Fund raising

US Treasury Sanctions Cryptocurrency Exchange SuexUS Treasury Sanctions Cryptocurrency Exchange Suex

US Treasury Sanctions Cryptocurrency Exchange Suex

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

4 years ago
GitLab Files For Initial Public Offering After $6bn ValuationGitLab Files For Initial Public Offering After $6bn Valuation

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-upsUK Government Holds Stakes In 158 Start-ups

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 FabsIntel May Invest 80 Billion Euros For Two Chip Fabs

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 TexasSamsung Offered Large Tax Breaks To Build Chip Factory In Texas

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?Climate Change: Is There a Tech Solution?

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 IPOAmazon-Backed Electric Car Maker Rivian Files For IPO

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’Toshiba Consults With Private Equity Firms Over ‘Strategic Ideas’

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 – ReportGlobalFoundries Files For Initial Public Offering – Report

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 SectorUK Government Sets Out Strategy For Green Hydrogen Sector

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 ContractJeff Bezos Offers NASA $2 Billion For Lunar Contract

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 InvestorsAmazon-Backed Rivian Raises Another $2.5bn From Investors

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 GrowthGovernment £375m Fund For UK Tech Firm Growth

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 – ReportTSMC Considers Construction Of Japanese Factory – Report

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

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