updated - October 29, 2020 Thursday EDT
Faraday Future, a new electric vehicle and future mobility startup company, has said in a letter published in the company’s website that they have selected North Las Vegas, Nevada for its $1 billion facility.
Steve Ballmer, the owner of the Los Angeles Clippers basketball team and the former CEO of Microsoft, revealed in a tweet that he has a four percent stake at Twitter, Inc. Forbes adds that the revelation of Ballmer has boosted Twitter’s stock by nearly five percent on Friday, October 16, 2015.
People familiar with the matter told Reuters that PepsiCo Inc. and the Coca-Cola Company are both in talks with Chobani LLC for a possible investment deal that will provide the Greek yogurt maker as much as $3 billion, including debt. The negotiations of both Pepsi and Coca-Cola show that beverage companies are trying to diversify beyond the carbonated beverage sector.
Dell, Inc. will be investing $125 billion in China over the next five years, as the company continues to expand its business in the second largest economy in the world, according to a report from Bloomberg.
DENSO Corporation, a global auto supplier, will be investing $400 million and hiring 500 people, as it expands its manufacturing capabilities, according to DENSO’s press release published in Virtual Press Office.
LG Display Co., Ltd. has announced that they will be focusing their investment on organic light-emitting diode (OLED) displays to develop its next-generation screens, as the company looks to have an edge over its competitors, according to a report from Bloomberg.
Comcast Corporation’s NBCUniversal, one of the world’s leading media and entertainment companies, has just announced a $200 million equity investment in Vox Media, according to a press release issued by NBCUniversal.
Motorola Solutions, the leading global provider of innovative mission-critical communications solutions for public safety and commercial customers, has announced that Silver Lake will make a $1 billion investment to the company, according to a press release issued by Motorola Solutions.