Recent Posts - page 2
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Cloud-communications firm Twilio Inc nears deal to invest $750M in Syniverse Technologies LLC
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 ›
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AstraZeneca sold its 7.7% stake in Moderna Inc for more than $1 billion
According to a report from The Times, AstraZeneca Plc has sold its 7.7% stake in Moderna Inc for more than $1 billion. Moderna’s shares soared following news of its COVID-19 vaccine breakthrough. The report did not clarify the period over… Read More ›
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India’s Pharma Firm SII Is The Leader In Vaccinating The World Against Covid-19
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 ›
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Tesla halts Model 3 production line in Fremont, California
According to a report from Bloomberg News, Tesla Inc has told workers at its car assembly plant in California that it will temporarily halt some production at the plant. Workers at Tesla’s Model 3 production line in Fremont have been… Read More ›
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SoftBank backed Berkshire Grey AI-based logistics automation systems solutions provider to go public with SPAC in $2.7 billion deal
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 ›
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In Landmark Case, Court In China Orders Husband To Pay Wife For Housework
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 ›
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Square’s Purchase Of Bitcoin Worth $170M Pushes It Over $50,000 Again
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 ›
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EU Request For More Time For Ratification Of Brexit Deal Allowed By UK
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 ›
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Jim Bell resigns as GameStop’s CFO
In a statement GameStop said, its Chief Financial Officer Jim Bell will be stepping down next month with the video game retailer saying, it is increasingly focusing on shifting into technology-driven sales. GameStop reiterated that Bell’s resignation was not due… Read More ›
Featured Categories
Strategy ›
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ELon Musk to build Starlink factory at Austin, Texas
March 3, 2021
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Karen Seymour, Goldman Sachs top lawyer leaves bank, second departure from Goldman’s management committee this week
March 3, 2021
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United Predicts Revival Of Pandemic Hit Travel Sector Orders 25 New Boeing 737 Max Jets
March 2, 2021
Economy & Finance ›
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SoftBank-Supported Coupang Wants To Launch US IPO Valued At Over $50 Billion
March 2, 2021
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Saudi Arabian Airlines to order 70 new airlines from Airbus and Boeing
March 2, 2021
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SoftBank Group Corp writedowns its $1.5 billion investment in supply-chain finance company Greensill Capital
March 2, 2021