On Wednesday, Shares of Intel Corporation (NASDAQ:INTC), gained 1.82% to $31.82.
Intel is launching a $125 million investment fund for technology startups led by women and minorities, a move the chipmaker says is aimed at changing the face of Silicon Valley, according to AP.
The new fund, which is unusual for its focus on minority-led companies, is part of a broader effort that Intel CEO Brian Krzanich has launched amid widespread criticism of a U.S. tech industry dominated by white male executives and investors. AP Reports.
The new investment fund will raise Intel’s commitment to more than $300 million, Intel officials said, although they said there is some overlap and they did not provide financial details. It’s intended to assist build a more diverse “ecosystem” of smaller companies and entrepreneurs that plays an important role in the tech industry, Krzanich said Tuesday. AP added.
Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.
Shares of General Motors Company (NYSE:GM), inclined 0.94% to $35.59, during its last trading session.
General Motors Co said on Wednesday it will declare a development in the secondary use for electric vehicle batteries next week, bringing more attention to the growing stationary energy storage market, according to Reuters.
Unlike Tesla Motors, which last month unveiled a separate product for the stationary energy market, GM’s use will focus on extending the economic life of a battery after its use in an EV, according to the statement outlining plans for the declaration at an auto battery conference on Tuesday. Reuters Reports.
A GM spokesman declined to reveal further details about the declaration. The Detroit company has formerly discussed redeveloping EV batteries for use in the energy grid. Reuters added.
General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. It operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments.
Finally, Nokia Corporation (NYSE:NOK), ended its last trade with 1.26% gain, and closed at $7.24.
Microsoft Corp. on Wednesday declared the new Nokia 105 and Nokia 105 Dual SIM. Aimed at first-time mobile phone buyers, in addition to people looking for a reliable backup device for their smartphone, the new Nokia 105 will enable more people to have a voice and experience the potentially life-changing benefits that a mobile phone can offer. The original Nokia 105 has sold more than 80 million units to date, introducing people from across the globe to mobile experiences.
The new Nokia 105 has everything people loved about its previous award-winning predecessor, and comes with improved functionality and features. Now also accessible in Dual SIM variant, the new Nokia 105 allows people to do the following:
- Connect with people and businesses without great expense.
- Enjoy the features of the previous Nokia 105, and more, counting these:
- Expanded storage for up to 2,000 contacts
- Improved audio for greater call clarity
- Raised talk time for up to 15 hours, and up to 35 days standby time
- Refreshed sleek, durable, versatile design, accessible in three colors: cyan, white and black
- Stay entertained while on the go with two free, pre-loaded games, “Snake Xenzia” and “Bubble Bash 2.”
- Keep a backup handy: Low price point, long battery life and ease of use make the new Nokia 105 an ideal companion device for existing smartphone users or people on their travels.
Nokia Corporation, together with its auxiliaries, provides network infrastructure and related services in Finland, the United States, Japan, China, India, the Russian Federation, Germany, Taiwan, Indonesia, Italy, and internationally. The company operates through four segments: Mobile Broadband, Global Services, HERE, and Nokia Technologies.
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