Fund raising

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…

1 week ago

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

1 week ago

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…

2 weeks ago

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

2 weeks ago

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

3 weeks ago

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…

4 weeks ago

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…

1 month ago

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…

2 months ago

TSMC, Sony Mull Joint Chip Factory With Japanese Gov Help – Report

TSMC and Sony reportedly consider building a chip factory together, with financial assistance from the Japanese government

2 months ago

Eutelsat Raises Stake In OneWeb

French satellite firm Eutelsat increases stake in UK-based OneWeb, with additional $165m investment in satellite internet firm

2 months ago

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

2 months ago

US Treasury Sanctions Cryptocurrency Exchange Suex

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

2 months ago

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…

2 months 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…

3 months 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…

3 months 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…

3 months 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…

3 months 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

3 months 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…

3 months 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 months 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 months 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 months 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 months 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

5 months 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

5 months 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…

5 months 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…

5 months 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

5 months 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)

5 months 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…

6 months ago