Apache Spark’s Latest Funding Round Concludes With $60 Million Investment
Apache Spark has raised $60 million in its latest round of funding. The company said that the new investment will be used to expand product development.
Corporations
UMG Denies Involvement in Drake vs. Kendrick Lamar Beef as CEO Faces Shareholders’ Ire
Universal Music Group has denied allegations that it has intervened in the beef between Aubrey “Drake” Graham and Kendrick Lamar Duckworth, while also being under fire after Glass Lewis urged shareholders to revolt against a salary increase for its CEO, Lucian Grainge.
Warren Buffett Issues Grave Warning About AI, Saying It Would Make Scams Far More Convincing, Revving Up Fraud
Berkshire Hathaway Chairman and CEO Warren Buffett has warned about AI scams...
Donald Trump Secures Another $1.6 Billion Worth of Shares in Trump Media
Former President Donald Trump has received another $1.6 billion worth of shares in Trump Media & Technology Group...
Trump Media Investors Finally See Uptick in Their Shares for 2 Straight Days
Trump Media shares closed almost 26% higher on Thursday...
Moderna Pauses Kenya Plant Plan After Losing $1 Billion as COVID-19 Vaccine Demand Slumps
Moderna announced on Thursday that it has decided to halt its plans to...
Donald Trump's Truth Social Stock Continues to Rapidly Fall, Wiping Out Billions of Dollars in Value
Shares of Trump Media & Technology Group, the social media company tha...
Latest News
Infosys Invests In ideaForge’s Drones
Infosys has invested an undisclosed amount to homegrown startup ideaForge from its Innovation Fund. ideaForge has been a known manufacturer of unmanned aerial vehicles in India.
General Motors Pledges $328 Million Investment, Retains Workers
General Motors announced its plans to invest $328 million to to its Tonawanda and Lockport plants. The news came as a relief to the workers who felt reassured of their future as the company will retai
Apple Hints Possible Investment In SoftBank’s $100 Billion Tech Fund
Unconfirmed reports surfaced about Apple meeting with the telecommunications giant SoftBank for a $1 billion investment in the latter's tech fund. The fund is set to be launched next year to support e
Investment Industry Waits For Trump’s Stance On Fiduciary Rule
The landscape for the investment industry remains uncertain as the financial advisors and broker-dealers are yet to know the intention of the incoming administration regarding the fiduciary rule. The
Honda, Grab Seals Partnership With Strategic Investment
Honda has invested an undisclosed sum to Uber's Asian rival, Grab, in a partnership that looks to boost services amid increased competition.
Investing In Fewer Stocks Reaps Richer Dividends – Study
The latest Motilal Oswal study stated that focused investing will fetch higher returns than spreading investments over a larger number of stocks. The study also reported on the key factors in getting
SoftBank Pledges $50 Billion Investment In U.S.
President-elect Donald Trump met with SoftBank CEO Masayoshi Son on Tuesday. The telecom mogul confirmed his plan to invest $50 billion in the U.S., with the aim of creating 50,000 jobs.
Investors on Swiss Company Roche Remain Cautious Despite Overall Business Improvement
Swiss pharmaceutical giant Roche has experienced an improved revenue this year. However, it also saw a decline in market cap as its invetors remain cautious on broader industry factors.
CLG Pushes $375 Billion Cities Green Investment
An estimation of $375 billion should be invested by the world's cities in the next 4 years.
