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Japan's Chip Suppliers Are Gaining From Global Chip Crisis: Report
Thursday, March 11, 2021 - 8:35am | 779Read More...A handful of small Japanese suppliers are playing a crucial role in accomplishing demand fulfillment amidst the semiconductor chip crisis, Bloomberg reports. What Happened: Japanese suppliers for the back-end manufacturing of chips like Towa Corp are estimated to witness an...
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Verizon To Fund $36B 5G Airwaves Payment Via Debt: Bloomberg
Thursday, March 11, 2021 - 7:50am | 477Read More...Verizon Communications Inc (NYSE: VZ) paid $8.2 billion to the U.S. Treasury Wednesday and intends to raise an additional $36 billion in debt to fund the airwaves payment, Bloomberg reports. What Happened: Verizon raised $12 billion in a bond sale in November and has set up a $...
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Ant-Backed Bike Sharing Firm Hello Files For IPO: Bloomberg
Wednesday, March 10, 2021 - 4:03pm | 529Read More...Alibaba Group Holding Ltd’s (NYSE: BABA) Ant Group-backed Chinese bike-sharing giant, Hello Inc, has privately filed for a U.S. IPO, Bloomberg reports. What Happened: Hello recently started evaluating investor demand after submitting its filing in the U.S. The...
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Tech War With News Publishers Reaches US: Bloomberg
Wednesday, March 10, 2021 - 3:53pm | 595Read More...The battle between news publishers and Alphabet Inc.’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google and Facebook Inc (NASDAQ: FB) kickstarted in Australia got further intensified as it made way into the U.S., Bloomberg reports. What Happened: Policymakers...
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Cybersecurity Firm Snyk Secures $4.7B Valuation In Latest Funding Round: Bloomberg
Wednesday, March 10, 2021 - 2:47pm | 258Read More...Cybersecurity platform Snyk Ltd disclosed closing a $300 million funding round, quadrupling its valuation to $4.7 billion from 2020 beginning, Bloomberg reports. The transaction included both primary and secondary offerings, translating into fresh capital of $175. As a result, the...
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This Fund Manager Believes Low Bitcoin Prices Could Negatively Impact Tech Stocks
Wednesday, March 10, 2021 - 12:45pm | 357Read More...What Happened: Mark Mobius, founding partner at London-based asset management firm Mobius Capital Partners, expressed concern that lower Bitcoin prices could hit tech stocks “very badly.” In an interview with Bloomberg, Mobius said one of the things he fears in the current...
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Asus Launches ROG Phone 5 Aimed At Android Gamers: Bloomberg
Wednesday, March 10, 2021 - 11:43am | 377Read More...PC and gaming enthusiast gear specialist Asustek Computer Inc (OTC: ASUTZ) launched the latest in its Republic of Gamers smartphone line aiming at Android gamers in markets like China its target market, Bloomberg reports. What Happened: The ROG Phone 5 is populated with up to 18GB of...
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SoftBank-Backed Grab Evaluates US Listing Via SPAC Merger: Bloomberg
Wednesday, March 10, 2021 - 8:57am | 456Read More...SoftBank Group Corp (OTC: SFTBF) (OTC: SFTBY) backed Southeast Asian ride-hailing, and delivery giant Grab Holdings Inc seeks to accelerate its U.S. listing via SPAC merger, Bloomberg reports. JPMorgan Chase & Co (NYSE: JPM) and Morgan...
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Fashion B2B Platform NuOrder Raises $45M In Venture-Backed Funding Round: Bloomberg
Wednesday, March 10, 2021 - 8:14am | 393Read More...Fashion B2B merchandising platform NuOrder Inc raised $45 million in a new round of funding led by venture capital firms Brighton Park Capital and Imaginary Ventures, Bloomberg reports. NuOrder was valued at $800 million. Los Angeles-based NuOrder, founded in 2011, enabled brands...
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IronNet Seeks Public Listing Via SPAC Merger With LGL Systems: Bloomberg
Wednesday, March 10, 2021 - 7:43am | 217Read More...IronNet Cybersecurity Inc, founded by retired U.S. Army General Keith Alexander in 2014, is in talks to go public via a merger with LGL Systems Acquisition Corp (NYSE: DFNS), Bloomberg reports. The SPAC is reportedly planning to raise new equity to support a...
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Pfizer, BioNTech Predict Increase In Capacity To 3B COVID-19 Vaccine Shots In 2022: Bloomberg
Wednesday, March 10, 2021 - 6:47am | 462Read More...BioNTech SE (NASDAQ: BNTX) says it could have the capacity to make 3 billion doses of the COVID-19 vaccine it developed with Pfizer Inc (NYSE: PFE) in 2022, Bloomberg reports. BioNTech’s CEO Ugur Sahin said that the increased manufacturing depends on demand and...
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Singapore's Swat Mobility Contemplates Japan IPO Or US SPAC Listing: Bloomberg
Tuesday, March 9, 2021 - 10:02am | 371Read More...Singapore’s on-demand bus service provider Swat Mobility Pte is contemplating an IPO in Japan to finance its expansion, Bloomberg reports. The start-up recently appointed an international auditing firm as it considered listing on the Tokyo stock exchange. Swat...
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China Telecom Contemplates Secondary Shanghai Listing Post NYSE Debacle: Bloomberg
Tuesday, March 9, 2021 - 9:53am | 293Read More...China Telecom Corp Ltd (OTC: CHJHF) is contemplating a new listing in Shanghai to seek financing months after its NYSE delisting under an executive order from former U.S. President Donald Trump, Bloomberg reports. The state-owned wireless carrier plans to issue 12 billion shares on...
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Vodafone Seeks To Rake $2.4B From Vantage Towers IPO: Bloomberg
Tuesday, March 9, 2021 - 9:32am | 449Read More...U.K. telecommunication major Vodafone Group PLC (NASDAQ: VOD) is planning to rake in $2.4 billion (€2 billion) from an IPO of its European mobile-phone towers unit in Frankfurt, touted as one of the region’s biggest listings in 2021, Bloomberg reports. Vodafone...
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Major Crypto Exchange Coinbase Closes In On Going Public With Pre-IPO Valuation Of $100B
Tuesday, March 9, 2021 - 9:09am | 421Read More...What Happened: Leading cryptocurrency exchange Coinbase Global Inc could soon be valued at $100 billion after officially going public, based on Nasdaq's private auction results last week. According to Bloomberg, shares of Coinbase traded between $350 and $375 per share, giving the...
