Electronics & Semiconductors
TSMC's new chip plant in Japan will help assure global supplies of the crucial hardware, the Taiwanese giant's founder Morris Chang said Saturday as the $8.6-billion factory was officially opened.
Feb 22, 2024
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14
Business
A US federal judge on Tuesday ruled against JetBlue's $3.8 billion takeover of low-cost carrier Spirit Airlines, saying that the deal would reduce competition.
Jan 16, 2024
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1
Business
The Walt Disney Company on Wednesday announced it will buy Comcast's $8.6 billion stake in Hulu, completing its takeover of the streaming service.
Nov 2, 2023
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1
Business
British mobile phone giant Vodafone announced Tuesday the sale of its Spanish division to investment fund Zegona for up to 5.0 billion euros ($5.3 billion), as part of an ongoing overhaul.
Oct 31, 2023
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1
Automotive
Stellantis plans to invest about 1.5 billion euros, or about $1.6 billion, in Leapmotor, a Chinese electric vehicle manufacturer, the companies said late Wednesday.
Oct 26, 2023
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21
Hi Tech & Innovation
Japan's Honda and US auto titan General Motors announced on Thursday that they planned to launch a driverless taxi service in Tokyo in 2026, helping tackle labor shortages in an aging society.
Oct 19, 2023
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15
Automotive
Swedish-based Northvolt on Thursday unveiled plans to build its first electric vehicle lithium-ion battery gigafactory in North America, just outside of Montreal.
Sep 28, 2023
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9
Business
Germany's Saxony state signed an agreement with Taiwanese chip giant TSMC on Tuesday to train German students in an effort to meet the growing demand for workers in the semiconductor sector.
Sep 19, 2023
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1
Business
U.S. regulators are warning airlines to limit the use of an anti-icing system on Boeing 737 Max jets in dry air to avoid overheating engine-housing parts, which could cause them to break away from the plane.
Aug 8, 2023
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1
Energy & Green Tech
Wind power developers proposed four new projects off the New Jersey Shore on Friday, a surge that would more than double the number of wind farms built off its coast if they are approved by regulators.
Aug 4, 2023
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11
A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship such as the Fuji Xerox joint venture. This is in contrast to a strategic alliance, which involves no equity stake by the participants, and is a much less rigid arrangement.
The phrase generally refers to the purpose of the entity and not to a type of entity. Therefore, a joint venture may be a corporation, limited liability company, partnership or other legal structure, depending on a number of considerations such as tax and tort liability.
This text uses material from Wikipedia, licensed under CC BY-SA
