Apple CEO Tim Cook has outlined plans for a new silicon chip lab in Germany, committing more than $1.1 billion over three years for the project to research and develop 5G and wireless chips. The company has dubbed the new building the “European Silicon Design Centre,” with plans to hire hundreds of new employees for the lab in central Munich’s Karlstrasse. “I couldn’t be more excited for...
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Andreessen Horowitz Values Clubhouse at $4 Billion With DST, Tiger
Andreessen Horowitz is valuing the social media app Clubhouse at $4 billion in a round of financing with new investors DST Global and Tiger Global Management, according to a person familiar with the matter. The round triples Clubhouse’s valuation from January, in a deal Andreessen Horowitz also led, and comes as rivals Twitter and Spotify roll out their own audio chat features. It...
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