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Latest in Invest 2.5 Billion

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326 items

  • AstraZeneca to invest $2.5 billion in Beijing hub as it looks beyond Chinese tax probe

    British pharmaceutical giant AstraZeneca announced on Friday that it will invest $2.5 billion in a research and development center in the Chinese capital.
    CNBC - 20h

  • Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion

    Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's first institutional investment.
    CNBC - Mar. 13

  • Salesforce pledges to invest $1 billion in Singapore over five years in AI push

    Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years.
    CNBC - Mar. 12

  • Americans lost $5.7 billion to investment scams in 2024, FTC says. Here's how to protect yourself

    Americans lost $5.7 billion to investment fraud in 2024, up 24% from 2023, according to the Federal Trade Commission.
    CNBC - 6d

  • How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions

    The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.
    CNBC - Mar. 11

  • SoftBank expands its AI footprint with $6.5 billion purchase of Ampere Computing

    SoftBank Group Corp. announced late Wednesday it is acquiring semiconductor designer Ampere Computing in a $6.5 billion deal that will expand its investments in AI infrastructure.
    MarketWatch - 2d
  • $100 billion Arizona chips project will break dependence on China, Taiwan's president says

    $100 billion Arizona chips project will break dependence on China, Taiwan's president says

    Taiwan’s President hailed TSMC's massive investment in Arizona as the “best model” for efforts to build supply lines for chips that don’t rely on China.
    NBC News - 1d
  • E.U. Hatches a Plan to Lure Investors Back to Europe

    E.U. Hatches a Plan to Lure Investors Back to Europe

    Each year, Europeans invest roughly $325 billion in companies and financial assets outside the region. Officials in Brussels say they have a plan to end that “capital flight.”
    The New York Times - 3d

  • Why startups and tech giants are racing to build a practical quantum computer

    Amazon, IBM, Google, Intel and Microsoft are all working on quantum technology. Governments around the world have also invested over $55 billion in the tech.
    CNBC - 16h
  • DNC invests in Florida special elections

    DNC invests in Florida special elections

    The Democratic National Committee announced an investment in two April special House races in Florida on Thursday. The Hill was the first outlet to learn of the investment, which according to the ...
    The Hill - 1d

  • Boston Celtics sold for $6.1 billion

    The Boston Celtics are being sold​ to Bill Chisholm for $6.1 billion.
    CBS News - 23h
  • AstraZeneca to invest $2.5bn in drugs research and manfacturing in Beijing

    AstraZeneca to invest $2.5bn in drugs research and manfacturing in Beijing

    Pharma company will invest money over five years in ‘strategic partnership’ after ditching UK expansion. Business live – latest updates AstraZeneca will invest $2.5bn (£1.9bn) in research and ...
    The Guardian - 17h

  • Gold investing pros and cons to know as the price rises

    Gold's price is on the rise. Is it still worth it to invest in the precious metal? Here are the pros and cons.
    CBS News - Mar. 10

  • UK minister in ‘active discussions’ with pension funds to invest more in private markets

    Torsten Bell says government is ‘encouraging, not instigating’ investment in wider range of assets
    Financial Times - Mar. 11

  • Perplexity AI in talks to double valuation to $18 billion, raise up to $1 billion in new funding

    Perplexity AI is in early talks to raise between $500 million and $1 billion in funding at an $18 billion post-money valuation, a source told CNBC.
    CNBC - 1d

  • Why a gold investment makes sense (even with inflation dropping)

    Inflation dropped in February, according to a new report. Here's why a gold investment could be worth it anyway.
    CBS News - Mar. 12
  • Alphabet to buy cybersecurity startup Wiz for $32 billion

    Alphabet to buy cybersecurity startup Wiz for $32 billion

    Google owner Alphabet has agreed to buy cybersecurity startup Wiz for $32 billion
    ABC News - 3d
  • Alphabet to buy cybersecurity startup Wiz for $32 billion

    Alphabet to buy cybersecurity startup Wiz for $32 billion

    Google owner Alphabet has agreed to buy cybersecurity startup Wiz for $32 billion
    ABC News - 3d
  • Alphabet to buy cybersecurity startup Wiz for $32 billion

    Alphabet to buy cybersecurity startup Wiz for $32 billion

    Google owner Alphabet has agreed to buy cybersecurity startup Wiz for $32 billion
    ABC News - 3d

  • Celtics sold for record $6.1 billion, sources say

    Bill Chisholm has agreed to purchase the Boston Celtics from the Grousbeck family for a valuation for $6.1 billion, sources told ESPN.
    ESPN - 1d
  • Disney Teases Theme Park Integration With Disney X Fortnite Project

