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Citigroup (C): Over $1 Billion In Strategic Initiatives To Close Racial Wealth Gaps

By Dan Anderson ● Sep 23, 2020

Citigroup Inc (NYSE: C) and the Citi Foundation today announced over $1 billion in strategic initiatives to help close the racial wealth gap.

Tesla (TSLA) Battery Day And 2020 Annual Shareholder Meeting Announcements

By Amit Chowdhry ● Sep 22, 2020

Today Tesla Inc (NASDAQ: TSLA) held its 2020 annual shareholder meeting and Battery Day event. These are some of the major announcements from the event.

Chinese Electric Vehicle Company WM Motor Raises About $1.5 Billion

By Annie Baker ● Sep 22, 2020

WM Motor — a rapidly growing electric vehicle company in China — announced it raised 10 billion yuan ($1.47 billion) from several state-backed investors.

Clinical-Stage Biotech Company Siolta Therapeutics Raises $30 Million

By Dan Anderson ● Sep 22, 2020

Clinical-stage biotech company Siolta Therapeutics announced it raised $30 million in Series B funding to support the clinical development of its lead product STMC-103H.

Comcast (CMCSA): Trian Fund Management Buys $870 Million Stake

By Dan Anderson ● Sep 22, 2020

Activist investor company Trian Fund Management LP has bought a stake in Comcast (NASDAQ: CMCSA) valued at about $870 million.

Walmart (WMT) And Goldman Sachs (GS) Partner To Offer Capital To Marketplace Sellers

By Amit Chowdhry ● Sep 22, 2020

Walmart Inc (NYSE: WMT) revealed it is partnering with Goldman Sachs Group Inc (NYSE: GS) to offer lines of credit to marketplace sellers.

How Nasdaq (NDAQ) Plans To Advance Inclusive And Diversity Growth

By Amit Chowdhry ● Sep 22, 2020

Nasdaq Inc (NASDAQ: NDAQ) recently announced a new “Purpose Initiative” — which is designed to support women and underrepresented minority communities with the resources needed to grow and sustain their businesses

Equinix (EQIX): Significant Partnership With VMware (VMW) Expanded

By Dan Anderson ● Sep 22, 2020

Global interconnection and data center company Equinix, Inc. (Nasdaq: EQIX) announced that it is expanding on a collaboration with VMware, Inc. (NYSE: VMW).

Why Ericsson Is Buying Cradlepoint For $1.1 Billion

By Annie Baker ● Sep 22, 2020

Ericsson (NASDAQ: ERIC) recently announced it agreed to buy Cradlepoint, which is the US-based market leader in Wireless Edge WAN 4G and 5G Enterprise solutions. These are the details.

Silicon Labs (SLAB) And Amazon (AMZN) Partnering On Shared Network For IoT Devices

By Noah Long ● Sep 22, 2020

Silicon and software solutions company Silicon Labs (NASDAQ: SLAB) announced it is partnering with Amazon.com, Inc. (NASDAQ: AMZN) to support Amazon Sidewalk.

IBM To Bring Risk Analytics To Security Decision Making

By Annie Baker ● Sep 22, 2020

IBM (NYSE: IBM) Security announced a new risk-based service designed to help organizations apply the same analytics used for traditional business decisions to cybersecurity spending priorities.

GE Exiting The New Build Coal Power Market

By Amit Chowdhry ● Sep 22, 2020

GE (NYSE: GE) recently announced that it is intending to exit the new-build coal power market.

Why PagerDuty (PD) Is Buying Rundeck For $100 Million

By Amit Chowdhry ● Sep 22, 2020

PagerDuty, Inc. (NYSE:PD) announced this week that it has entered into a definitive agreement to buy Rundeck for about $100 million. These are the details.

Morgan Stanley (MS) Committing To Net-Zero Financed Emissions By 2050

By Amit Chowdhry ● Sep 22, 2020

Morgan Stanley (NYSE: MS) has announced a new commitment to reach net-zero financed emissions by 2050.

Tesla (TSLA) Close To Hitting Sales Record And Musk Says High Volume Battery Production To Start In 2022

By Amit Chowdhry ● Sep 21, 2020

Tesla is close to hitting a sales record according to an email sent out by CEO Elon Musk. Musk also issued a warning about battery production.

Illumina (ILMN) Buying Grail In A Deal Valued At $8 Billion

By Amit Chowdhry ● Sep 21, 2020

Illumina, Inc. (NASDAQ: ILMN), a company that provides sequencing and array-based solutions for genetic and genomic analysis, announced that it is buying Grail for $8 billion in cash and stock.

Beyond Meat (BYND) Announces Significant Plans To More Than Double Sausage Patty Retail Distribution

By Amit Chowdhry ● Sep 21, 2020

Beyond Meat is planning to more than double its Retail Distribution of Beyond Breakfast Sausage Patties.

Hair Regeneration Therapy Company Stemson Therapeutics Raises $7.5 Million

By Dan Anderson ● Sep 21, 2020

Stemson Therapeutics announced that it has raised a $7.5 million seed round of funding led by Allergan Aesthetics (an AbbVie Company) and impact investor Fortunis Capital to advance the development of Stemson’s therapeutic solution to cure hair loss.

