Tag Archives: billion

Boston Dynamics For $1 Billion

  If you’ve ever seen a video of an unsettlingly lifelike robot, it was probably a Boston Dynamics machine. The company just started selling its first product, the Spot quadruped robot. Owner SoftBank apparently feels this is the best time to unload the company, which it purchased from Google in …

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$3.5 Billion Semiconductor

  Taiwan Semiconductor Manufacturing Co, known more commonly as TSMC, has announced a major expansion in an unexpected place: the USA. TSMC says it will build a new semiconductor fab in Arizona. The project should get off the ground next year with funding from TSMC, the state of Arizona, and …

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Billion Dollar Startup

Greenlight Financial Technology, the fintech company that pitches parents on kid-friendly bank accounts, has raised $215 million in a new round of funding. The round gives the Atlanta-based startup a $1.2 billion valuation thanks to backing from Canapi Ventures, TTV Capital, BOND, DST Global, Goodwater Capital and Fin VC. It’s …

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Earth’s Inner Core

The inner core of our planet is between 1 and 1.3 billion years old, according to new research led by the University of Texas at Austin and Carnegie Institution for Science. Earth’s internal structure: dense solid metallic core, viscous metallic outer core, mantle and silicate based crust. Image credit: NASA. …

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How Intel Lost $10 Billion

— and the Mobile Market Update (6/1/2020): We’ve republished the story below as a discussion of how Intel’s mobile efforts consumed so much of the company’s attention, yet ultimately came to naught. In the years since this story was published in 2016, Intel attempted to build a competitive 5G modem …

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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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