After investing nearly $2 billion of its Innovation Fund in Latin America in 2019, Softbank announced this month that it would add an additional $1 billion into the fund to continue supporting tech startups across the region. While the Japanese investor faces…
Sean Gallup/Getty Images Deutsche Bank surged as much as 14% Thursday morning after gaining a major investment from fund giant Capital Group.The fund manager revealed a 3.1% stake in the bank in Frankfurt on Thursday, Bloomberg reported. Cap…
Deutsche Bank surged as much as 14% Thursday morning after gaining a major investment from fund giant Capital Group.The fund manager revealed a 3.1% stake in the bank in Frankfurt on Thursday, Bloomberg reported. Capital Group is now Deutsche…
Google will be investing over $10 billion into the U.S. in 2020, mostly focused on its data centers and offices. The firm will focus its investments on 11 states, including Colorado, Georgia, Massachusetts, Nebraska, New York, Oklahoma, Ohio, Pennsylvania, T…
ATHENS (Reuters) – A European money laundering watchdog has cautioned that a secretive investment-for-passports program run by Cyprus was vulnerable to money laundering and fraught with risk. The Mediterranean island launched the scheme offering passports fo…
LONDON/MILAN (Reuters) – Goldman Sachs, Citigroup Inc, Credit Suisse and other investment banks have curbed trips to Italy amid fears that the coronavirus outbreak across the north of the country could quickly spread across Europe, sources said. Lazard, BNP…
VC firm TLcom Capital has closed its Tide Africa Fund at $71 million with plans to make up to 12 startup investments over the next 18 months. The group with offices in London, Lagos, and Nairobi is looking for tech enabled, revenue driven ventures in Afric…
Back in 2018 OurPath emerged as a startup in the UK tackling the problem of diabetes. The company helped customers tackle the disease, and raised a $3m round of funding by combining advice from health experts with tracking technology via a smartphone app to h…
The vehicle is based on Rosenbauer’s Concept Fire Truck (CFT), which has two batteries with a charge capacity of 100 kilowatt hours. This is the equivalent of around two hours’ operation, although it’ll come with an on-board diesel generator if it’s needed fo…
After the fatal crash, Uber stopped testing its self-driving cars in all four of its testing grounds — Tempe, Arizona; Toronto; San Francisco and Pittsburgh. However, the company resumed testing in Pittsburgh just months later, and has plans to begin tests i…