Nvidia's plans to acquire chip designer Arm from Softbank are officially off the table. The news was confirmed by both companies via press release on Tuesday.
Nvidia previously agreed to purchase Arm for $40 billion in cash and stocks back in late 2020. The news caused Nvidia's stocks to soar,...
French cloud computing services company OVHcloud is expected to release its plan to list on the Euronext Paris stock exchange shortly, sources close to the issue revealed. According to industry analysts, OVHcloud could be expected to reveal an initial public offering (IPO) that values the company at several billion euros,...
After engaging in a round of Series E funding, fitness tracker startup Whoop raised a grand total of $100 million, the company reported on Wednesday. The startup venture is now estimated to have a worth of $1.2 billion.
In addition to receiving the backing of venture capital firm IVP and...
Internet company Baidu Inc. has sold $1 million worth of bonds, the first major debt offering by a Chinese tech corporation since the country began its regulatory crackdown on private companies. The two-part sustainable deal included the sale of 5.5-year and 10-year notes which have been valued at 83...
Automation software developer UiPath Inc. is planning to raise $1.1 billion in its U.S. initial public offering. As confirmed from a prospectus filed with U.S. Securities and Exchange Commission on Monday, the New York City-based company is offering 6.8 million shares while shareholders such as Accel and Alphabet Inc’s...
Elon Musk, CEO of Tesla Motors and the wealthiest person in the world, is attempting to take his fascination with the social media platform Twitter to another level. Musk recently made public his offer to buy Twitter for $40+ billion at $54.20 per share.
https://twitter.com/elonmusk/status/1514564966564651008
Twitter is Musk's social media of...
Software startup Sprinklr is looking to target a $5 billion valuation through its Initial Public Offering (IPO) on the New York Stock Exchange, the company revealed on Monday. The company is determined to raise up to $380 million in its efforts.
With high-profile customers including the likes of Microsoft Corp...
Eric Yuan, founder and CEO of Zoom Video Communications Inc., has experienced a $5.1 billion decline in his net worth following Pfizer Inc.’s announcement on Monday that its Coronavirus vaccine has prevented over 90% of infections during clinical trials.
While airlines, oil corporations, and tourism operators enjoyed surges in stock...