Fund raising

Tesla Shares Rally After Expensive Share Slide

Shares in the world's most valuable car maker rose nearly 20 percent, after selloff wiped off $300 billion market capitalisation

4 years ago

Samsung Mulls Four US Locations For $17bn Chip Factory – Report

Two sites in Arizona, one in New York and one is Texas being considered for new multi-billion dollar chip factory…

4 years ago

Budget 2021: Contactless Limit Raised To £100

Budget 2021. Debit card contactless payment limit raised to £100, as Coronavirus pandemic accelerates electronic payment popularity

4 years ago

GlobalFoundries $1.4bn Investment To Address Silicon Shortage

US chipmaker pledges $1.4bn to ramp up production at its US, Germany and Singapore factories to tackle global chip shortages

4 years ago

SpaceX Raises Another $850 Million Funding – Report

Up, up and away. Elon Musk's space firm raises an extra $850 million, but could have had raised billions of…

4 years ago

Microsoft Invests In GM’s Cruise For Self-Driving Future

Software giant confirms it is part of a $2 billion investment in GM's Cruise self-driving unit, which will utilise Azure…

4 years ago

Alibaba’s Founder Jack Ma Absence Triggers Concern

Where is Jack? Concern mounts over Alibaba's Jack Ma, after Chinese regulatory clampdown on his business empire following outburst

4 years ago

Elon Musk Leaves California, Moves To Texas

After threatening to pull Tesla out of California altogether, Elon Musk reveals he has personally left the US state and…

4 years ago

Canada Plans Digital Services Tax In 2022

Despite OECD talks on common approach, Canada becomes latest country to announce its own digital services tax on big tech

4 years ago

France Warns Big Tech To Pay Digital Tax In December

Pay up, pay up. France issues notices to big name tech firms such as Amazon and Facebook, to prepare to…

4 years ago

Elon Musk To Overtake Zuckerberg As Third Richest Person

Rising Tesla share price raises Elon Musk total net worth by $15 billion, putting him behind Jeff Bezos and Bill…

4 years ago

TSMC Seeds Arizona Subsidiary With $3.5 Billion

Trump plan to bring manufacturing back to US sees Taiwanese chipmaker provide $3.5 billion for promised $12 billion Arizona factory

4 years ago

Elon Musk Admits Tesla Was ‘A Month Away’ From Bankruptcy

The CEO of the world's most valuable car maker has admitted Tesla was at one stage in serious danger of…

4 years ago

McAfee Raises $620 Million With Wall Street Return

Security vendor McAfee has returned to the public markets with an IPO that raised $620 million, below the $740 million…

4 years ago

Bletchley Park Financial Crisis Eases After Facebook’s £1m Donation

Jobs have been saved at the birthplace of modern computing Bletchley Park, after a much needed £1 million donation from…

4 years ago

Trump Administration Pledges $1 Billion For AI, Quantum Computing Research

White House pledges $1 billion for research push in the United States into artificial intelligence (AI), 5G and quantum computing

4 years ago

Facebook To Pay France £96 Million In Back Taxes

France continues pursuit of back taxes from big name tech firms, after Facebook agrees to hand over £96 million to…

4 years ago

Bletchley Park Faces Funding Crisis, Prepares To Axe Staff

World war 2 code breaking centre is facing a funding crisis due to Coronavirus pandemic, with third of workforce being…

4 years ago

Mozilla To Axe Quarter Of Its Workforce

Jobs losses. 250 jobs to be axed at Firefox creator Mozilla, with Coronavirus being blamed for “significant restructuring”

4 years ago

Former Wirecard CEO Released From Jail

Former Wirecard CEO Markus Braun walks free after arrest on Monday for allegedly falsifying the accounts for the German fintech…

4 years ago

US Pulls Out Of Global Digital Tax Talks

European Union warns it will impose its own digital tax on technology giants, after the United States withdraws from global…

4 years ago

BT Begins Talk To Sell Stake In Openreach – Report

Selling off the crown jewels? BT is reportedly in talks to sell a multi billion pound stake in its hugely…

5 years ago

Coronavirus: Cisco Commits $225 Million To Covid-19 Fight

Networking giant Cisco pledges nearly quarter of a billion dollars to help global community fight the Coronavirus pandemic

5 years ago

Google To Spend Billions On US Data Centres

Alphabet CEO Sundar Pichai confirms plan to spend $10 billion in 2020 on Google data centres and offices across the…

5 years ago

Cryptocurrency Attendees Should Avoid North Korean Conference, Warns UN

Experts at the United Nations (UN) warn attendees of upcoming cryptocurrency conference in North Korea they could be cited for…

5 years ago

France, US To Attempt Digital Tax Agreement In Two Weeks

Both countries have set the target of two weeks to reach agreement over France's implementation of a digital or tech…

5 years ago

Boris Johnson Backs Digital Tax, Despite US Opposition

Prime Minister defies US President Trump and insists British digital tax on US tech giants will proceed

5 years ago

Alibaba Listing Success As Shares Surge

Blockbuster debut in Hong Kong for one of China's most prominent tech companies

5 years ago

Samsung Display To Invest $11 Billion In LCD Plant – Report

Huge investment is planned by Samsung to upgrade its display panel production facilities in South Korea

5 years ago

Oxford University Gets £150m Investment For AI Ethics

University's largest ever donation from American billionaire will fund research into AI ethics

5 years ago