Contactless Ordering And Payments Company GoTab Raises $6 Million

By Annie Baker ● Sep 21, 2020

Arlington, VA-based GoTab — a mobile POS and contactless ordering and payments platform company for hospitality — announced that it has raised $6 million.

Digital Quantum Computing Company Seeqc Raises $22.4 Million

By Dan Anderson ● Sep 21, 2020

Digital Quantum Computing company Seeqc announced it has raised a total of $22.4 million in its Series A fundraising led by the EQT Ventures fund to advance commercially viable application-specific quantum computing systems.

Contact Center AI Leader Observe.AI Raises $54 Million

By Annie Baker ● Sep 21, 2020

Contact Center AI leader Observe.AI recently announced a $54 million Series B financing led by Menlo Ventures with participation from Next47 Ventures and NGP Capital.

Microsoft (MSFT) Buying ZeniMax And Game Publisher Bethesda Softworks For $7.5 Billion In Cash

By Amit Chowdhry ● Sep 21, 2020

Microsoft (NASDAQ:MSFT) announced it is planning to buy ZeniMax Media, the parent company of Bethesda Softworks for $7.5 billion in cash.

Ford Motor Company Building A $700 Million Electric Truck Facility In Dearborn

By Amit Chowdhry ● Sep 21, 2020

Ford Motor Company (NYSE: F) announced recently that it is planning to create 300 jobs as it builds a $700 million electric truck plant at its Rouge complex in Dearborn, Michigan.

Amazon (AMZN) Investing In Battery Recycling Company Redwood Materials

By Dan Anderson ● Sep 21, 2020

Amazon.com, Inc. (NASDAQ: AMZN) is investing in a battery recycling startup called Redwood Materials - which is a company founded by former Tesla executive JB Straubel.

Microbiome Drug Development Company Finch Therapeutics Raises $90 Million

By Annie Baker ● Sep 21, 2020

Clinical-stage microbiome drug development company Finch Therapeutics announced that it has raised a $90 million Series D funding round.

Nikola (NKLA): Trevor Milton Resigning As Executive Chairman And From The Board

By Amit Chowdhry ● Sep 21, 2020

Nikola Corporation (NASDAQ: NKLA) founder Trevor Milton announced he is stepping down as executive chairman and board member of the company.

EVERFI Reveals $100 Million Commitment For Addressing Systemic Social Injustice With Free Digital Education For K-12 Schools

By Noah Long ● Sep 21, 2020

EVERFI, a leading social impact education innovator, announced a $100 million three-year commitment to build new and expand current courses that address topic areas that lead to systemic social injustice and economic disparities across the country.

Archives

Citigroup (C): Over $1 Billion In Strategic Initiatives To Close Racial Wealth Gaps

Tesla (TSLA) Battery Day And 2020 Annual Shareholder Meeting Announcements

Chinese Electric Vehicle Company WM Motor Raises About $1.5 Billion

Clinical-Stage Biotech Company Siolta Therapeutics Raises $30 Million

Comcast (CMCSA): Trian Fund Management Buys $870 Million Stake

Walmart (WMT) And Goldman Sachs (GS) Partner To Offer Capital To Marketplace Sellers

How Nasdaq (NDAQ) Plans To Advance Inclusive And Diversity Growth

Equinix (EQIX): Significant Partnership With VMware (VMW) Expanded

Why Ericsson Is Buying Cradlepoint For $1.1 Billion

Silicon Labs (SLAB) And Amazon (AMZN) Partnering On Shared Network For IoT Devices

IBM To Bring Risk Analytics To Security Decision Making

GE Exiting The New Build Coal Power Market

Why PagerDuty (PD) Is Buying Rundeck For $100 Million

Morgan Stanley (MS) Committing To Net-Zero Financed Emissions By 2050

Tesla (TSLA) Close To Hitting Sales Record And Musk Says High Volume Battery Production To Start In 2022

Illumina (ILMN) Buying Grail In A Deal Valued At $8 Billion

Beyond Meat (BYND) Announces Significant Plans To More Than Double Sausage Patty Retail Distribution

Hair Regeneration Therapy Company Stemson Therapeutics Raises $7.5 Million

Contactless Ordering And Payments Company GoTab Raises $6 Million

Digital Quantum Computing Company Seeqc Raises $22.4 Million

Contact Center AI Leader Observe.AI Raises $54 Million

Microsoft (MSFT) Buying ZeniMax And Game Publisher Bethesda Softworks For $7.5 Billion In Cash

Ford Motor Company Building A $700 Million Electric Truck Facility In Dearborn

Amazon (AMZN) Investing In Battery Recycling Company Redwood Materials

Microbiome Drug Development Company Finch Therapeutics Raises $90 Million

Nikola (NKLA): Trevor Milton Resigning As Executive Chairman And From The Board

EVERFI Reveals $100 Million Commitment For Addressing Systemic Social Injustice With Free Digital Education For K-12 Schools

Cloud-Native Data Analytics Company Devo Technology Raises $60 Million

Chime: Massive $485 Million Funding And $14.5 Billion Valuation

Boosted Commerce: $87 Million Funding And Acquisition Of Six Amazon Fulfillment Companies