Fund raising

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…

3 years ago

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

3 years ago

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…

3 years ago

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…

3 years ago

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

3 years ago

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…

3 years ago

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…

3 years ago

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'

3 years 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)

3 years 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

3 years 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

3 years 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

3 years 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…

3 years 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

3 years 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

3 years 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…

3 years 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…

3 years 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

3 years 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

3 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…

3 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

3 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

3 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…

3 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…

3 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

3 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…

3 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

3 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…

3 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…

3 years ago