Fund raising

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…

4 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…

4 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…

4 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…

4 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…

4 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

4 years ago

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…

4 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

4 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…

4 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…

4 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…

4 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

4 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

4 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…

4 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…

4 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

4 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)

4 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…

4 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

4 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…

4 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…

4 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