SVB Financial (SIVB) stock crashes 50% as tech investment bank seeks to raise more cash
The tech-focused bank announced a plan to raise over $2 billion in capital in an attempt to offset losses on bond sales.
Softbank’s Vision Fund posts investment loss for fourth straight quarter
Vision Fund saw another disappointing quarter for its technology investments.
GM enters $650 million investment and supply agreement with Lithium Americas
In a massive investment deal, GM will look to extract enough lithium from Nevada's Thacker Pass mine to manufacture 1 million new electric vehicles.
Microsoft confirms multi-billion dollar investment into OpenAI
Microsoft will extend its partnership with ChatGPT maker OpenAI.
PlayStation Increasing Investment in PC, Mobile, and Live Service
Expect more PlayStation PC games going forward as Sony Interactive The post PlayStation Increasing Investment in PC, Mobile, and Live Service appeared first on PlayStation LifeStyle.
PlayStation’s Recent Investment Into From Software Might Include TV And Movie Opportunities
Sony might be interested in helping produce movies and television shows based on From Software games. This news comes by way of a new interview between Reuters and PlayStation Studios…
Tencent increases investment stake in Ubisoft parent company Guillemot Brothers Limited to 49.9%
Tencent's increased stake in Guillemot Brothers will allow it to deepen investment in Ubisoft as it prepares to bring several of the developer's games to China.
Tencent and Sony announce FromSoftware investment stakes
Kadokawa Corporation remains the majority shareholder, but Tencent and Sony's increased stakes make up a combined 30% of ownership in FromSoftware.