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Samsung to boost logic chip investment to KRW171 trillion by 2030

Samsung Electronics has announced plans to invest a total of KRW171 trillion (US$151 billion) in its system LSI and foundry businesses through 2030, an increase of KRW38 trillion from the KRW133 trillion targeted previously......»»

Category: topSource: digitimesMay 14th, 2021

The UK"s state-run investment bank won"t say where it spent £1 billion of taxpayer money

The government has repeatedly given millions in pandemic-related contracts to friends of ministers and Conservative MPs. UK Prime Minister Boris Johnson. Getty.....»»

Category: personnelSource: nytMay 12th, 2021

Seegene reports solid results in the first quarter of 2021 with KRW 351.8 billion

SEEGENE POSTS KRW 193.9 BIL. IN OPERATING PROFIT, UP 388% ON-YEAR OPERATING PROFIT RATIO AT 55%, DESPITE CONSTANT INVESTMENT IN R&D AND EMPLOYEES SEOUL, South Korea, May 11, 2021 /PRNews.....»»

Category: personnelSource: nytMay 12th, 2021

London Markets: SoftBank’s $2.3 billion deal pushes shares in e-commerce group higher as London stocks slump

Japanese investment giant Softbank’s $2.33 billion investment in THG prompted shares in the online fashion retailer to soar on Tuesday, far outpacing other stocks in London, which faced a down day of trading......»»

Category: topSource: marketwatchMay 11th, 2021

Galaxy Digital to acquire digital assets infrastructure provider BitGo for $1.2 billion in cash and stock

Galaxy Digital Holdings Ltd. , a financial services and investment manager in the digital asset, cryptocurrency and blockchain technology sectors, said Wednesday it has agreed.....»»

Category: topSource: marketwatchMay 5th, 2021

Coinbase investor Fred Wilson said bitcoin could be a "fantasy" when he first invested in 2013. His firm"s stake is now worth a whopping $4.6 billion, or 1,840 times its initial investment

The legendary investor didn't think mu.....»»

Category: topSource: businessinsiderApr 30th, 2021

Tesla"s bitcoin stash grows to $2.48B

Tesla Inc. said on Wednesday that the fair market value of its bitcoin holdings was $2.48 billion, suggesting it is sitting on a sizeable gain on its initial investment......»»

Category: topSource: foxnewsApr 28th, 2021

North Carolina triumphed over Midwest state to win $1 billion investment from Apple

North Carolina beat strong competition to reel in the tech giant's 3,000-job commitment, winning the project despite the main challenger being a state with no corporate income tax......»»

Category: topSource: bizjournalsApr 27th, 2021

Tesla reveals $101 million bitcoin profit following its massive cryptocurrency investment

In February, Elon Musk's automaker announced that it had bought $1.5 billion worth o.....»»

Category: smallbizSource: nytApr 27th, 2021

Apple pledges to increase U.S. investments by $80 billion, plans North Carolina campus

Apple said it would increase its investment and hiring in the United States, including a new campus in North Carolina......»»

Category: topSource: washpostApr 26th, 2021

Bitcoin Could Fall As Low As $20,000, According To Guggenheim"s CIO

Scott Minerd — the chief investment officer at Guggenheim Partners, a financial services firm managing over $310 billion — believes that Bitcoin (CRYPTO: BTC) could soon see a significant downwards movement. read more.....»»

Category: blogSource: benzingaApr 21st, 2021

New Residential Investment to acquire Caliber Home Loans for $1.675 billion in cash

New Residential Investment Corp. said Wednesday it has entered an agreement with units of Lone Star Funds to acquire Caliber Home Lo.....»»

Category: topSource: marketwatchApr 14th, 2021

Outside the Box: Space infrastructure is the next investment frontier and SPACs are a launch pad

The global space industry is expected to generate revenue of $1.4 trillion or more by 2030, up from $350 billion in 2020......»»

Category: topSource: marketwatchApr 13th, 2021

What three contenders are offering for Samsung’s $17B chip plant

Samsung’s potential $17 billion chipmaking plant will bring massive investment to whichever region is chosen by the technology giant......»»

Category: topSource: bizjournalsApr 12th, 2021

StockX Valued 35% Higher At $3.8B In Latest Funding

StockX LLC said Thursday it has raised $255 million in a funding round led by existing investor Altimeter Capital and Dragoneer Investment Group as a new investor, valuing the e-commerce startup at $3.8 billion. read more.....»»

Category: blogSource: benzingaApr 8th, 2021

Market Extra: The next rising stars of the debt world? Probably corporate fallen angels

Investors are gearing up for "rising stars" in the U.S. corporate debt world, after last year saw a record of nearly $250 billion worth of "fallen angels," or investment-grade corporate bonds downgraded to speculative territory......»»

Category: topSource: marketwatchApr 7th, 2021

Invitae surges after report says Softbank will lead a $1.2 billion investment in the genetic-testing company

Invitae announced it will acquire the genomics company Genosity for $200 million on Monday after landing a convertible note investment from Softbank. Courtesy of Invitae The genetic testing company Invitae is .....»»

Category: smallbizSource: nytApr 5th, 2021

Hedge Fund and Insider Trading News: Jeffrey Gates, Warren Buffett, Alden Global Capital, Tiger Global Management, Archegos Capital Management, Vision Ridge Partners, Facebook Inc (FB), Globaltrans Investment PLC (GLTVF), and More

Tiger Global Raises its Thirteenth Global Fund of $6.65 Billion (The Economic Times) New York-based investment firm Tiger Global has raised .....»»

Category: topSource: insidermonkeyApr 4th, 2021

This American Gave Away His Entire $8 Billion Fortune

Wall Street has experienced volatility a number of times since March 2020. COVID-19, GameStop’s activist short squeeze, and the Suez Canal blockage all shook up worldwide commerce. Investment firm........»»

Category: blogSource: 247wallstApr 4th, 2021

Taiwan Semiconductor sets plans for $100 billion investment: reports

Taiwan Semiconductor Manufacturing Co. plans to spend $100 billion over the next three ye.....»»

Category: topSource: marketwatchApr 1st, 2021