According to the Wall Street Journal, the flow of cash to startups is slowing as venture capital investors become more restrained. Several startups have recently announced layoffs or shut down entirely, and the number of […]
Exchange operator Nasdaq Inc. (NDAQ.O) plans to set up a venture capital arm to invest in financial technology companies that can help grow its own businesses. Nasdaq is best known for running stock exchanges around […]
SoftBank Group Corp has agreed to invest $1 billion in U.S. satellite venture OneWeb Ltd. The investment is part of a $1.2 billion fundraising by OneWeb, which is seeking to provide affordable internet access to […]
Germany’s spending on research and development rose 9.5% to €62.4 billion last year, a record. By far the biggest factor driving the trend was investment by the auto industry, which spent €21.7 billion on R&D. […]
BlackRock Inc plans to lead the next funding round for the startup iCapital Network, which gives individual investors access to private equity funds, hedge funds, and other alternative investments, the two companies said on Thursday. […]
Microsoft co-founder Bill Gates, Facebook CEO Mark Zuckerberg, Amazon CEO Jeff Bezos and other tech leaders have announced a $1 billion investment to research and develop clean energy technology. Gates has stressed a need to […]
Google grants funding for the Montreal Institute for Learning Algorithms, with a highlighted aim of solving “some of the biggest challenges in machine learning and AI, including applications in the realm of systems that can understand […]
IBM Cloud is making the largest commitment it has ever made to one country at a single point in time after tripling its cloud capacity in the U.K. The move will see Big Blue open […]
Hedge funds using cloud technology to store data off-site might be more secure than those using in-office servers. However, cyberattack concerns have resulted in industry reluctance, and much of this initial outsourcing is for less […]
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