Tag Archives: billion

SoftBank is in talks to invest up to $4 billion in WeWork

SoftBank is being linked with an investment that could value WeWork at more than $20 billion. CNBC reported that the Japanese telco giant is gearing up to make an initial investment of $2 billion into WeWork, with a view to putting nearly $1 billion more into the firm. The publication said …

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Greylock closes $1 billion fund

Greylock Partners is removing another $1 billion to deposit in startups. The long-time try collateral organisation is announcing a 15th fund, bringing a sum to $3.5 billion now underneath management. With 50 years of investing in a books, Greylock has corroborated attention leaders in a craving IT and consumer internet …

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Apple may participate in $100 billion SoftBank fund

Apple is considering investing up to $1 billion in the SoftBank Vision Fund, according to a report from the Wall Street Journal. With a fundraising target of $100 billion, Apple’s participation would mean that the world’s largest tech company would be investing in the world’s largest tech fund. SoftBank itself …

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Verizon buys Yahoo for $4.83 billion

After a months-long bidding process and many layoffs, Yahoo has finally found a buyer. Verizon (which owns AOL, which owns TechCrunch) is officially acquiring Yahoo’s core business for $4.83 billion in cash, which includes Yahoo’s advertising, content, search and mobile activities. “Just over a year ago we acquired AOL to enhance …

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Facebook to buy WhatsApp for US$16 billion

Image: Jan Persiel/Flickr (Creative Commons) Facebook CEO Mark Zuckerberg has just announced that popular cross-platform mobile messaging app, WhatsApp, will become a part of the Facebook in a sale worth US$16 billion in cash and stock. The service, which is used by 450 million people every month, will remain separate from …

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