At a time when its collection of businesses are all declining, Sony had one bright spot on the horizon: a new games console. Now the company, and its investors, will need to wait a little longer for that fresh high.
Author: Agency Staff
Nvidia’s record deal to buy ARM will encounter major hurdles from regulators in countries sparring over trade and customers concerned the transaction will limit competition and unfairly favour ARM’s future owner.
A senior Chinese official has accused the US, which forced the sale of TikTok on national security grounds, of “economic bullying”, while lambasting European Union restrictions on Huawei.
ByteDance founder and CEO Yiming Zhang’s decision to drop his pursuit of a sale of TikTok’s US operations to Microsoft in favour of a partnership with Oracle was the culmination of weeks of pressure.
If Nvidia is able to pull off its blockbuster acquisition of premier chip designer ARM, the deal may be the final piece it needs to dominate the industry for a generation.
Google aims to power its data centres and offices solely with renewable energy by 2030, its CEO said, becoming the biggest company in the world to commit to ditching coal and natural gas power.
Six weeks after announcing to the world it was in talks to buy TikTok, Microsoft comes out to tell us it didn’t get the gig. CEO Satya Nadella dodged a bullet. Now the gun is aimed directly at Oracle and its chairman, Larry Ellison.
South Africa’s economy will likely contract this year by more than the 7% previously forecast by the treasury, Finance Minister Tito Mboweni said in an opinion piece published on Sunday.
Nvidia’s $40-billion agreement to acquire ARM is likely to meet strong opposition from Nvidia’s chip industry rivals, analysts say, with murmurs of protest already emerging in South Korea and China.
ByteDance abandoned the sale of TikTok in the US on Sunday to pursue a partnership with Oracle that it hopes will spare it a US ban while appeasing China’s government, people familiar with the matter said.