Uber’s self-driving vehicle sector secures a $1 billion investment before IPO

Image -From left to right, Hiroyuki Wakabayashi (Denso), Eric Meyhofer (Uber ATG leader), Dara Khosrowshahi (Uber CEO), Shigeki Tomoyama (Toyota), and Ervin Tu (SoftBank Vision Fund) – courtesy: Uber Uber Technologies Inc has secured a $1 billion investment from three Japanese companies and with their IPO scheduled for next month this could be a great… Read More Uber’s self-driving vehicle sector secures a $1 billion investment before IPO

Canopy Growth to buy Acreage in $3.4 billion cannabis deal

Canopy Growth Corp announced on Thursday that they’ve secured the right to buy Acreage Holdings Inc in a deal worth $3.4 billion once the United States legalises the production a sale of cannabis throughout the country. As it stands the recreational use of cannabis is legal in 10 states and the District of Columbia as… Read More Canopy Growth to buy Acreage in $3.4 billion cannabis deal

Fiat Chrysler makes a deal with Tesla to escape EU emission fines

Fiat Chrysler Automobiles have agreed upon a multi million euro deal with Tesla so that the electric vehicles Tesla manufactures can be apart of the Fiat Chrysler fleet of cars the Financial Times reports. New EU emission rules dictate that the average CO2 emissions level from cars must be at a maximum of 95g per… Read More Fiat Chrysler makes a deal with Tesla to escape EU emission fines

T-Mobile-Sprint merger deal in danger of Lawsuit from State attorneys

About a year ago T-Mobile announced the planned $26.5 billion acquisition of Sprint Corporation. Now States are considering a lawsuit to block the deal on antitrust grounds and will follow through with it whether the Justice Department approves it or not according to Bloomberg. People familiar with the matter, who wish to remain anonymous, claim… Read More T-Mobile-Sprint merger deal in danger of Lawsuit from State attorneys

McDonald’s is going forward with the $300 million acquisition of a tech company

McDonald’s hasn’t made an investment of this scale in 20 years. They’re looking to become the sole owners of the decision-logic technology company Dynamic Yield Ltd, as reported by the Financial Times, in a bid to better personalise the customer experience. The announcement did not include the price but a source with knowledge of the… Read More McDonald’s is going forward with the $300 million acquisition of a tech company