    Disney Teases Theme Park Integration With Disney X Fortnite Project

    One year ago, Disney invested $1.5 billion into Epic Games to create a massive Disney x Fortnite experience that has yet to come to fruition. But at South by Southwest, one of Disney's Imagineers ...
    GameSpot - Mar. 10
  • Inside Google’s Investment in Anthropic

    Inside Google’s Investment in Anthropic

    The internet giant owns 14% of the high-profile artificial intelligence company, according to legal filings obtained by The New York Times.
    The New York Times - Mar. 11

  • Passive investing wins again

    Evidence in favour of index funds grows more compelling despite concerns over AI stock boom
    Financial Times - 4h
  • EPA Cancels $20 Billion in Climate Grants

    EPA Cancels $20 Billion in Climate Grants

    Here is what we know about the billions in funds that have led to federal investigations, lawsuits and frozen bank accounts for climate nonprofit groups.
    The New York Times - Mar. 12

  • CoreWeave aims to raise up to $2.7 billion in IPO

    In its updated IPO prospectus on Thursday, CoreWeave said it plans to sell shares at $47 to $55 each, raising a total of up to $2.7 billion.
    CNBC - 1d
  • UAE commits to $1.4 trillion 'investment framework' in US: White House

    UAE commits to $1.4 trillion 'investment framework' in US: White House

    The United Arab Emirates (UAE) has committed to a 10-year, $1.4 trillion “investment framework” in the U.S., the White House announced Friday.  The new framework “will substantially increase the ...
    The Hill - 17h
  • PepsiCo buys prebiotic soda brand Poppi for nearly $2 billion

    PepsiCo buys prebiotic soda brand Poppi for nearly $2 billion

    PepsiCo said Monday that it is buying prebiotic soda brand Poppi for nearly $2 billion.
    NBC News - 4d

  • Oakland A’s being valued at $2 billion in sale of new shares of team

    John Fisher, managing partner of the Oakland A's, is offering new shares in his MLB team at a $2 billion valuation, according to sources.
    CNBC - 4d

  • Google parent Alphabet to buy Wiz cybersecurity firm for $32 billion

    The agreement comes after the cybersecurity startup rejected Google owner's original $23 billion proposal last July.
    CBS News - 3d

  • SoftBank to acquire chip designer Ampere in $6.5 billion deal

    SoftBank Group said Wednesday that it will acquire Ampere Computing, a startup that designed an Arm-based server chip, for $6.5 billion.
    CNBC - 1d

  • Want to boost UK’s investment culture? Exempt stocks-and-shares Isas from IHT

    I doubt the government will go for my idea, but it could increase investment in UK plc — and make people richer
    Financial Times - Mar. 8
  • DNC to make first major post-election investment into Wisconsin Supreme Court race

    DNC to make first major post-election investment into Wisconsin Supreme Court race

    The Democratic National Committee is set to announce its earliest-ever new election cycle investment in the Wisconsin Supreme Court race.
    ABC News - 3d

  • House GOP budget plan would cut domestic spending by $13 billion

    House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...
    CBS News - Mar. 10

  • Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods

    Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.
    CNBC - Mar. 12

  • 'Pokémon Go' sells to Saudi-backed Scopely in $3.5-billion deal

    Scopely, a mobile game company, will purchase 'Pokémon Go' and other games from developer Niantic in a deal worth $3.5 billion, the companies announced Wednesday.
    Los Angeles Times - Mar. 12

  • Bill Chisholm agrees to buy Boston Celtics for record $6.1 billion

    Symphony Technology Group managing partner Bill Chisholm agreed to buy the NBA's Boston Celtics at a $6.1 billion valuation, he announced Thursday.
    Yahoo Sports - 1d

  • Golf legend invests in Orlando app

    Norman becomes brand ambassador for Caddy Time, citing passion for golf
    Yahoo Sports - 5d
  • Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion

    Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion

    Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.
    The New York Times - Mar. 13
  • Spending Bill Omits Billions for Local Projects as Congress Cedes Power to Trump

    Spending Bill Omits Billions for Local Projects as Congress Cedes Power to Trump

    The stopgap measure the G.O.P. is pushing to avert a government shutdown omits billions of dollars in member-requested projects, another way in which Congress has ceded its power on federal spending.
    The New York Times - Mar. 14

  • Tech megacaps lose over $750 billion in market cap in worst day for Nasdaq since 2022

    The seven most valuable tech companies lost more than $750 billion in market value on Monday
    CNBC - Mar. 10
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