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Facebook bets on India with $5.7 billion Reliance deal
12:30pm, 22nd April, 2020

Facebook bets on India with $5.7 billion Reliance deal

Facebook is set to spend $5.7 billion to buy a 9.99% stake in Reliance Industries' digital arm, as it looks to roll out services for India's grocers and small businesses by capitalizing on WhatsApp's extensive reach in the country.
Sensor specialist AMS bets on self-driving cars
9:35am, 24th July, 2018

Sensor specialist AMS bets on self-driving cars

Austrian chipmaker AMS, mainly known as a supplier of sensors for Apple's iPhone X, aims to expand further into the fast-growing business of making sensors for self-driving cars. The Swiss-listed company already develops sensors that can help to...