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(Reuters) - Electric-car maker Fisker Inc said it will work with Apple Inc supplier Foxconn to produce more than 250,000 vehicles a year beginning in late 2023, sending its shares up 18%.
NEW YORK: Apex Clearing Corp, a financial technologies firm that focuses on securities custody and clearing, has agreed to go public through a merger with the blank-check company Northern Star Investment Corp II, according to people familiar with the matter.
IBM is moving its focus away from the lacklustre health unit, to focus on its faster-growing cloud computing operations, say sources.
An electric-vehicle-battery startup was able to produce multilayer battery cells, a crucial stumbling block in creating a safer and cheaper alternative to current lithium-ion batteries.
TOKYO: SoftBank Vision Fund managing partner Colin Fan is leaving his role at the behemoth investment fund, marking the second departure of a managing partner this month, according to people with knowledge of the matter.
Tech conglomerate to take six portfolio companies public
NEW YORK: Bill Ackman’s Pershing Square Capital Management reported its second-consecutive record performance in 2020 by returning more than 70% on its investments.
JAKARTA, Jan 5 (Reuters/Bloomberg): Indonesian ride-hailing and payments firm Gojek and e-tailer PT Tokopedia are in advanced talks for a $18 billion merger that they aim to seal in the first half of 2021, two people with knowledge of the matter told the media on Tuesday.
Indonesia’s ride-hailing and payments giant Gojek is in advanced discussions about merging with local e-commerce pioneer PT Tokopedia, ahead of a planned initial public offering of the combined entity, according to people with knowledge of the matter.
IT seems like everyone’s launching a special-purpose acquisition company (SPAC) these days, but you could have bet on Softbank Group Corp maestro Masayoshi Son and his lieutenant Rajeev Misra finding a way of putting an eyebrow-raising spin on the blank-check phenomenon. They haven’t disappointed.