Edition:
India

Jane Lanhee Lee

Exclusive: Amazon plans at least $100 million to keep Zoox talent after $1.3 billion deal

10 Jul 2020

Amazon.com Inc plans to create at least $100 million in stock awards to retain the 900-plus employees of Zoox, the self-driving car startup it offered to buy last month, and can walk away from the deal if large numbers of them turn down job offers from the technology giant.

Data shows companies that raised funds in 2020 also approved for U.S. PPP loans

08 Jul 2020

Several Silicon Valley firms backed by venture capitalists were unsure over whether to apply for a U.S. pandemic aid program, but data analyzed by CB Insights shows a big chunk of companies that raised funds this year also applied for the aid.

SoftBank-backed startups among those approved for U.S. paycheck loan program

07 Jul 2020

OAKLAND, Calif. Four technology startups backed by SoftBank Group Corp's $100 billion Vision Fund were among the small companies approved for a U.S. pandemic aid program, according to data released by the Treasury Department on Monday.

SoftBank-backed startups among those approved for US paycheck loan program

07 Jul 2020

OAKLAND, Calif. Four technology startups backed by SoftBank Group Corp's $100 billion (£80 billion) Vision Fund were among the small companies approved for a U.S. pandemic aid program, according to data released by the Treasury Department on Monday.

SoftBank-backed startups among those approved for US paycheck loan program

07 Jul 2020

OAKLAND, Calif., July 6 Four technology startups backed by SoftBank Group Corp's $100 billion Vision Fund were among the small companies approved for a U.S. pandemic aid program, according to data released by the Treasury Department on Monday.

Mercedes-Benz, Nvidia deepen autonomous driving alliance

24 Jun 2020

Semiconductor maker Nvidia Corp has struck a deal with Germany's Daimler to develop and equip Mercedes-Benz cars with a next generation chip and software platform that could eventually be used for autonomous driving functions.

UPDATE 1-Mercedes-Benz, Nvidia deepen autonomous driving alliance

24 Jun 2020

June 23 Semiconductor maker Nvidia Corp has struck a deal with Germany's Daimler to develop and equip Mercedes-Benz cars with a next generation chip and software platform that could eventually be used for autonomous driving functions.

Mercedes-Benz cars to be built on Nvidia autonomous driving platform from 2024

23 Jun 2020

Semiconductor maker Nvidia Corp said on Tuesday it struck a deal with Germany's Daimler Mercedes-Benz to provide cars produced from 2024 with a chip and software platform that can eventually be used for autonomous driving functions.

Japanese insurer Sompo investing $500 mln in data analytics firm Palantir

19 Jun 2020

Palantir Technologies Inc on Thursday said that Japanese insurance holding company Sompo Holdings Inc  is investing $500 million in the Silicon Valley data analytics company, whose clients range from global banks to the U.S. government and the Central Intelligence Agency.

Honeywell launches new business unit to capture drone market

15 Jun 2020

Honeywell International Inc, a major supplier of aerospace products, said Monday it launched an unmanned aerial systems business to bet on the autonomous aviation space – drones, air taxis, and unmanned cargo delivery vehicles.

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