4 Minutes
billion Cathay Fund innovation launches multistage Seed TechCrunch Technology

Cathay Innovation launches third $1 billion multi-stage seed fund – TechCrunch

[ad_1] Global venture capital firm Cathay-Innovation announced its third fund, targeting €1 billion ($1.05 billion) across a wide range of companies and technologies around the world. With Fund III, Cathay Innovation is launching what...
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acquisition bail Bid billion invalid Musk Technology tells Twitter Wrongful -1 Minute

Twitter tells Musk his bid to bail out $44 billion acquisition is ‘invalid and wrongful’

[ad_1] Twitter lawyers have to Elon Musk for his attempt to bail out his $44 billion takeover of the company. The company said on Friday, immediately after Musk officially announced that he wanted to...
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2 Minutes
billion euros Factory france GlobalFoundries invest Semiconductors STMicroelectronics Technology

Semiconductors: STMicroelectronics and GlobalFoundries will invest 5.7 billion euros in a factory in France

[ad_1] STMicroelectronics and GlobalFoundries have announced the construction of an electronic component factory in Crolles, in Isère. This will be adjacent to the existing production unit run by the Franco-Italian semiconductor manufacturer. If Intel...
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billion Brazilian employees laying loft proptech startup TechCrunch Technology valued year -3 Minutes

Brazilian proptech startup Loft, which was valued at $2.9 billion last year, is laying off 380 employees – TechCrunch

[ad_1] attica brazilian proptech unicorn, has laid off about 380 employeesor 12% of its workforce, the company announced today. The layoff marks the company’s second round of cuts this year so far. In April,...
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4 Minutes
acquisition billion Byju Delays edtech giant hundreds Indian lays payment TechCrunch Technology workers

Indian edtech giant Byju delays $1 billion acquisition payment, lays off hundreds of workers – TechCrunch

[ad_1] For a preview of the biggest and most important stories from TechCrunch delivered to your inbox every day at 3:00 PM PDT, subscribe here. Greetings on this bump day. We have a housekeeping...
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Accel billion Fund Latestage Lose Momentum rivals Rolls TechCrunch Technology -4 Minutes

Accel rolls out new $4 billion late-stage fund just as some rivals lose momentum – TechCrunch

[ad_1] Accel, the 39-year-old venture capital firm, has just pulled off a major coup. He announced, via a simple blog postthat it just closed a new late-stage global fund with $4 billion in capital...
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