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The once red-hot SPAC market is becoming a fertile ground for activist investors who push for changes at problematic companies and profit from them. A record number of companies went public over the past two years by merging with special …

ares of Dewa, the Dubai Water and Electricity Authority, surged more than 20% Tuesday as the giant utility company began trading on the public market, marking the first listing of its kind in the region. Shares were trading at 3.02 …

Chinese artificial intelligence start-up SenseTime Group postponed its $767 million Hong Kong initial public offering (IPO) on Monday after being placed on a U.S. investment blacklist. SenseTime said it remained committed to completing the offering and would publish a supplemental prospectus and an …

British fintech start-up Thought Machine has raised $200 million in a fresh round of funding that lifts its valuation above the coveted $1 billion mark. The cash injection was led by Nyca Partners, a U.S.-based venture capital firm that has …

Start-ups in the region are on track to haul in a record $121 billion in funding this year, according to a report from venture capital firm Atomico, roughly three times the $41 billion of capital raised in 2020. It’s the …

Ali Ghodsi, Databricks co-founder and CEO, joins ‘TechCheck’ to discuss the company’s venture fund, which will invest in startups and technologies across data and A.I. and alongside lead institutional venture capital firms. Ghodsi discusses the influx of investments in private …

Ridehailing leader Didi Global is planning to pull its New York-listed shares and go public in Hong Kong as competing US-China regulatory agendas leave Chinese companies with little room to maneuver. A recent surge in Chinese companies listing in the US came …

Nuclear fusion is the ephemeral holy grail of climate technology. It would provide nearly limitless amounts of clean energy without the byproduct of long-lasting radioactive waste to be managed. It’s also the biggest bet Silicon Valley luminary Sam Altman has …

Artificial intelligence pioneer Andrew Ng, the founder of the Google Brain research lab and the former chief scientist of Baidu, has raised $57 million from investors for his start-up, Landing AI, at an undisclosed valuation. Founded in Palo Alto in …

Clubhouse co-founder Paul Davison is a bundle of energy when he joins the Microsoft Teams call from his home in California. His high spirits contrast with the popularity of his audio-only chat app. Launched in March 2020, the app went semi-viral earlier …

Cryptocurrency exchange FTX says it has raised $420 million in a new round of funding, valuing the company at $25 billion. The Bahamas-based firm said Thursday it raised the fresh cash from a total of 69 investors including the Ontario Teachers’ Pension …

Ecosia, the search engine that uses its ad revenue to plant trees, has launched a 350 million euro ($405 million) venture capital fund focused on the climate crisis. The so-called World Fund will invest in the “next generation” of founders …