Category: Market Trends
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Qualcomm settles anti-trust case with Taiwan regulator for $93 million
Mobile chipmaker Qualcomm Inc will settle an anti-trust case with Taiwanese regulators for about $93 million, and has also pledged to invest $700 million in Taiwan over the next … ›
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Intel sold $1 billion of artificial intelligence chips in 2017
Intel Corp on Wednesday said it sold $1 billion of artificial intelligence processor chips in 2017, the first time the world’s … ›
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China’s Dada-JD Daojia raises $500 million from Walmart, JD.com
Dada-JD Daojia, a Chinese online grocery and delivery firm, said on Thursday it has raised $500 million from Walmart Inc and JD.com Inc in … ›
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Blockchain firm Soluna to build 900MW wind farm in Morocco: CEO
Blockchain company Soluna plans to build a 900-megawatt wind farm to power a computing center in Dakhla in the Morocco-administered Western … ›
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Qualcomm ends $44 billion NXP bid after failing to win China approval
Qualcomm Inc walked away from a $44 billion deal to buy NXP Semiconductors after failing to secure Chinese regulatory approval, … ›
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China says it is still open to talks on scrapped Qualcomm-NXP takeover
China’s market regulator said it still hoped to find a solution to antitrust concerns that doomed Qualcomm Inc’s $44 billion … ›
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Amazon shares hit record high as profit tops $2 billion for first time
Shares of Amazon.com Inc rose 4 percent to hit an all-time high after the online retailing giant’s quarterly profit topped $2 billion … ›
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Hyundai sets up showroom on Amazon
Hyundai Motor Co said on Wednesday it will set up a showroom on Amazon.com that will help car buyers book test drives, check dealer … ›
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EU order against Google opens new doors for mobile industry
A European Union antitrust judgment against Google on Wednesday invites more competition from software developers including Microsoft Corp , … ›
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Huawei ‘shortcomings’ expose new security risks in UK telecom networks – government report
Problems with products made by China’s Huawei Technologies HWT.UL have exposed new security risks in Britain’s … ›