The remdesivir treatment being developed by Gilead Sciences, Inc. (NASDAQ: GILD) could potentially have a price tag of about $4,500 each round and generate over $2 billion.
Intel Corporation (NASDAQ: INTC) announced it has acquired Moovit, which is a mobility-as-a-service (MaaS) solutions company for approximately $900 million.
Knowde, an online marketplace connecting over 700 major chemical producers with customers around the globe, announced it raised $14 million in funding led by Sequoia Capital.
Andreessen Horowitz general partners Chris Dixon and Katie Haun announced that the venture capital firm has launched a new $515 million blockchain fund called Crypto Fund II.
ASAPP, an artificial intelligence research-driven company advancing the future of productivity and efficiency in customer experience, announced it has raised $185 million.
Private equity firm Apollo Global Management (NYSE: APO) is investing $300 million (about €276 million) in Cimpress PLC, which is the parent company of Vistaprint.
Apple Inc. (NASDAQ: AAPL) recently announced its earnings report and revealed that it will be spending an additional $50 billion in buybacks and a dividend increase.
Amazon.com, Inc. (NASDAQ: AMZN) revealed that it is planning to spend all of its profit from the second quarter (about $4 billion) to respond to the coronavirus pandemic.
Smart business card and mobile app company Blue announced it has raised a $1.368 million Series Seed Round led by billionaire venture capitalist Tim Draper.
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