Tag Archives: Investment
Facebook doubles down on e-commerce with investment in India’s Meesho
4 Cool Fitness Gadgets Worth Investing In
Facebook unveils a ‘one-strike’ policy for live streaming violations
Facebook has unveiled a one-strike policy for live streaming violations in the wake of an extreme right terrorist attack in New Zealand, the company announced. It said users who violate community standards just a single time on Facebook Live could be...
Faraday Future’s EV dreams live on with (another) bailout
Now that Faraday Future has parted ways with its last partner, Chinese real estate firm Evergrande, money seems to be flowing in again. After getting a $600 million injection from mobile gaming company The9 Limited, Faraday announced that it has scor...
Samsung invests in logic chip R&D to take on Qualcomm and TSMC
Samsung's chip division is its most lucrative, but memory chip prices are falling and the company's overall operating profits are slipping. In response, Samsung just announced a $116 billion investment in non-memory chip R&D and production infras...
Ford invests $500 million in Rivian to create an ‘all-new’ EV
It's now patently clear why Rivian turned down GM's exclusive investment -- it wanted to remain open to other juicy deals. Ford has announced that it's investing $500 million in Rivian, and is forming a "strategic partnership" to produce an "all-new...
Uber’s self-driving unit gets its own CEO and a $1 billion investment
As Uber finally closes in on its IPO, its self-driving car unit is getting a big cash infusion and some independence. The company announced tonight that Toyota, Denso and Softbank are investing a total of $1 billion in its Advanced Technologies Group...
Ford is investing $850 million to build EVs in Michigan
To boost its electric vehicle (EV) production, Ford is investing $850 million in its Flat Rock, Michigan, assembly plant. It hopes to make the plant the home of its EV production. To do so, the company will also hire 900 employees incrementally throu...