Lenovo and Alat complete US$2 billion investment
The global technology powerhouse Lenovo Group Limited and Alat, a PIF company, have announced the completion of the US$2 billion investment (via three-year zero-coupon convertible bonds) alongside reaching the strategic collaboration agreements that were initially announced in May 2024. The deal has received
Dali Spaces: An interview with Martha Mghendi-Fisher
Tell us a bit about your background. Dali Spaces: I am an immigrant, social & impact entrepreneur, international speaker, philanthropist, and angel investor. I am originally from Kenya and migrated permanently to the Netherlands in 2008. I was born and raised
How to raise $18 million investment in 18 months
Most start-ups ask the same thing: "I have a great idea. How do I get money?". Raising money for an innovative idea or a new start-up company is challenging. It requires patience, persistence, and an excellent strategy to approach investors. Dan Hobbs and
Amazon raises investment in India to $26 billion by 2030
By Aditya Kalra and Jahnavi Nidumolu NEW DELHI (Reuters) - Amazon.com Inc said on Friday it will take its investments in India to $26 billion by 2030, adding $6.5 billion in new planned investments in an announcement made after CEO Andy
How Poland snagged Intel’s multi-billion dollar investment
By Karol Badohal and Supantha Mukherjee WROCLAW, Poland/STOCKHOLM (Reuters) - Poland's third-largest city Wroclaw beat rivals last week to be home to the next multi-billion dollar Intel chip factory in Europe, with a two-year campaign promising subsidies, infrastructure, talent and a
Media start-up Semafor raises $19 million to buy out Sam Bankman-Fried’s investment
Sam Bankman-Fried, the founder and former CEO of crypto currency exchange FTX, is escorted out of the Magistrate Court building in Nassau, Bahamas December 21, 2022. REUTERS/Marco Bello/ By Niket Nishant in Bengaluru (Reuters) - Semafor said on Wednesday it has
Volkswagen to invest 180 billion euros in five-year plan
The logo of carmaker Volkswagen Commercial Vehicles is pictured at the IAA Transportation fair, which opened its doors to the public on September 20, 2022, in Hanover, Germany, September 19, 2022. REUTERS/Fabian Bimmer By Victoria Waldersee BERLIN (Reuters) - Volkswagen will invest
Alibaba plans $1 billion investment in Turkey
A person walks past a sign of Alibaba Group during the World Artificial Intelligence Conference, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China, September 1, 2022. REUTERS/Aly Song By Daren Butler ISTANBUL (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd