The $ 900 billion pile of cash that inflates startup valuations

Investors are braving a share price plunge for new public companies to put hundreds of billions of dollars at the disposal of startups, a stack of cash that promises to inject a torrent of money into early-stage companies in 2022 and beyond. Special-purpose acquisition companies, which make startups public through mergers, raised about $ 12 … Read more

Google and Tech Rivals leverage cash reserves to realize cloud ambitions

Google and its rivals are wielding a new weapon in the battle for cloud computing market share: large investments in companies that agree to access their services. With Thomas Kurian as CEO of the cloud since 2019 after a long tenure at Oracle Corp. ORCL -0.50% , the alphabet Inc. GOOG 0.04% leveraged its $ … Read more