Uber Technologies Inc. sold its self-driving unit called Advanced Technologies Group (ATG) to Aurora Innovation in a deal announced Monday, December 7, 2020. According to Reuters, the deal is valued at $4 billion. The deal is expected to close...
The world’s first 5G network is now available in China’s 50 cities, including Beijing, Guangzhou, Shanghai, and Shenzhen. The country’s three state-run telecommunications operators launched the next-generation 5G network last Friday, Nov. 1, 2019. China Unicom, China Telecom, and China Mobile...
Individuals who invested in Telegram’s cryptocurrency reportedly gets 400% in returns, says CoinDesk. To be launched on October 31, Telegram Open Network (TON) investors are trading the coin through an unofficial secondary market. Last year, the messaging company offered tokens...
IDFC First Bank announced Sunday it is set to make an equity investment of ₹250 crore in Yes Bank to acquire 25 crore equity shares. According to reports, the move comes as an effort for IDFC to join other...
The global impact investment market is now worth around $502 billion, according to a report. Launched on April 1, the report titled "Sizing the Impact Investment Market” by Global Impact Investing Network (GIIN) is claimed to be the most comprehensive...
DivideBuy got over £60 million from UK local banks including Paragon as equity and debt-financing investment. Aside from the additional credit for loan applicants, the fund will be used to help DivideBuy expand company’s retailer network and develop new market-leading...
Spanish eHealth startup mediQuo announced Tuesday, Feb 4, it has secured a total of €2M investment from multiple investors coming from the health sector as well as various venture capital investors and family offices. The latest funding, which was joined...
The Manila Bulletin reports that at least fourteen companies that provide investment options were banned from operating in the Davao region in the Philippines. Regulatory authorities scrutinized thirty-nine other investment firms, says the Brig. Gen. Marcelo C. Morales from...
IKEA stores owner Ingka Group pledges to make a €600 million investment (approximately $712 million) towards meeting its sustainability goals over the next 12 months. The investment comes as Ingka Group gears itself to meet the Swedish furniture maker’s...
Financial investment management company Charles Schwab recently launched its Intelligent Income Program which would help investors with critical and complex questions regarding their assets. BusinessWire said that the initiative aims to aid investors and advisers who may be overwhelmed...

RECENT POSTS