Stephen Nellis
Stories by Stephen Nellis
Amazon, GM in talks to invest in electric vehicle maker Rivian
It would be a major boost for the Plymouth, Michigan-based startup, which aspires to be the first carmaker to the U.S. consumer market with an electri
SoftBank ‘anxiously’ looking at developments in Saudi Arabia, says COO
Unease over SoftBank's ties to Saudi Arabia, which provided $45 billion for the former's Vision Fund, dragged down its shares earlier this week.
Cloud tech firm Twilio to buy email tech firm SendGrid in $2b deal
The deal combines two firms that handle communications between apps and their users.
Qualcomm ends $44b NXP bid after failing to win China approval
The collapse of the deal is likely to aggravate tensions between Washington and Beijing, damage China's image as an antitrust regulator
Chipmaker Broadcom inks $19b deal to buy software firm CA
The CA deal comes just months after U.S. President Donald Trump blocked Broadcom's $117 billion hostile bid for Qualcomm Inc.
Spotify CEO eligible to sell up to $2b stake in direct listing
Instead of a traditional IPO, Spotify plans a direct listing, which will let investors and employees sell shares without the company raising new capit
SoftBank, Sequoia back former Baidu exec Andrew Ng’s $175m AI fund
Ng has formerly led artificial intelligence projects at Alphabet Inc's Google and Chinese firm Baidu Inc.
China regulators start antitrust review of Toshiba’s $18b chip unit sale: Report
The embattled Japanese conglomerate has said it would like to see the deal close before the end of March. China's anti-trust watchdogs have become inc
Google Brain co-founder Andrew Ng partners Foxconn to bring AI to factories
Ng said that while typical computer vision systems might require thousands of sample images to become “trained,” Landing.ai’s system would take
Apple in talks to acquire music identification app Shazam
Apple could pay about $400 million for Shazam and a deal could be signed as early as next week.