Where do we go from here? Japanese conglomerate Toshiba is in talks with at least four private equity firms for strategy ideas
TECHNOLOGY POWERING BUSINESS
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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
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 out its long term strategy
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 for moon landing spacecraft
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 year
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
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
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 follow up Coupang success
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 company again
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
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)
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 government reveals
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
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 airports
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 since Alibaba in 2014
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
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 other projects
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 manufacturing capabilities
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'
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)
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
Apple To Build $1 Billion Campus In North Carolina
As part of a $430 billion investment over five years in the US, Apple is to build a new campus for AI research and software engineering
Foxconn Scales Back $10bn Wisconsin Factory
Taiwanese manufacturing giant Foxconn dramatically scales back US factory that was heavily touted by former President Donald Trump
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
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 billion shareholder dividend
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
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
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 global silicon shortage
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 giant efforts
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