UPDATE 1-India's Reliance sells $750 mln stake in digital unit to Silver Lake

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UPDATE 1-India's Reliance sells $750 mln stake in digital unit to Silver Lake

(Adds details on valuation, background on Facebook deal). BENGALURU, May 4 (Reuters) – Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest nearly $750 million in its digital arm, days after securing a $5.7 billion investment …
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Apple commits $10M to help boost COVID-19 testing

Apple continues to look for ways in which it can use its platforms and power to help in the struggle against COVID-19; now, it has poured $10 million from its Advanced Manufacturing Fund into sample collection kit manufacturer COPAN Diagnostics.
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Volvo and Lidar-maker Luminar to Deliver Hands-free Driving by 2022

The race to bring self-driving cars to showrooms may have a new leader: Volvo Cars said it will partner with Silicon Valley-based lidar manufacturer Luminar to deliver genuine hands-free, eyes-off-the-road highway driving beginning in 2022. That so-called …
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Ascension to build new 36-bed children's hospital off Avery Ranch Boulevard in Northwest Austin

Dell Children’s Medical Center plans to build a new children’s hospital and medical office building in Northwest Austin and expand its Mueller campus, according to a May 7 news release. The new hospital will be built on 34 acres near the southeast corner of …
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Austria Prepares Stimulus to Start 'Phase 2' of Corona Recovery

… start negotiating ways to increase supply and demand to get back to growth,” Finance Minister Gernot Bluemel said in a Bloomberg TV interview.
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