Apple has added another firm in India to produce the iPhone 14 as China continues to struggle to contain Covid 19. Apple added Taiwanese manufacturer Pegatron as the second firm to produce the phone in India, according to Bloomberg. The move is the latest sign of the growing momentum for U.S. companies to diversify their supply chain away from China, where strict Covid controls are...
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Alexis Ohanian Venture Fund Plots $776 Million in New Funds
Seven Seven Six, the venture capital fund launched by Reddit co-founder Alexis Ohanian in 2020, plans to raise $776 million for two new funds, according to investment documents viewed by The Information. The planned fundraising is more than 50% bigger than what it raised last year and will test investor appetite for bigger funds during a tough environment. The Palm Beach, Fla.-based firm had an...
Former Salesforce Co-CEO to Launch AI Startup With Google Veteran
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