Amazon Takes on Musk s SpaceX with $10B Investment in Internet Satellites
Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), announced on Sunday that it has acquired majority stake in its investee company skyTran Inc for a consideration of $26.76 million.
With this transaction, RSBVL has increased its shareholding to 54.46 per cent on a fully diluted basis, RIL said in a statement.
Mukesh Ambani, Chairman and Managing Director of RIL, said: Our acquiring majority equity stake in skyTran reflects our commitment to invest in building futuristic technologies that would transform the world. We are excited by skyTran s potential to achieve an order of magnitude impact on highspeed intra and inter-city connectivity and its ability to provide a high speed, highly efficient and economical Transportation-As-Service platform for India and the rest of the World.
Clubhouse invites for sale on web for $100; that s not the worst part [details]
Currently, the only way to join Clubhouse is if you re invited to the app, which is why people are trying to sell invites to let people in.
Amazon Takes on Musk s SpaceX with $10B Investment in Internet Satellites
Elon Musk has talked about a lot of stuff and has eventually turned it into gold. Clubhouse is one of the hottest platforms right now and in part because Musk hosted a couple of podcasts on the audio-only chat app. After several popular celebs joined Clubhouse, the masses are eager to join the platform - so much so that there s a demand for invites on the web.
Hackers can infiltrate into your devices via Clubhouse ibtimes.co.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibtimes.co.in Daily Mail and Mail on Sunday newspapers.
Amazon Takes on Musk s SpaceX with $10B Investment in Internet Satellites
Automotive giant Fiat Chrysler Automobiles (FCA) on Wednesday announced that it is setting up a Global Digital Hub in Hyderabad with an investment of $150 million.
FCA ICT India, FCA s new innovation and technology development facility, will create nearly 1,000 new cutting-edge technology jobs by the end of 2021 and it has plans to increase hiring over the next two to three years.
This will be FCA s second-largest facility outside North America, Europe, Middle East and Africa. The $150 million investment to set up a Global Digital Hub in Hyderabad cements our continued commitment to India and our customers, said Dr. Partha Datta, President and Managing Director, FCA India.