Chip giant Intel says it will initially invest 33 billion euros in EU, including 17bn euros for a 'semiconductor fab mega-site in Germany'
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ARM To Axe 15 Percent Of Staff, 1,000 Jobs To Go
Chip designer ARM is to cut 15 percent of its workforce, as it reverts to its backup plan of an initial public offering after the Nvidia deal collapse
Rivian Sued By Shareholder, Alleging Misleading IPO Data
Shareholder alleges Rivian misled investors about pricing of SUV models - prices for which were increased, then quickly rolled back after customer backlash
Intel’s Mobileye Files For IPO
Intel’s self-driving-car unit Mobileye files for IPO in the United States, in what could be one of the largest tech floatations of 2022
SEC Investigates Elon Musk And Brother Over Share Sales – Report
Fresh scrutiny. Elon Musk and his brother Kimbal Musk reportedly being investigated by the SEC for alleged insider trading
Crypto Giant Binance To Take $200m Stake In Forbes
Giant cryptocurrency exchange Binance to take $200m stake in Forbes as media firm plans $630m listing in New York through blank-cheque company
ARM Likely To File For Public Listing In US
Disappointment for London Stock Exchange, as ARM owner Softbank indicates it will file for public listing in the United States
Nvidia’s $40bn Purchase Of ARM Holdings Collapses
Softbank and Nvidia confirm termination of controversial $40bn purchase of UK's ARM, which now has new CEO ahead of initial public offering
Nvidia Preparing To Abandon $40bn ARM Acquisition – Report
Facing many regulatory probes and lawsuits, Nvidia tells its partners it is preparing to abandon its acquisition of ARM Holdings
Digital Bank Chime Financial Plans Massive IPO
Chime Financial plans New York IPO worth up to $40bn after Covid-19 pandemic leads to surge in users and spiralling market valuation
China Mobile Enjoys Successful Shanghai IPO After NYSE Delisting
After being delisted from New York Stock Exchange last year, China Mobile enjoys successful public offering in its home market
Rivian Delays Long Range SUVs, Pickups To 2023
Rivian has reportedly warned customers it will delay deliveries of its electric pickup and SUV models featuring big battery packs
Italy’s Talks With Intel ‘Intensifies’ Over $9bn...
Intel and Italy are intensifying talks over $9 billion investment plan to build advanced semiconductor packaging plant in the country
Jack Dorsey Blocked On Twitter By Netscape’s Marc Andreessen
Web3 dustup. Bad blood between Twitter co-founder and Marc Andreessen over Web3 deepens, after venture capitalist blocks Dorsey on Twitter
‘Flying Taxi’ Company Vertical Aerospace Soars On NYSE...
Vertical Aerospace begins work on challenge of regulatory certification for its electric 'flying taxis' after successful market debut in New York
LogMeIn To Spin Off LassPass As Separate Cloud Security Firm
Six years after it acquired LassPass for $110 million, LogMeIn says it will spin out the unit as a separate cloud security specialist
India’s $10 Billion Plan To Attract Chip Makers
India approves $10 billion incentive plan to attract chip and display makers, as Intel announces $7.1 billion investment in Malaysia
Reddit Files To Go Public With US Regulator
Social news giant Reddit has joined the listing trend, after it filed for initial public offering (IPO) with US authorities
Intel To List Self-driving Car unit Mobileye
Public offering planned for Intel's self-driving-car unit Mobileye next year, but Intel says it will retain ownership after floatation
Elon Musk Realises $1bn, After Another Tesla Share Sale
Half way there. Elon Musk sells another tranche of Tesla shares worth $1.05 billion, as he continues to honour Twitter poll
El Salvador To Build ‘Bitcoin City’, Powered By Geothermal
Powered by the Conchagua volcano, a city financed by government Bitcoin bonds has been pledged by El Salvador's president
EU May Ease State-Aid Rules To Help Fund New Chip Factories
European Union may relax its strict state-aid rules, in an effort to increase funding for construction of new chip factories in the bloc
Google To Invest $740 Million After Australia Clash
Clash that saw Google threaten to withdraw services from Australia altogether, to be settled with fresh investment in the country
Amazon-Backed Rivian Enjoys Successful Nasdaq IPO
Amazon-backed electric car start-up Rivian enjoys biggest public listing in the United States since Facebook back in 2012
Twitter Backs Elon Musk Selling 10 Percent Of Tesla
What SEC scrutiny? Elon Musk asks Twitter users whether he should sell 10 percent of Tesla, and majority back share sell-off poll
Italy ‘Negotiating With Intel’ Over 4bn Euro Chip Plant
Italy reportedly preparing offer to Intel over plans for 4bn advanced microprocessor packaging plant, part of plans for 80bn euro investment in Europe
GitLab Raises $800m In Successful Initial Public Offering
After a successful public debut that raised hundreds of millions of dollars, coding platform GitLab is now valued at an impressive $13 billion
TSMC, Sony Mull Joint Chip Factory With Japanese Gov Help –...
TSMC and Sony reportedly consider building a chip factory together, with financial assistance from the Japanese government
Eutelsat Raises Stake In OneWeb
French satellite firm Eutelsat increases stake in UK-based OneWeb, with additional $165m investment in satellite internet firm
Freshworks Valued At $12.2 Billion After Nasdaq IPO
Business software provider Freshworks, which seeks to challenge Salesforce in the CRM space, enjoys successful Nasdaq debut