In a statement to Automobilwoche weekly, Volkswagen unit Porsche said, it is participating in Rimac Automobili’s funding round which will see the electric supercar maker raise $157 million-$181 million (130 million-150 million euros). “The fundraising should be completed in two… Read More ›
According to a report from the Wall Street Journal, Twilio Inc, a cloud-communications firm, is in talks to invest around $750 million in Syniverse Technologies LLC. The investment is slated to be announced later today, which could be followed by… Read More ›
With global pharma companies ramping up production of their respective vaccines, there is one firm that has already moved into the leading position. Even though the Serum Institute of India (SII) is not a household name, it is the… Read More ›
In a statement SoftBank-backed robotics firm Berkshire Grey said, it has agreed to go public through a merger with a blank-check company in a deal that values the combined company at $2.7 billion. The deal is expected to provide Berkshire… Read More ›
In a landmark ruling, a divorce court in Beijing, China has directed a man to give compensation to his wife against the housework she did during their marriage. The country ordered the man to play 50,000 yuan ($7,700) against the… Read More ›
With the announcement by Square of it purchasing $170 million worth of the crypto currency bitcoin, the price of the largest crypto currency of the world in terms of market capitalization surged again, after a few days of dropping, and… Read More ›
The request of the European Union to postpone the ratification of their post-Brexit trade deal by a month was agreed to by the United Kingdom. This move however added on to the existing uncertainty into what is already a very… Read More ›
In a statement, the U.S. Securities and Exchange Commission said, it has suspended two former KPMG auditors from practicing before the regulator after it found that they had failing to properly conduct an audit of the now-defunct, not-for-profit college that… Read More ›
With investors getting jittery about the astronomical price that the crypto currency bitcoin had attained in recent times, the value of the virtual currency sunk as much as 17 per cent on Tuesday. According to analysts, the drop came as… Read More ›
The investment in the crypto currency bitcoin made recently by the United States based electric car maker Tesla has given the company a paper profit of about $1 billion, said Daniel Ives, analyst at Wedbush Securities. In a note published… Read More ›
manageria.biz 