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Battery maker ProLogium likely valued at $2-$3 billion in new funding round
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Taiwan's ProLogium Technology Co has raised a complete of $326 million in its newest funding spherical from Primavera Capital Group, SoftBank China ...

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Tencent’s $1.3 billion Sumo deal comes under US security probe
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A US nationwide safety panel is investigating Tencent Holdings' $1.27 billion takeover of Sumo Group, the British videogame maker stated on Friday, in a ...

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Tesla still faces $2 billion patent lawsuit by trucking startup Nikola
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Electrical automobile maker Tesla continues to be dealing with the $2 billion lawsuit, filed in opposition to the Elon Musk-run firm by hydrogen trucking ...

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Toyota to build $1.29 billion battery plant in the US
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Toyota plans to construct a brand new $1.29 billion manufacturing unit within the U.S. to fabricate batteries for gas-electric hybrid and absolutely ...

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US lawmakers seek $1 billion to fund FTC privacy probes
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US House Democratic lawmakers late on Thursday proposed awarding the Federal Trade Commission $1 billion to arrange a bureau devoted to bettering knowledge ...

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Japan’s online shopping sales top $90 billion for the first time
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The Japan Direct Advertising Affiliation (JADMA) stated that online sales and catalog procuring in Japan have topped 10 trillion yen ($90 billion) within ...

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SoftBank-backed DriveWealth raises $450 million at nearly $3 billion valuation
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SoftBank-backed DriveWealth has raised $450 million in contemporary capital as a part of a late-stage financing spherical co-led by personal fairness and ...

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Indian startups raise $16.9 billion VC funding in 2021, next only to China
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Illustration: Rahul AwasthiIndian startups acquired $16.9 billion of enterprise capital funding in 2021, subsequent solely to Chinese language counterparts ...

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Microsoft in talks to buy stake in Oyo for $9 billion: Sources
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Microsoft is in superior phases of discussions to select up a stake in OYO that might worth the hospitality agency at about USD 9 billion (round Rs 67,000 ...

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EV startup Rivian announces $2.5 billion funding round led by Amazon, Ford
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Electrical automobile startup Rivian stated on Friday it has closed a $2.5 billion fundraising spherical led by buyers Amazon.com Inc, Ford Motor Co and T. ...

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