Computer Sciences
The Federal Statistical Office (FSO) is joining forces with the Swiss Data Science Center, a joint venture between the two federal institutes of technology, to encourage the use of data science and artificial intelligence ...
Mar 25, 2021
0
141
Telecom
Flight passengers will soon be able to connect to their families and colleagues on Earth via low-orbit telecommunications satellites.
Mar 19, 2021
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5
Automotive
LG Energy Solution will invest more than $4.5 billion in U.S. battery production by 2025 as more automakers commit to churning electric vehicles sooner than anyone had expected.
Mar 11, 2021
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0
Automotive
A co-operation deal between British sports car maker Lotus and Alpine, owned by French giant Renault, is driven by a need to share supply chains and production facilities.
Jan 20, 2021
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8
Business
The short-video app TikTok has chosen Oracle as its corporate savior to avoid a U.S. ban ordered by President Donald Trump. The U.S. government will review the prospective deal.
Sep 15, 2020
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6
Automotive
Fiat Chrysler Automobiles on Tuesday reported a first-quarter net loss of 1.7 billion euros ($1.84 billion) due to a steep decline in car sales triggered by the coronavirus pandemic, and said the impact on the second-quarter ...
May 5, 2020
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0
Business
General Electric announced Monday it will cut an additional 10,000 jobs from its aviation sector as the coronavirus pandemic decimates the industry, forcing companies to cancel orders.
May 5, 2020
0
3
Business
Boeing announced Saturday it was pulling out of a $4.2 billion deal to acquire the commercial plane division of its Brazilian rival Embraer, the latest in a string of setbacks for the troubled US aviation giant.
Apr 25, 2020
0
4
Automotive
German automobile group Daimler said Tuesday it was partnering with Sweden's Volvo to make hydrogen batteries for trucks, as car giants accelerate a push to wean vehicles from fossil fuels.
Apr 21, 2020
0
3
Energy & Green Tech
General Motors, trying to refashion itself as a futuristic company with technology to compete against Tesla, rolled out plans Wednesday for 13 new electric vehicles during the next five years.
Mar 4, 2020
1
245
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
