Apple is challenging a $1.95 billion fine imposed by the European Commission for thwarting fair competition from music-streaming rivals, including […]
Tag: Billion
Apple Says It Stopped $7 Billion in Fraudulent Transactions in Last 4 Years
Apple today shared its fourth annual fraud prevention analysis, providing insight into how the App Store‘s rules protect users from […]
India’s Oyo, once valued at $10 billion, seeks new funding at 70% discount
Oyo, the Indian budget-hotel chain startup, is negotiating with investors to raise a new round of funding that could cut […]
Cloud revenue accelerates 21% to $76 billion for the latest earnings cycle
Last year’s doldrums are in the rearview thanks to AI If you were concerned about slowing cloud infrastructure growth for […]
Hyundai is spending close to $1 billion to keep self-driving startup Motional alive
Hyundai has agreed to spend nearly $1 billion on Motional, an investment that will give the automaker a majority stake […]
Google Paid Apple $20 Billion in 2022 to Be Default Safari Search Engine
Google paid Apple $20 billion in 2022 to be the default search engine for Safari on iPhone, iPad, and Mac, […]
Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval
Swiggy plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, the Indian […]
ShareChat’s valuation drops below $2 billion in new funding
Social media startup ShareChat’s valuation has cratered below $2 billion from nearly $5 billion in a new funding round, a […]
Apple Chipmaker TSMC to Receive $6.6 Billion Grant to Step Up Production in the U.S.
The United States Commerce Department today announced a significant financial commitment to Apple chip supplier TSMC to make more chips […]
Lucid Motors raises another $1 billion from Saudi Arabia as it searches for luxury EV buyers
Lucid Motors is raising another $1 billion from its biggest financial backer, Saudi Arabia, as it looks to blunt the […]
