Latest in Joint Ventures
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Volkswagen and Rivian Form Joint Venture, Deepening Alliance
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.Business - The New York Times - November 12 -
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.Business - MarketWatch - November 13 -
TotalEnergies suspends fresh investment in Adani joint ventures
Indian conglomerate releases report on operations after US indictment of founder Gautam Adani for alleged briberyWorld - Financial Times - 2 days ago -
Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW cars expected as early as 2027
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical architecture arriving as early as 2027.Business - CNBC - November 12 -
Inside the Collapse of Venture for America
The nonprofit promised 100,000 jobs by 2025. But it shut down with only a few thousand jobs created, and its final group of fellows are still owed money.Business - Inc. - November 4 -
Indonesia and Russia launch first joint naval drills
President Prabowo Subianto seeks more influential role while maintaining long-standing neutralityWorld - Financial Times - November 4 -
Trump should keep Gen. CQ Brown as chairman of the Joint Chiefs
Brown is, according to some, supposedly too “woke” for the job, purportedly favoring diversity over excellence in the American military. I think these kinds of allegations against Brown are bunk.Politics - The Hill - 2 days ago -
How Venture Capital Helped This Founder Secure a ‘Life-Changing Exit’
Moonshots Capital portfolio company eTailPet scaled up and attracted a buyer in just three years.Business - Inc. - October 28 -
Colorado gray wolves venture to southernmost point since their reintroduction
Colorado gray wolves have ventured the farthest south yet since their reintroduction to the Centennial state almost a year ago, parks officials announced this weekend. GPS signals from a collared ...Politics - The Hill - November 4 -
AI Investments Are Booming, but Venture-Firm Profits Are at a Historic Low
Investors hope the Trump administration will make tech acquisition deals easier.Tech - The Wall Street Journal - November 18 -
Play Ventures raises $140M second fund to invest in games and consumer startups
Play Ventures, a global venture capital firm specializing in early-stage gaming, has raised $140 million for its third gaming fund.Tech - VentureBeat - November 18 -
Thrive Capital: the venture firm staking billions on a few big bets
The ‘all in or all out’ approach of Josh Kushner’s VC business inverts the traditional venture model. Will it pay off?Business - Financial Times - 6 days ago -
Giannis Antetokounmpo launches venture capital fund for investments in sports and entertainment
Giannis Antetokounmpo is looking for some assists off the court, aiding with investments in early stage startup companiesSports - ABC News - 6 days ago -
Tax rises drive surge in venture capital trust investment
Savers have put £250mn in VCTs since April, up 27% in a yearWorld - Financial Times - 5 days ago -
Rapper Wiz Khalifa, indicted by Romanians for smoking a joint, lists Pittsburgh house for $1.3 million
Legal woes don’t seem to have stopped the rapper from making some serious moves in the real estate market.Business - MarketWatch - October 30 -
Middle East crisis live: Netanyahu attacked by Israeli opposition for sacking Gallant
Opponents say decision was to protect ultra-Orthodox from conscription and ‘will damage security’. Lebanon’s army has issued a warning to residents in the Ghobeiry area of the southern suburbs of ...World - The Guardian - November 6 -
Indonesia and Australia hold joint military drills after signing a new defense agreement
The Indonesian and Australian militaries are holding joint combat drills off Indonesia’s main island of Java with about 2,000 troops training in air, maritime, amphibious and land operationsWorld - ABC News - November 13 -
Ukraine war briefing: EU cements first ever joint arms purchases in boost for Ukraine
€300m fund will help member countries buy defence equipment and increase support to Ukraine; Odesa strike knocks out heating. What we know on day 996 Continue reading...World - The Guardian - November 15 -
Bottom Line: Boeing, Lockheed Martin space venture lobbies up for NASA, FAA funding
Aerospace The United Launch Alliance, Boeing and Lockheed Martin's joint space venture, hired IBEX2 Solutions to lobby on civilian and commercial space issues related to policy and funding from ...Politics - The Hill - October 30 -
Comcast Eyes New Venture to House MSNBC, USA and Other U.S. Cable Channels
The cable and entertainment company said it would consider partnerships in streaming as it posted a jump in quarterly revenue.Business - The Wall Street Journal - October 31 -
Donald Trump Jr to join venture capital firm rather than father’s administration
President-elect’s eldest son says he will join ‘anti-ESG’ firm 1789 Capital, which focuses on conservative investments. US politics – live updates Donald Trump Jr, the eldest son of ...World - The Guardian - November 12 -
Inside Goldman Sachs’ years-long power struggle over its China venture
A deal with a prominent Chinese banker gave the US group market access, but securing full control cost a lot more than it expectedBusiness - Financial Times - November 14 -
Latvia charges 2 Lithuanians for counterfeiting Ariel laundry products in organized criminal venture
Latvian police say that criminal proceedings have been initiated against two Lithuanian citizens suspected of counterfeiting Ariel laundry detergent products and distributing them in significant ...World - ABC News - November 14 -
Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures
Enterprise spending on generative AI surged 500% this year, hitting $13.8 billion — up from just $2.3 billion in 2023, according to a new Menlo Ventures report.Business - CNBC - 6 days ago -
‘I have little faith in the world right now’: My husband died after a long illness and our joint bank account was frozen. How could this happen?
“Am I still the joint owner of this account?”Business - MarketWatch - October 31