Ford to Invest $11 Billion by 2022 on New Electric Cars Ford Motor will increase to $11 billion its investment in electrified vehicles between now and 2022, saying it will introduce 16 battery-electric cars and 24 hybrids or plug-in hybrids around the world in the next few years.
Funding
SEP Announces Investment in Communications Technology Leader
SEP Announces Investment in Communications Technology Leader Scottish Equity Partners (SEP) has completed a £25 million investment in Redwood Technologies Group (Redwood), acquiring a minority stake in the UK-headquartered international provider of communications technology and cloud contact centre solutions.
Banking Innovation Strikes Back
Banking Innovation Strikes Back The Floor has published a report focused on banking innovation, which reveals a history of ground-breaking innovations spanning the Middle Ages through the Blockchain revolution.
Ollie completes $15M financing; Series A led by Aviva Investors and Employees Retirement System of Texas
Ollie completes $15M financing; Series A led by Aviva Investors and Employees Retirement System of Texas
Softbank to invest 460 million euros in Germany's Auto1
Softbank to invest 460 million euros in Germany's Auto1 Japan’s Softbank will invest 460 million euros ($561 million) in used-car dealing platform Auto1, marking the first investment in Germany by its Vision Fund, according to sources familiar with the matter.
Latest News
Facebook-owned Oculus gets patent infringement lawsuit Oculus, a virtual reality (VR) company acquired by Facebook, was sued for patent infringement. Reuters reported that TechnoView IP, a technology trading company, filed a patent infringement lawsuit against Oculus and Facebook in the US federal court in Delaware on July 7 (local time).
Olaf Carlson-Wee is the 27-year-old raised $10 million from venture capitalists for an unusual hedge fund
A total of $12.5 billion in settlements from Deutsche Bank and Credit Suisse may be on the way for borrowers who got mortgages before the housing bust.
A former portfolio manager at New York State Common Retirement Fund and two brokers were charged with securities fraud after being involved in a bribery scheme that started early in 2014.
The NFL Players Association launched the OneTeam Collective to provide access to capital and licensing rights to startups.
The Biggest Hedge Fund Paydays Of 2016, From Charter Communications To Natural Gas Hedge fund investors have a lot to celebrate as 2016 draws to a close and they sharpen their pencils on new investment ideas and macroeconomic themes for the coming year.
The Australian government boosted its funding to AU$76 million to encourage partnerships between university researchers and the industry. The fund forms part of the AU$1.1 billion National Innovation and Science Agenda.
The European Union has started funding military research that will boost the military capabilities of the continent. This move is in response to the growing threat of terrorism and political crises.
Feds charge hedge-fund managers with $1B embezzlement According to a federal indictment, Platinum Partners founder Mark Nordlicht and four others faked the hedge fund's books for years to allow them to siphon off one billion dollars to their personal accounts, swindling 600 investors.
