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Tag: billion

Canada to put up C$30 billion for long-awaited national childcare program

FILE PHOTO: Canada’s Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks to news media before unveiling her first fiscal update, the Fall Economic Statement 2020, in Ottawa, Ontario, Canada November 30, 2020. REUTERS/Blair Gable/File Photo April 19, 2021 By David Ljunggren OTTAWA (Reuters) – Canada will invest up to C$30 billion ($23.9 billion) […]

NASA says SpaceX wins $2.9 billion contract for moon lander, with 2024 goal

FILE PHOTO: Tourists take pictures of a NASA sign at the Kennedy Space Center visitors complex in Cape Canaveral, Florida April 14, 2010. REUTERS/Carlos Barria/File Photo April 16, 2021 WASHINGTON (Reuters) -NASA said on Friday it has awarded billionaire entrepreneur Elon Musk’s private space company SpaceX a $2.9 billion contract to build a spacecraft to […]

Biden Administration to Give States $1.7 Billion to Track CCP Virus Mutations

The Biden administration announced Friday that it is giving states $1.7 billion to track variants of the CCP (Chinese Communist Party) virus, the pathogen that causes COVID-19. A White House said in a statement that the money will come from funds allocated under the American Rescue Plan, with the aim of helping the Centers for Disease Control […]

Biden Admin Releases $39 Billion From Stimulus Package to Address ‘Child Care Crisis’

The White House on Thursday announced that it is releasing $39 billion in funding for states to address the “child care crisis” with the money to come from the $1.9 trillion COVID-19 stimulus bill President Joe Biden signed into law last month. The Biden administration said the $39 billion is aimed at addressing the “acute, […]

EU antitrust regulators to decide on $9 billion SK Hynix, Intel deal by May 20

FILE PHOTO: The logo of SK Hynix is seen at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji/File Photo April 15, 2021 BRUSSELS (Reuters) – EU antitrust enforcers will decide by May 20 whether to clear South Korean chipmaker SK Hynix Inc’s $9 billion buy of Intel Corp’s NAND memory chip business, […]

Dell spins off VMware stake, generating up to $9.7 billion to pay down debt

FILE PHOTO: The logo for Dell Technologies Inc. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2019. REUTERS/Brendan McDermid April 15, 2021 (Reuters) -Dell Technologies Inc said on Wednesday it would spin off its 81% stake in cloud computing software maker VMware, […]

Coinbase valued at $86 billion in choppy Nasdaq debut

Employees of Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, watch as their listing is displayed on the Nasdaq MarketSite jumbotron at Times Square in New York, U.S., April 14, 2021. REUTERS/Shannon Stapleton April 15, 2021 By Echo Wang (Reuters) -Coinbase Global Inc was valued at $86 billion at the end of its Nasdaq debut […]

Republicans Crafting Narrow Infrastructure Proposal to Counter Biden’s $2.3 Billion Plan

Republicans plan to unveil an infrastructure package that excludes items like funding for elder care to counter President Joe Biden’s $2.3 trillion proposal, several GOP senators said Wednesday. The large Democrat package would allocate $400 billion for the care of the elderly and disabled, among other provisions that would not be included in typical infrastructure […]

Microsoft to buy AI firm Nuance Communications for about $16 billion in healthcare push

FILE PHOTO: A Microsoft logo is seen in Los Angeles, California U.S. November 7, 2017. REUTERS/Lucy Nicholson/File Photo April 12, 2021 By Chavi Mehta and Krystal Hu (Reuters) -Microsoft Corp said on Monday it would buy artificial intelligence and speech technology firm Nuance Communications Inc for about $16 billion in cash, as it builds out […]

Microsoft in talks to buy AI firm Nuance Communications for about $16 billion -source

FILE PHOTO: A Microsoft logo is seen in Los Angeles, California U.S. November 7, 2017. REUTERS/Lucy Nicholson/File Photo April 12, 2021 By Krystal Hu (Reuters) -Microsoft Corp is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc at about $16 billion, according to a source familiar with the matter. The […]