Fund raising

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

Jack Dorsey Blocked On Twitter By Netscape’s Marc Andreessen

Web3 dustup. Bad blood between Twitter co-founder and Marc Andreessen over Web3 deepens, after venture capitalist blocks Dorsey on Twitter

3 years ago

‘Flying Taxi’ Company Vertical Aerospace Soars On NYSE Debut

Vertical Aerospace begins work on challenge of regulatory certification for its electric 'flying taxis' after successful market debut in New…

3 years ago

LogMeIn To Spin Off LassPass As Separate Cloud Security Firm

Six years after it acquired LassPass for $110 million, LogMeIn says it will spin out the unit as a separate…

3 years ago

India’s $10 Billion Plan To Attract Chip Makers

India approves $10 billion incentive plan to attract chip and display makers, as Intel announces $7.1 billion investment in Malaysia

3 years ago

Reddit Files To Go Public With US Regulator

Social news giant Reddit has joined the listing trend, after it filed for initial public offering (IPO) with US authorities

3 years ago

Intel To List Self-driving Car unit Mobileye

Public offering planned for Intel's self-driving-car unit Mobileye next year, but Intel says it will retain ownership after floatation

3 years ago

Elon Musk Realises $1bn, After Another Tesla Share Sale

Half way there. Elon Musk sells another tranche of Tesla shares worth $1.05 billion, as he continues to honour Twitter…

3 years ago

El Salvador To Build ‘Bitcoin City’, Powered By Geothermal

Powered by the Conchagua volcano, a city financed by government Bitcoin bonds has been pledged by El Salvador's president

3 years ago

EU May Ease State-Aid Rules To Help Fund New Chip Factories

European Union may relax its strict state-aid rules, in an effort to increase funding for construction of new chip factories…

3 years ago

Google To Invest $740 Million After Australia Clash

Clash that saw Google threaten to withdraw services from Australia altogether, to be settled with fresh investment in the country

3 years ago

Amazon-Backed Rivian Enjoys Successful Nasdaq IPO

Amazon-backed electric car start-up Rivian enjoys biggest public listing in the United States since Facebook back in 2012

3 years ago

Twitter Backs Elon Musk Selling 10 Percent Of Tesla

What SEC scrutiny? Elon Musk asks Twitter users whether he should sell 10 percent of Tesla, and majority back share…

3 years ago

Italy ‘Negotiating With Intel’ Over 4bn Euro Chip Plant

Italy reportedly preparing offer to Intel over plans for 4bn advanced microprocessor packaging plant, part of plans for 80bn euro…

3 years ago

GitLab Raises $800m In Successful Initial Public Offering

After a successful public debut that raised hundreds of millions of dollars, coding platform GitLab is now valued at an…

3 years ago

TSMC, Sony Mull Joint Chip Factory With Japanese Gov Help – Report

TSMC and Sony reportedly consider building a chip factory together, with financial assistance from the Japanese government

3 years ago

Eutelsat Raises Stake In OneWeb

French satellite firm Eutelsat increases stake in UK-based OneWeb, with additional $165m investment in satellite internet firm

3 years ago

Freshworks Valued At $12.2 Billion After Nasdaq IPO

Business software provider Freshworks, which seeks to challenge Salesforce in the CRM space, enjoys successful Nasdaq debut

3 years ago

US Treasury Sanctions Cryptocurrency Exchange Suex

Cryptocurrency exchange Suex hit with sanctions by US Treasury Department for alleged role in laundering ransomware payments

3 years ago

GitLab Files For Initial Public Offering After $6bn Valuation

Software development platform maker GitLab files for public offering on Nasdaq after January secondary share sale that valued it at…

3 years ago

UK Government Holds Stakes In 158 Start-ups

British Business Bank which runs the Government's 'Future Fund' has provided funding of $1.1 billion and holds stakes in 158…

3 years ago

Intel May Invest 80 Billion Euros For Two Chip Fabs

CEO Pat Gelsinger says Intel could invest as much as 80 billion euros ($95bn or £69bn) in Europe to expand…

3 years ago

Samsung Offered Large Tax Breaks To Build Chip Factory In Texas

City of Taylor in Texas offers Samsung huge tax breaks in order to convince it to build a $17 billion…

3 years ago

Climate Change: Is There a Tech Solution?

As COP26 in Glasgow approaches, how can technology help in the fight to reverse or at least reduce the long-term…

3 years ago

Amazon-Backed Electric Car Maker Rivian Files For IPO

Amazon-backed electric car start-up Rivian files for IPO, weeks ahead of delayed plans to deliver first pick-up trucks to customers

3 years ago