With two new funds, LocalGlobe has more latitude than ever
“You wanted me to record this?” asks Saul Klein, LocalGlobe founding partner. “Just in case you say anything interesting,” I quip back. “I won’t be doing most of the talking, so maybe someone will say something interesting,” Kle.....»»
Chipmakers receiving US federal funds can’t expand in China for 10 years
Chipmakers must also provide affordable childcare and are barred from stock buybacks. Enlarge / A worker prepares a silicon wafer machine in a clean room at the Texas Instruments semiconductor fabrication plant in Dallas, Texas......»»
Tata reportedly to raise fund for debt reduction and EV business
As a leader in India's emerging EV market, Tata Motors is reportedly looking to raise funds for the EV expansion as the carmaker is grappling with debt reduction in the automotive business......»»
Tata Motors in talks to raise $1B via stake sale in EV business, report says
Jaguar Land Rover owner Tata is in talks with sovereign wealth funds and private equity investors to sell a significant minority stake in its EV business, eyeing a valuation of about $10.5 billion, Reuters reported......»»
Sunwoda reportedly to raise fresh funds before IPO in June
To meet the rapidly-increasing demand for EV batteries, Shenzhen-based unicorn Sunwoda reportedly is to raise money before its IPO plan expected in June......»»
Sunwoda reported to raise fresh funds before IPO in June
To meet the rapidly-increasing demand for EV batteries, Shenzhen-based unicorn Sunwoda reportedly is to raise money before its IPO plan expected in June......»»
Guangzhou establishes US$29 billion funds for semiconductor
China's Guangzhou city recently announced the establishment of two funds of funds (FoFs): the CNY150 billion (US$21.8 billion) Guangzhou industrial investment FoF and the CNY50 billion (US$7.2 billion) Guangzhou innovative investment FoF. The two FoF.....»»
Chinese startup Cambricon gets new funds to advance 7nm chips for ChatGPT-like applications
China-based AI chip startup Cambricon Technologies, already listed on the Sci-Tech Innovation Board of the Shanghai Stock Exchange, recently has been approved to issue CNY1.672 billion (US$244.087 million) in A-shares to specific target investors, al.....»»
Governments target medical debt with COVID relief funds
Millions of Americans mired in medical debt face difficult financial decisions every day—pay the debt or pay for rent, utilities and groceries. Some may even skip necessary health care for fear of sinking deeper into debt......»»
Democrats seek tighter limit on stock buybacks in chip funds
Democratic lawmakers, including Senators Elizabeth Warren and Bernie Sanders, urged the US Commerce Department to impose tougher rules to prevent semiconductor manufacturers from using new subsidies to enable stock buybacks......»»
Mapping the LGM refugia of deciduous oak and its distribution
Forests have important roles in the global water and biogeochemical cycles. Climate change has led to worldwide changes in forest distributions, especially in the mid-latitude regions. As one of the most important forest genera, oak (Quercus), belong.....»»
Mordecai Rosen joins Skybox Security as CEO
Skybox Security appoints Mordecai Rosen as Chief Executive Officer and closes $50 million in financing from CVC Growth Funds, Pantheon, and J.P. Morgan. Mr. Rosen is a seasoned security technology executive with over 25 years of experience and will f.....»»
Daily Deals Feb. 7: 2 $100 Restaurant.com eGift cards for $20, 50% off Bose Frames sunglasses & more
Some of the hottest deals we found today include a $200 Valentine's Dinner for two for $20, 41% off EarPods, $120 off a Dell Latitude notebook, 41% off an iPhone 11 Pro Max, and a 65" Vizio Smart TV for $448.Get an Apple Watch Series 4 from $150The A.....»»
Losing the natural world comes with major risks for Australia"s super funds and banks
As the economist Herman Daly pithily said, the economy is a wholly owned subsidiary of the environment—not the reverse. Nature makes our lives possible through what scientists call ecosystem services. Think healthy food, clean water, feed for lives.....»»
Battery startup Our Next Energy raises $300 million in new funding round
Battery startup Our Next Energy Inc., known as ONE, closed a $300 million investment round, the company said Wednesday. It came amid broad economic headwinds, and funds ongoing construction at its Michigan factory......»»
EV charging company Lynkwell raises $30M from investment firm"s affiliates
Lynkwell will use the funds to build out its EV charging infrastructure across North America and scale up its operations and expand support services for existing and new charging network developers......»»
Bitzlato crypto founder charged with $700m financial crimes
Bitzlato co-founder Anatoly Legkodymov is accused of helping to process $700m in illicit funds......»»
Elon Musk begins trial over Tesla tweet that cost him $20m
Shareholders are suing the Tesla CEO over a 2018 tweet saying he had the funds to take the firm private......»»
SpiderOak raises $16.4 million to protect space mission systems
SpiderOak has raised $16.4M in Series C round led by Empyrean Technology Solutions, a space technology platform backed by funds affiliated with Madison Dearborn Partners. The Series C round included additional investment from Method Capital, and OCA.....»»
China SiC device maker Inventchip gets new funds for capacity expansion
Driven by growing market demand for SiC components for EV applications, China's SIC semiconductor specialist Inventchip Technology has recently completed its Pre-B round of financing, raising hundreds of millions of CNY to support capacity expansion.....»»
Tesla plans $700 million expansion of new Texas plant
The funds are earmarked for a “ground up and complete interior finish out of the EV manufacturing facility,” with construction starting later this month and ending early next year, Tesla told Texas in a regulatory filing......»»