Browsing: billion
Toyota is adding $1.3 billion to its U.S. plant to produce three-series electric SUVs
Toyota will spend an additional $1.3 billion to prepare its Kentucky plant to produce a new three-row electric SUV designed for U.S. consumers, the company said…
Just two years ago, VC funding to cybersecurity startups caught fire. $23 billion flooded the industry, per Crunchbase. But in 2023, new cyber startups saw only…
apple revealed today that users earned more than $1 billion in daily cash from spending on Apple Card last year. The tech giant also announced that…
Shares in Paytm fell another 20% on Friday before hitting a lower circuit that temporarily halts trading as the Indian financial services firm reeled from a…
A Delaware judge ruled Tuesday that Elon Musk’s $56 billion pay package is unfair, voiding the largest compensation deal in corporate history. The ruling, handed down…
One year and A year and a half after announcing its intention to acquire iRobot, the Amazon deal is officially dead. All parties involved expected some…
BlackRock has once again cut the value of its stake in Byju’s, reducing the implied valuation of the Indian startup to around $1 billion from $22…
The app economy rebounded in 2023, with consumer spending at $171 billion, but downloads were flat
After the app economy slowed down for the first time in 2022, things picked up again in the past year. According to app intelligence provider data.ai’s…
Valkyrie co-founder expects $10 billion in inflows for spot bitcoin ETF by year’s end
The SEC can finally approved spot bitcoin ETFs on Wednesday after denying applications for more than a decade. Valkyrie Co-founder and CIO Steven McClurg expects $10…
VinFast, the Vietnamese electric vehicle maker, plans to invest an initial $500 million to set up an integrated facility in India and enter the world’s third-largest…