Broadcom to Buy CA Technologies for $19 Billion
With a deal, Broadcom will move into software used to manage business planning and other processes. Broadcom Inc., a.....»»
Palantir CEO Saw Compensation Rise Nearly 9,000% In 2020
Palantir Technologies Inc (NASDAQ: PLTR) CEO Alexander Karp was paid $1.10 billion last year for his service to the data analytics company. read more.....»»
Ant, Uber-Backed Indian Food Delivery Startup Zomato Sets For $1.1B US IPO
Jack Ma’s Ant Group and Uber Technologies Inc (NYSE: UBER)-backed Indian food delivery start-up, Zomato, has proposed to raise $1.1 billion (INR82.5 billion) from an initial public off read more.....»»
Elon Musk"s SpaceX wins $2.9 billion NASA moon landing contract
Privately held Space Exploration Technologies Corp., or SpaceX, was selected by NASA on Friday to move forward in developing a human landing syste.....»»
L3Harris to sell its military training, combat propulsion businesses for $1.45 billion
CAE Inc. announced Monday an agreement to buy L3Harris Technologies Inc.'s military training business for $1.05 billion. CAE expects the deal to add to earnings in the first full year after.....»»
Bill Gates makes impassioned plea for innovative climate solutions in new book
Gates has invested more than $2 billion into green technologies, ranging from plant-based meat substitutes to new ways of manufacturing steel and cement......»»
NIC stock soars toward 21-year high after $2.3 billion buyout deal with Tyler Technologies
Shares of NIC Inc. shot up 15.4% toward a 21-year high in premarket trading Wednesday, after the digital government solutions and.....»»
Uber Acquires Alcohol Delivery Business Drizly In $1.1B Deal: What Investors Need To Know
Uber Technologies Inc. (NYSE: UBER) announced Tuesday that it has acquired Drizly in a $1.1-billion dollar deal. read more.....»»
Uber to buy Drizly on-demand alcohol company for $1.1 billion, stock surges
Shares of Uber Technologies Inc. rallied 5.3% in premarket trading Tuesday, after the ride-hailing company announced an agreement to buy on-demand alcohol marketplace Drizly for $1.1 bil.....»»
Exxon launched a $3 billion effort focused on lowering its emissions after investors pressured the oil giant to address climate change
The company will put $3 billion into low-carbon technologies through 2025 and initially focus on carbon capture and storage. An Exxon refinery in Bat.....»»
SpaceX raising another astronomical funding round, per report
Space Exploration Technologies Corp. is in the midst of another massive funding round, according to a new report. The new financing could rocket the Hawthorne, California-based aerospace company's valuation to anywhere from $60 billion to $92 bil.....»»
SoftBank Dumps $2B Worth Of Uber Shares After Stock"s Rally
SoftBank Group Corp’s (OTC: SFTBY) Vision Fund has disposed of $2 billion worth of Uber Technologies Inc (NYSE: UBER) common stock shares last week, as reported earlier by read more.....»»
Teledyne to acquire Flir Systems in cash-and-stock deal valued at about $8 billion
Teledyne Technologies Inc. has agreed to acquire Flir Systems Inc. in a ca.....»»
Jim Simons" Renaissance slashed its stakes in Amazon and Starbucks, and pulled $1.2 billion out of Tesla last quarter
Sylvain Gaboury/Getty Images Renaissance Technologies cut it.....»»
Uber Values GrubHub At $6B In Their Acquisition Deal: Report
Uber Technologies Inc.'s (NYSE: UBER) acquisition offer to GrubHub Inc. (NYSE: GRUB) values the latter at $6 billion, the read more.....»»
Uber is discussing a takeover deal with Grubhub for roughly $6 billion: report
Uber Technologies Inc. and Grubhub Inc. are in talks over an acquisition that would value Grubhub at roughly $6 billion, according to a .....»»
Uber loses nearly $3 billion in three months, but stock rebounds after hours
Uber Technologies Inc. announced a quarterly loss of nearly $3 billion Thursday afternoon, including a write-down of more than $2 billion related to its investments in Asian partners, as the ride-hailing industry suffers from the COVID-19 pandemic......»»
The Ratings Game: Uber stock pops despite big losses as company ‘did not disappoint’ with its recovery talk
Uber Technologies Inc.’s quarterly loss of nearly $3 billion didn’t do much to dent analysts’ enthusiasm for the ride-hailing stock as Uber’s management outlined plans to cut costs due to pressures from COVID-19......»»
COVID-19 could cost hospitals $200 billion through June
Uber Technologies will eliminate 3,700 jobs and permanently close 180 driver service centers, the first in a series of cost-cutting measures to be announced in the next two weeks as a response to the... To view the full story, click the title link......»»
Uber loses nearly $3 billion in three months, stock heads south in late trading
Uber Technologies Inc. announced a quarterly loss of nearly $3 billion Thursday afternoon, including a write-down of more than $2 billion related to its investments in Asian partners, as the ride-hailing industry suffers from the COVID-19 pandemic......»»