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Tag: invest
Orange to invest in two bitcoin start-ups
2015-04-10 08:58:00| Telecompaper Headlines
(Telecompaper) Orange Silicon Valley announced its intention to invest in two bitcoin start-ups in the next few months, after holding a series of meetings. CEO Georges Nahon said, "There's something intriguing in this technology, so we want to be there as early as possible. This could be a digital platform of the future." Orange plans to invest USD 20,000 in each in partnership with a consortium investing up to USD 3 million per start-up. Bloomberg writes that telecom operators have for the most part stayed away from bitcoin, although several funds related to technology companies have invested in bitcoin start-ups. The technology could be modified to help facilitate transactions at businesses such as carriers, banks, stock exchanges or insurance providers.
Tags: orange
invest
startups
bitcoin
Fiat Chrysler to invest $540 million in new engines for Alfa Romeo
2015-04-08 22:19:16| Automakers - Topix.net
The carmaker plans to invest 5 billion euros in Alfa Romeo to boost sales more than fivefold to 400,000 vehicles in 2018 by adding eight new models and ramping up production. The engines, to be produced at the group's Termoli factory in southern Italy, include an advanced high output four-cylinder engine developed for Alfa Romeo, the company said.
Tags: million
invest
engines
chrysler
Germany's DHL announces it will invest additional NT$337 mil. in Taiwan
2015-04-07 21:02:47| Logistics - Topix.net
TAIPEI, Taiwan -- Deutsche Post DHL Group, a global mail and logistics company headquartered in Geramny, yesterday announced a 10-20 million euro investment in Taiwan as part of its "Strategy 2020." In Taipei yesterday, Deutsche Post DHL Group CEO Frank Appel outlined the group's investment program in the coming five years and said he is upbeat on growth prospects in Taiwan.
Tags: additional
taiwan
invest
mil
Russia's Fridman forms $16 billion fund to invest in U.S., European telecoms - FT
2015-04-06 08:52:07| Telecom - Topix.net
Russian billionaire Mikhail Fridman and his Russian partners have come together to create a private-equity-style group that will invest in technology and telecom companies in the U.S. and Europe, the Financial Times reported. The private-equity fund called LetterOne Technology , will utilise its $16 billion in funds - stretchable up to $25 billion - to buy struggling telecom companies that require fresh infusion of capital or technology companies that make apps or streaming services that could be used by its global mobile operations, the FT quoted L1Technology's Chief Executive Alexey Reznikovich as saying.
Ashland to Invest $89 Million to Increase Production of HEC Thickener Used in Latex Paints
2015-04-06 07:00:00| Coatings World Breaking News
Tags: used
increase
production
million
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