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Seattle startup Cyrus inks protein-design deal with immune biotech Selecta worth up to $1.5 billion

September 9, 2021 by admin
Cyrus Bench on laptop

Cyrus Biotechnology has several drug discovery and development partnerships and also markets Cyrus Bench, a software platform for protein engineering. (Cyrus photo) Seattle-based Cyrus Biotechnology is entering into a protein …

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Categories Tech Tags billion, Biotech, Cyrus, deal, immune, inks, proteindesign, Seattle, Selecta, startup, Worth Leave a comment

Sony closes $1.175 billion deal to buy Crunchyroll from AT&T

August 10, 2021 by admin
Igor Bonifacic

It is official. Sony now owns both Crunchyroll and Funimation. The company’s Sony Pictures division closed on Monday the acquisition, valued at $ 1.175 billion. And with the deal now …

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Categories Tech Tags ATT, billion, Buy, closes, Crunchyroll, deal, Sony Leave a comment

Indian edtech Unacademy valued at $3.44 billion in $440 million fundraise – TechCrunch

August 2, 2021 by admin
Indian edtech Unacademy valued at $3.44 billion in $440 million fundraise – TechCrunch

Unacademy has raised $ 440 million in a new round of funding as the Indian online learning startup seeks to expand into several additional categories. Temasek led the new funding …

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Categories Tech Tags billion, edtech, fundraise, Indian, million, TechCrunch, Unacademy, valued Leave a comment

Rivian reportedly plans to invest $5 billion in its second US assembly plant

July 28, 2021 by admin
Steve Dent

It was revealed last week that Rivian plans to build a second U.S. manufacturing facility for its electric vehicles and batteries, and more details have now been leaked. The company …

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Categories Tech Tags Assembly, billion, invest, plans, plant, reportedly, Rivian Leave a comment

DOD cancels $10 billion JEDI contract at center of Microsoft and Amazon feud

July 6, 2021 by admin
Igor Bonifacic

The Department of Defense is terminating its $ 10 billion cloud contract for the Joint Enterprise Defense Infrastructure (JEDI). The Pentagon said it had “initiated contract termination procedures” in a …

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Categories Tech Tags Amazon, billion, cancels, center, contract, DOD, feud, JEDI, Microsoft Leave a comment

GM increases its self-driving and EV investment to $35 billion

June 17, 2021 by admin
Mariella Moon

GM has increased the money it allocates for its combined EV and autonomous driving investments from 2020 to 2025 to $ 35 billion. The largest automaker in the United States …

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Categories Tech Tags billion, increases, investment, selfdriving Leave a comment

Home services platform Urban Company raises $255 million at $2.1 billion valuation – TechCrunch

June 2, 2021 by admin
Home services platform Urban Company raises $255 million at $2.1 billion valuation – TechCrunch

Home Services Market Urban Company announced Wednesday that it has raised $ 255 million in a new round of funding and confirmed a valuation of $ 2.1 billion. The new …

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Categories Tech Tags billion, company, Home, million, platform, raises, Services, TechCrunch, Urban, valuation Leave a comment

With $8.45 billion MGM deal, Amazon scripts its own Hollywood plot twist

May 29, 2021 by admin
With $8.45 billion MGM deal, Amazon scripts its own Hollywood plot twist

The purchase of MGM marks Amazon’s biggest move in Hollywood to date as Jeff Bezos prepares to step down as CEO of Amazon. (GeekWire Photo Illustration.) Amazon Agreement to acquire …

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Categories Tech Tags Amazon, billion, deal, Hollywood, MGM, plot, scripts, twist Leave a comment

Alibaba hit with $2.8 billion fine in China antitrust case

April 10, 2021 by admin
Mariella Moon

Chinese authorities fined Alibaba $ 2.8 billion after closing an antitrust investigation into alleged monopoly practices. The state market regulator launched an investigation in December into the e-commerce giant’s “suspected …

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Categories Tech Tags Alibaba, antitrust, billion, case, China, fine, hit Leave a comment

Byju’s acquires Indian tutor Aakash for nearly $1 billion – TechCrunch

April 5, 2021 by admin
Byju’s acquires Indian tutor Aakash for nearly $1 billion – TechCrunch

Why has Byju raised over $ 1 billion in the last year and is already nearing another half a billion dollars in hedge? We’re getting some answers today. Byju’s announced …

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Categories Tech Tags Aakash, acquires, billion, Byjus, Indian, TechCrunch, tutor Leave a comment
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