Bloomberg

California-based software startup Clickup’s value has jumped by approximately five times since its previous funding round earlier this year, Bloomberg reports. The workplace productivity software company’s valuation touched $1 billion based on the latest $100 million...

Space Exploration Technologies Corp., or SpaceX, is in talks with investors to raise fresh funding, as per Business Insider. What Happened: The Elon Musk-led aerospace company is seeking a valuation of $92 billion in the funding round, which it intends to close by January, Bloomberg...

Restocking of Sony Corporation (NYSE: SNE) and Microsoft Corporation’s (NASDAQ: MSFT) PlayStation 5 and latest Xbox consoles left Gamestop Corporation’s (NYSE: GME) employees surprised, Bloomberg reported Monday. What Happened: The employees were given little notice of the...

Stockholm headquartered private equity group EQT AB will buy Swedish pharma company Recipharm AB for $2.1 billion, according to company's press release. The transaction will be routed through Roar BidCo AB, a limited liability company established on Nov. 10,...

Pfizer Inc (NYSE: PFE) and BioNTech SE (NASDAQ: BNTX) plan to allow the participants in the COVID-19 vaccine trials to learn if they were part of the placebo group and offer them free shots, Bloomberg reports. What Happened: Pfizer, in an emailed statement to Bloomberg,...

The Past Week, In A Nutshell What Happened: After auctioning to new all-time highs, U.S. index futures moved back into balance. Remember This: “With Global Liquidity jumping by some US $20 trillion in 2020, or some 25% of World GDP, there is a lot to spend... Consider that following the 1930s...

Oracle Corporation (NYSE: ORCL) has joined the list of tech companies that haved their headquarters out of California, Bloomberg has reported. What Happened: The computer technology giant announced on Friday that it had moved its headquarters to Austin, Texas, from Silicon Valley....

The IPO frenzy of the past week is part of a larger picture that has taken shape this year, and Robinhood traders are a big part of what's behind it, Bloomberg reports this weekend. Pandemic Idle Time: AirBnB Inc (NASDAQ: ABNB), DoorDash Inc (NYSE: DASH) and C3Ai Inc (NYSE: AI) each saw...

Apple Inc’s (NASDAQ: AAPL) senior vice president of hardware technologies, Johny Srouji, disclosed in the virtual town hall meeting on Thursday that it has started building its own cellular modem chips for future devices, Bloomberg reports. What Happened: “This year, we...

Environmental impact research by the Global Carbon Project suggests that global carbon emissions from greenhouse gas could fall by 2.4 billion tonnes in 2020, 7% less than in 2019, the largest decline on record. On an absolute basis, the research puts the figure of CO2 emissions at 34...

Apple Inc’s (NASDAQ: AAPL) town hall meeting with employees took place virtually on Thursday. The company’s chief Tim Cook said that it is unlikely for most teams to return to the office before June, Bloomberg reports. What Happened: Cook said that Apple has an office-...

Japan's SoftBank Group Corp. (OTC: SFTBY) is considering going private by gradually buying back stock until founder Masayoshi Son has a significant enough stake to squeeze out the remaining investors, Bloomberg reports. What Happened: SoftBank's stock in Japan surged 5.6...