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SoftBank Group Corp CEO Masayoshi Son said on Oct 22 that the sale of chip designer Arm to Nvidia Corp will drive growth in computing power, in his first public comments since the US$40bil (RM165.85bil) deal was announced in September.
DETROIT (Reuters) - Electric Last Mile Solutions (ELMS) said on Friday it has agreed to go public through a reverse merger with blank-check company Forum Merger III Corp in a deal that values the U.S. electric commercial vehicle maker at $1.4 billion.
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.
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.
IBM is moving its focus away from the lacklustre health unit, to focus on its faster-growing cloud computing operations, say sources.
(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%.
Volocopter GmbH raised €200mil (RM980.04mil) in additional capital, the latest move in the increasingly competitive race to be the first electric air-taxi firm to start commercial flights.
(Reuters) - Walmart Inc-owned Indian e-commerce giant Flipkart is exploring going public in the United States through a deal with a blank-check firm, although a traditional stock market listing is much more likely, people familiar with the matter said.
SINGAPORE (Reuters) -Grab Holdings, the largest ride-hailing and food delivery firm in Southeast Asia, clinched a merger on Tuesday with special-purpose acquisition company Altimeter Growth Corp securing a valuation of nearly $40 billion and paving the way for a coveted U.S. listing.
SINGAPORE (Reuters) - Grab, Southeast Asia's biggest ride-hailing and food delivery firm, is going public in the United States via a merger with special-purpose acquisition company Altimeter Growth Corp securing a valuation of nearly $40 billion.