezer Slumps On Market Debut

Spotify and Apple Music competitor Deezer falls below opening price after long-delayed IPO in Paris as SPAC strategy fails to…

3 years ago
Tencent Shares Fall As Biggest Investor Says It Will SellTencent Shares Fall As Biggest Investor Says It Will Sell

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,…

3 years ago
Toshiba Board Set For Vote That Could Back Buyout StrategyToshiba Board Set For Vote That Could Back Buyout Strategy

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

3 years ago
Nasdaq Listing Most Likely For ARM, Says Softbank BossNasdaq Listing Most Likely For ARM, Says Softbank Boss

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

3 years ago
Musk Says Still ‘Unresolved Matters’ Over Twitter BuyMusk Says Still ‘Unresolved Matters’ Over Twitter Buy

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…

3 years ago
ABB Delays IPO Of Electric Vehicle Charging UnitABB Delays IPO Of Electric Vehicle Charging Unit

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

3 years ago
Bitcoin Recovers After Sinking Below $20,000Bitcoin Recovers After Sinking Below $20,000

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…

3 years ago
Atos Shares Plunge Amidst Reorganisation, CEO ExitAtos Shares Plunge Amidst Reorganisation, CEO Exit

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…

3 years ago
UK Digital Strategy Takes Aim At Cyber-Security, Skills GapUK Digital Strategy Takes Aim At Cyber-Security, Skills Gap

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…

3 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…

3 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

3 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

3 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