By Paul Sandle and John McCrank LONDON/NEW YORK (Reuters) -SoftBank's decision to list British chip designer Arm is good news for New York, bad news for London and the best option left for the Japanese group after the collapse of its blockbuster sale to Nvidia. Arm, whose technology underpins the global smartphone industry, is most likely to float on the Nasdaq, SoftBank's CEO … [Read more...] about SoftBank’s choice of New York for Arm listing deals a blow to London
Warburg Pincus takes stake in Swiss tech firm Scandit in unicorn hunt
By Pamela Barbaglia LONDON (Reuters) - Warburg Pincus has taken a stake in Swiss barcode scanning firm Scandit as part of a $150 million capital raise in which the U.S. buyout fund will invest in a European tech unicorn amid bumper growth in the region's herd of billion-dollar tech start-ups. Warburg Pincus has led a late-stage funding round that values Zurich-based … [Read more...] about Warburg Pincus takes stake in Swiss tech firm Scandit in unicorn hunt
Tesla says California plans to sue over alleged discrimination, harassment
(Reuters) -Tesla Inc said on Wednesday the California Department of Fair Employment and Housing (DFEH) intends to file a lawsuit against the company alleging systematic racial discrimination and harassment. The lawsuit appears to be focused on alleged misconduct at its factory in Fremont, California, between 2015 and 2019, Tesla said https://bit.ly/3ozSmPb in a statement. The … [Read more...] about Tesla says California plans to sue over alleged discrimination, harassment
Canada’s TMX Group plans cryptocurrency futures product for institutional investors
By Nichola Saminather TORONTO (Reuters) - Canada's largest stock market operator, TMX Group, plans to launch its first cryptocurrency futures product in response to institutional investors' desire to offset the risks of trading in the relatively new asset class, the company's chief executive told Reuters on Tuesday. The group, which had 17 cryptocurrency exchange-traded … [Read more...] about Canada’s TMX Group plans cryptocurrency futures product for institutional investors
Big European nations likely to gain the most from EU chip push
By Supantha Mukherjee and Foo Yun Chee STOCKHOLM/BRUSSELS (Reuters) - The European Commission's plan to make the continent more lucrative for investing in semiconductor factories will likely skew the benefits towards larger countries such as Germany, France and Italy, analysts say. With billions of euros of public and private investment, along with covering up to 100% of … [Read more...] about Big European nations likely to gain the most from EU chip push
