Japan planning ¥100 billion tech fund for financial safety

Japan planning ¥100 billion tech fund for economic security

Economic revitalization minister Daishiro Yamagiwa on Sunday revealed a plan to set up a fund to support the development of cutting-edge technologies crucial for the country’s economic security. “The government will fully support private-sector companies’ research and development activities for advanced technologies, and their efforts to prepare a business environment for such technologies,” he said … Read more

Tech Moguls Again GoodLeap’s Inexperienced Housing Push With $12 Billion Valuation

Tech Moguls Back GoodLeap’s Green Housing Push With $12 Billion Valuation

Americans are going to need at least $450 billion to turn their homes green in coming years, says entrepreneur Hayes Barnard, and he wants to get it to them. Mr. Barnard, a former top executive at SolarCity Corp., raised more than $1 billion in the past 10 months from tech investing luminaries like Michael Dell … Read more

Emerson Electrical Plans $11 Billion Software program Merger With Aspen Tech

Emerson Electric Plans $11 Billion Software Merger With Aspen Tech

Emerson Electric  (EMR) – Get Emerson Electric Co. Report unveiled plans Monday for an $11 billion merger with Aspen Technology  (AZPN) – Get Aspen Technology, Inc. Report that the pair said will accelerate growth their combined growth in the industrial software sector.  Aspen Technology shareholders will get $87 in cahs, as well as 0.42 shares of the combined … Read more

West Midlands on monitor to create an additional 52,000 digital tech jobs and develop by £2.7 billion

West Midlands on track to create an extra 52,000 digital tech jobs and grow by £2.7 billion

Area predicted to create extra 52,000 tech roles by 2025 Region could add £2.7 billion to the economy by 2025 The West Midlands has been named the country’s fastest-growing tech sector and the region’s thriving digital industries are expected to create thousands of new jobs by the end of 2025. According to a new government … Read more

This almost $40 billion tech firm has unleashed a secret weapon to draw staff

This nearly $40 billion tech company has unleashed a secret weapon to attract workers

Zscaler founder and CEO Jay Chaudhry tells Yahoo Finance Live he has been able to hire one-third of his company’s 3,153 workers during the super competitive environment for talent this past year.   How is he doing it at the nearly $40 billion market cap cloud security company? The power of the mighty stock option. “It’s … Read more

Massive Tech Corporations Might High $100 Billion in Free Money in 5 Years

Big Tech Firms Could Top $100 Billion in Free Cash in Five Years

If stock investors seem antsy, perhaps it’s because a long stretch of easy earnings growth for U.S. companies is coming to an end. Meanwhile, there’s an historical footnote: Four American technology giants could soon pass Saudi Aramco to become the world’s most prosperous companies, beginning with one in a matter of weeks. I plan to … Read more

Rivian particulars $1 billion loss, Amazon deal in IPO submitting – Day by day Information

Rivian details $1 billion loss, Amazon deal in IPO filing – Daily News

By Crystal Tse and Ed Ludlow | Bloomberg Rivian Automotive, the Irvine-based developer of electric pickups backed by Amazon.com, disclosed a net loss of almost $1 billion in the first half of the year in its initial public offering paperwork. The startup in a filing Friday with the U.S. Securities and Exchange Commission listed the … Read more

San Antonio tech firm Pathwire snatched up for $1.9 billion

San Antonio tech company Pathwire snatched up for $1.9 billion

For those of us who don’t work in tech, the idea of the “cloud” can be hard to comprehend. The idea of something in the “cloud” being worth nearly $2 billion can be mind-boggling.  But it is, and now one San Antonio company is experiencing a windfall thanks to this week’s blockbuster deal.  On Thursday, … Read more

Merck Inventory: $11.5 Billion Acceleron Deal Confirmed; Provides To Most cancers Dominance

Merck Stock: $11.5 Billion Acceleron Deal Confirmed; Adds To Cancer Dominance

Merck stock creeped higher Thursday after the Dow Jones drug giant confirmed it would buy rare disease-focused biotech Acceleron Pharma (XLRN) for $11.5 billion. X Rumors emerged over the weekend that Acceleron was entertaining a suitor and, earlier in the week, reports suggested Merck could be the contender. Merck (MRK) will pay $180 per share, … Read more

Toast surges in NYSE debut after IPO valued firm at $20 billion

Toast surges in NYSE debut after IPO valued company at $20 billion

Toast IPO at the New York Stock Exchange, September 22, 2021. Source: NYSE Toast shares soared 56% in their New York Stock Exchange debut Wednesday after the provider of technology to restaurants priced its IPO above its expected range. The company, whose products are used at more than 48,000 restaurant locations, raised about $870 million … Read more