Fund raising

Toshiba Consults With Private Equity Firms Over ‘Strategic Ideas’

Where do we go from here? Japanese conglomerate Toshiba is in talks with at least four private equity firms for…

3 years ago

GlobalFoundries Files For Initial Public Offering – Report

US chipmaker GlobalFoundries has submitted a confidential filing for a public listing, after acquisition by Intel media reports

3 years ago

UK Government Sets Out Strategy For Green Hydrogen Sector

Hydrogen has long been touted as a better solution for green transportation among other uses, and now the government sets…

3 years ago

Jeff Bezos Offers NASA $2 Billion For Lunar Contract

Tempting offer? Jeff Bezos offers to cover costs of up to $2 billion, if NASA awards Blue Origin a contract…

3 years ago

Amazon-Backed Rivian Raises Another $2.5bn From Investors

Electric vehicle start-up raises another $2.5bn from existing investors such as Amazon, as it looks to deliver first vehicles this…

3 years ago

Government £375m Fund For UK Tech Firm Growth

Government opens £375 million scheme to deliver funding for British startups including tech players, to bolster UK’s post-pandemic economy

3 years ago

TSMC Considers Construction Of Japanese Factory – Report

World's largest contract chipmaker is considering construction of a new factory in Japan to help tackle global chip shortage

3 years ago

SoftBank Buys Into Korean Travel Start-Up Yanolja Ahead Of US Listing

SoftBank's Vision Fund reportedly planning to buy 10 percent of South Korean hotel booking platform Yanolja as it looks to…

3 years ago

ARM CEO Insists Nvidia Purchase Better Than IPO

Head of ARM strongly defends Nvidia acquisition, which he says is a much better alternative than being a standalone public…

3 years ago

OneWeb Gains Additional $500m Funding From Bharti

Busy period for OneWeb with additional funding, launch of more satellites, and signing deal with BT for rural broadband provision

3 years ago

Starlink Will Go Public When Cash Flow Stabilises – Elon Musk

SpaceX's Elon Musk confirms the Starlink broadband satellite venture will eventually apply for an initial public offering (IPO)

3 years ago

Hiring In UK Tech Sector Hits Five Year High

Welcomed news. Tech hiring hits five year high, with 132,000 open jobs per week in May, new data for the…

3 years ago

Alphabet’s Waymo Raises $2.5 Billion Funding

Fresh round of investment into self-driving division of Alphabet, to help grow Waymo and develop its autonomous driving tech

3 years ago

Virgin Atlantic Works With Bristol Start-Up On ‘Flying Taxis’

Virgin Atlantic works with Vertical Aerospace to explore 'flying taxi' network that would transport passengers from regional cities to major…

3 years ago

Chinese Ride-Hailing Giant Didi Chuxing Files For US IPO

World's second-biggest ride-hailing company Didi Chuxing files to go public in US, in what could be biggest Chinese US listing…

3 years ago

US Senate Democrats Propose $52 Billion For US Chip Production

Democrat leader in the US Senate revises legislation to approve $52 billion plan to ramp up US semiconductor manufacturing

4 years ago

Jeff Bezos Offloads $2 Billion In Amazon Shares

Needs some spending money...Amazon CEO Jeff Bezos has this week sold nearly $2 billion worth of Amazon stock for his…

4 years ago

Intel To Invest $3.5bn To Expand New Mexico Factory

Chip giant Intel is to ramp up its manufacturing capability at its New Mexico factory, and will add 3D packaging…

4 years ago

NASA Halts Moon Lander Work After Contract Challenge

NASA orders SpaceX to halt work on Moon rocket programme after Blue Origin accuses SpaceX of space exploration 'monopoly'

4 years ago

Darktrace Enjoys Successful London IPO

Darktrace enjoys successful public listing in London on Friday, valuing the AI security specialist at £1.7 billion ($2.4 billion)

4 years ago

Eutelsat Buys 24 Percent Stake In OneWeb For $550m

French satellite operator Eutelsat joins British government and Bharti, with investment so as to access to its LEO broadband constellation

4 years ago

Foxconn Scales Back $10bn Wisconsin Factory

Taiwanese manufacturing giant Foxconn dramatically scales back US factory that was heavily touted by former President Donald Trump

4 years ago

Apple $200m ‘Restore Fund’ Targets Climate Change

Apple reveals $200 million investment fund called the 'Restore Fund', to remove carbon emissions and support sustainable forestry

4 years ago

Dell To Offload Ownership Stake In VMware

The valuable 81 percent ownership stake in VMware held by Dell Technologies is to be spun off, generating a $12…

4 years ago

AI Security Firm Darktrace Plans London IPO

Darktrace, a pioneer in applying artificial intelligence techniques to cyber-security, makes first major London IPO bid following Deliveroo flop

4 years ago

Deliveroo Flop Raises Questions For London Tech IPOs

Questions raised over Deliveroo pricing strategy after biggest London IPO in a decade delivers biggest flop in recent memory

4 years ago

TSMC Pledges $100 Billion Over Three Years, For ‘Advanced’ Chip Making

Mammoth investment over three years to bolster advanced chip making, in order to keep up with rising demand, amid the…

4 years ago

Google Adds £21m To EU Fake News Warchest

EU fund to fight fake news receives first investment, namely 25 million euros from Google, amid ongoing scrutiny of tech…

4 years ago

Europe Looks To Ease Red Tape For Start-Ups

European Commission proposes new rules to lessen red tape for start-ups, including stock option reform and easier immigration visas

4 years ago