Twitter Chief Elon Musk has offered the virtual entertainment organization’s workers stock awards at a valuation of almost $20 billion, The price is half of what he paid to acquire Twitter. Musk paid $44 billion to acquire the microblogging site in October of last year. The report stated that it was an acknowledgement of how […]
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According to an official release, in order to expand its network of technology centers to India, UPS will invest between $15 to $20 million. The solutions that make UPS a world-class logistics provider with the best digital customer experience will be developed by UPS’s existing teams in the US and Europe. These centers will complement […]
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Foxconn Technology Group, a partner of Apple Inc., plans to invest $700 million in India’s new plant to improve local production. This demonstrates a hasty departure of Chinese manufacturing as tensions between Washington and Beijing rise. The Taiwanese company, which is best known for its flagship product, Hon Hai Precision Industry, intends to construct the […]
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According to CEO of the German software giant SAP SE Christian Klein, the company intends to double its investments in India over the next five years. SAP will foster start to finish center items in India and Klein said he anticipates that the nation should turn into a development center for SAP. He went on […]
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The Business Growth Fund (BGF) has disclosed that it invested 69 million pounds in early-stage technology companies in the UK and Ireland this past year. The majority of the fund’s investments were made in companies working in climate and sustainability, life sciences, and deep technology. Andy Gregory, CEO of BGF, said that, it is encouraging […]
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BK Modi Group intends to construct a mixed-use development in Rampur, Uttar Pradesh, based on the concept of a private smart city. For this project, the Group already owns a piece of land on which it will build housing, a mall, a hospital, and office space. According to Modi, this will be their primary objective, […]
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The largest commitment that Amazon has made to cinemas is a plan to invest more than one billion dollars annually in the production of movies that will be distributed by Amazon. Amazon, one of the biggest online retailers, wants to make 12 to 15 movies a year that will be shown in theaters. In 2023, […]
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BankiFi, a provider of embedded banking solutions for small and medium-scale businesses, has secured 4.8 million-dollars investment for global expansion into North America. The investment gives BankiFi the capital to provide its embedded banking platform to over two million small and medium-scale businesses across four continents by 2024. Keith Riddle, chief executive officer of BankiFi […]
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The United Arab Emirates (UAE) will invest 2 billion dollars in India to develop a series of integrated food parks, and the United States of America will set up a hybrid renewable energy project in the region of Dwarka, Gujarat, India, with an investment of 330 million dollars under the I2U2 framework. This news was […]
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Rhino Health USA announced that Honeywell has finalized the terms to invest in and take an ownership interest in Rhino Health USA to provide support for its US operations for nitrile gloves, which serve industrial, healthcare, and government customers. Honeywell is also bringing its manufacturing, personal protective equipment (PPE), and supply chain technical knowledge to […]
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