Tech company Amazon is in talks to become an anchor investor in the upcoming stock market flotation of British microchip designer Arm.
Search Results for: softbank
WeWork raises ‘substantial doubt’ over future
Shares in WeWork, the global office space-sharing company, have plunged after it raised “substantial doubt” about its future.
Revolut’s attempts to secure banking licence thrown into doubt by Bank of England
The fate of Revolut’s attempts to secure a long-awaited banking licence from City regulators was thrown into further doubt last night after it emerged that the Bank of England was minded to reject the company’s application.
WeWork’s offices are back in business
The number of people using WeWork’s offices is back to where it was before the pandemic, but the provider of shared offices remains heavily in the red.
Creating the First Pegasus, Candid Interview with Online Shop’s Terry McGinnis
If you’re dumbfounded by the word ‘Pegasus’ in the title, you are right to be confused.
Investors have a big appetite for Gousto
Gousto, a UK meal-kit box service, has raised a further $230 million a month after sealing its unicorn status with a $100 million placing.
PrimaryBid, champion of small investor, raises £190m
A fintech company that enables ordinary investors to access corporate fundraisings has raised $190 million in new funding.
Gousto delivers up £150M of new funding valuing meal delivery giant at $1.7BN
Gousto, the UK meal-box subscription service, has raised $100 million from SoftBank’s Vision Fund 2 and $50 million in new debt capital from HSBC and Barclays.
Ocado wins ruling over robot patents
An American federal agency has found that Ocado did not violate the patents of a Norwegian robot maker.
Edtech success set to extend far beyond Covid boom
Indian edtech unicorn Byju’s continues to ride the crest of a Covid-induced online education wave.
Loss-making Revolut worth more than Natwest at $33bn after fundraising
Revolut has hit a record-breaking valuation of $33 billion after an $800 million fundraising that put the digital lender’s worth at six times higher than last year.
Elon Musk set to launch into UK broadband market
Elon Musk is poised to compete with the government’s Oneweb satellite broadband service after his Starlink venture was cleared by the UK communications regulator.
Getting To Know You: Dr Sanjeev Kanoria, founder & Chairman, Advinia Health Care
Dr Sanjeev Kanoria, is the founder and Chairman of Advinia Health Care, one of the top 10 private care providers in the UK which is now valued at around £250m.
UK government under pressure to intervene in Arm sale to Nvidia
The government is under pressure to intervene in the $40bn (£31bn) takeover of the UK’s biggest tech company, Arm Holdings, after Labour, trade unions and the company’s co-founder voiced concerns about the deal.
Philip Hammond joins British bank OakNorth as adviser
The former chancellor Philip Hammond has taken his second job since quitting frontline politics last year, joining the British business bank OakNorth as an adviser.
