Tag: investment

News and Press

Apple commits $10 million to help boost COVID-19 testing

May 7, 2020

Via: ComputerWorld

Apple continues to look for ways in which it can use its platforms and power to help in the struggle against COVID-19, now it has poured $10 million from its Advanced Manufacturing Fund into sample collection kit manufacturer, COPAN Diagnostics. […]

News and Press

Facebook invests $100M in journalism as COVID-19 makes it more vital than ever

March 30, 2020

Via: The Verge

Facebook has pledged to invest $100 million in the news industry at a time when the ongoing coronavirus pandemic means that accurate reporting is more important than ever. $25 million will be provided in grant funding for local news through […]

News and Press

Unicorns Stir Into October’s End

November 3, 2016


In the latest acquisition in the business travel space, Deem, based in California, has said it will buy Olset for the latter’s focus on hotel reservation bookings. Olset uses technology to track and then recommend hotels based on travelers’ preferences. Nutanix, among the biggest tech unicorns to […]


Foxconn replaces 60,000 factory workers with robots

May 27, 2016

Via: NextBigFuture

One factory has “reduced employee strength from 110,000 to 50,000 thanks to the introduction of robots”, a government official told the South China Morning Post.  Xu Yulian, head of publicity for the Kunshan region, added: “More companies are likely to […]