Tuesday, July 26, 2022

France's Eutelsat and UK satellite internet company OneWeb agree to merge in an all-stock deal valuing OneWeb at $3.4B, in a bid to compete with SpaceX (Bloomberg)

Bloomberg:
France's Eutelsat and UK satellite internet company OneWeb agree to merge in an all-stock deal valuing OneWeb at $3.4B, in a bid to compete with SpaceX  —  Eutelsat Communications SA and OneWeb Ltd. are set to combine in an all-share deal valuing the UK satellite operator at $3.4 billion …



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Sources: Yann LeCun is in early talks to raise €500M for his startup at a ~€3B valuation, and plans to name Alexandre LeBrun as CEO, ahead of a January launch (Financial Times)

Financial Times : Sources: Yann LeCun is in early talks to raise €500M for his startup at a ~€3B valuation, and plans to name Alexandre L...