Fund raising

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'

6 months 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)

6 months 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

6 months 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

6 months ago

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

6 months ago

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…

7 months ago

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

7 months ago

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

7 months ago

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…

7 months ago

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…

7 months ago

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

7 months ago

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

8 months 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…

8 months 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

8 months 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

8 months 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…

8 months 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…

9 months 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

10 months 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…

11 months 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

11 months 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…

11 months 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…

11 months 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

12 months 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…

12 months 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…

1 year 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…

1 year 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

1 year 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…

1 year 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…

1 year ago