Payments provider Stripe announced Sunday, March 14, 2021, that it had successfully closed $600 million in a Series H investment round. Following this, the company’s valuation soared to a massive $95 billion, making it one of the world’s most...
Swiss food brand Nestle enters an asset purchase agreement with Allergan to acquire the gastrointestinal medication Zenpep.
This acquisition marks Nestle’s move to enter medical nutrition and expand its therapeutic products. The deal is still ongoing and further details are...
American multinational pharmaceutical company Pfizer announced Tuesday, June 2, 2020, that it will be investing $500 million in small and medium biotechnology companies in the United States. Pfizer’s investment aims to help provide funding towards treatment candidates.
The pharmaceutical giant’s...
Cambridge-based agriculture-technology startup Indigo announced Monday, Jan 6, the closing of its latest investment round in which it had secured $200M fund from existing and new investors. The recent round brings the total capital raised by the company to...
Swedish kit vendor Ericsson secured the deal with Japan’s SoftBank for adding a dual-mode 5G Core to 5G RAN.
The company is deploying a cloud-native, dual-mode core to support SoftBank’s 5G standalone offer, providing capabilities to use the network in...
Last April 18, 2019, Uber Chief Executive Officer, Dara Khosrowshahi announced that the ride-sharing company won a whopping $1 billion investment from SoftBank and Toyota. Denso is also confirmed as a leading investor in the company.
The Verge notes that...
According to the Russian Finance Ministry, there have been discussions on the elimination of value-added tax (VAT) on gold to return the capital worth billions in the country.
Currently, the tax VAT on gold is at 20 per cent, which...
Google’s parent company Alphabet’s branch for startup investments is reaping its rewards with Uber after six years as its $258M investment in 2013 blew up by 20 times, says CNBC. Previously called Google Ventures, the investment arm now owns...
The LaGuardia Airport unveils for the first time the newest concourse last Tuesday, Oct. 29, which costs $3.9 billion to make.
The new Delta Airlines terminal is part of the renovation project of LaGuardia Airport in New York, which will...
Waymo, Alphabet’s self-driving vehicle division, announced Monday its first-ever external investment round with a $2.25 billion funding from varying investors. The round, led by Silver Lake, Canada Pension Plan Investment Board, and Mubadala Investment Company, follows a series of...
