Tag Archives: raise

For the past year, we’ve all been sitting back and watching Nvidia’s stock price go to the moon. The company generates record-breaking quarterly revenues, with no signs of the money train slowing down because of how AI has taken over the global tech industry. Now, TSMC’s new chairman is saying …

(Photo: Adrian Sulyok/Unsplash)In an alarming yet not-entirely-shocking turn of events, Amazon is working on a new internal messaging tool that will prohibit employees from talking about their working conditions or unionization.  The app in development will block and flag all messages relating to such subjects, according to internal company documents …

Trust wants to give smaller businesses the same advantages that large enterprises have when marketing on digital and social media platforms. It came out of beta with $9 million in seed funding from Lerer Hippeau, Lightspeed Venture Partners, Upfront Ventures and Upper90. The Los Angeles-based company was started in 2019 …

The Chinese CPU design firm Loongson wants to raise $544 million in an IPO as part of a bid to raise funds and further the development of its next-generation products. Loongson is a company we’ve discussed several times over the last few years. Its CPUs use an instruction set based …

It’s not that people nowadays purposely set out to destroy the Earth. We’re just lazy. We’ll do our assignment tomorrow if it means Facebook right now and we’ll do the dishes later even if it means cockroaches will start appearing from dark corners in the house we weren’t even aware …

Crazybaby has now raised over $2.1 million thanks to over 18,000 backers, making sure that it’s Air wireless headphones can move to the next stage of development and go into production. Just a few days are left on the crowdfunding campaign which originally required just $50,000 to take the new …

Image copyright Getty Images Shares in UniCredit have jumped almost 15% after Italy’s biggest bank said it would raise €13bn (£10.9bn) and cut 14,000 jobs to restore its fortunes. The bank plans to use the record rights issue to help remove almost €18bn of bad debt from its balance sheet …

Image copyright AFP Italy’s Monte dei Paschi bank has said it will try to raise €5bn (£4bn; $5.3bn) from investors by year end as it races to avoid a state rescue. In a statement, the world’s oldest bank said it would stick to the recovery plan it outlined on 25 …