SoftBank Invests $2 Billion to Save the Struggling Chipmaker Intel
With the deal, SoftBank will become one of Intel’s top ten shareholders and add its investors’ ambitious bet on semiconductor and AI assets. The SoftBank Group has agreed to buy…
With the deal, SoftBank will become one of Intel’s top ten shareholders and add its investors’ ambitious bet on semiconductor and AI assets. The SoftBank Group has agreed to buy…
Data from The South African Chamber of Commerce and Industry’s Business Confidence Index shows that business confidence was 116.7 in July, up from 113.2 in June. South Africa is retaining…
As artificial intelligence (AI) booms, many software development companies, including Lovable and Bolt, are developing their own AI, posing a threat to Figma. Design software maker Figma shares surged 250%…
Singapore’s daily foreign exchange turnover of US$1.136 trillion in October 2024 was 1.7 times that of Hong Kong, the largest gap since 2023. Singapore’s foreign exchange market grew this year,…
AstraZeneca stated that the investment will fund a new drug manufacturing facility in Virginia and cell therapy manufacturing in Maryland, Massachusetts, California, Indiana, and Texas. AstraZeneca plans to invest $50…
The H20 was launched in 2024 due to tighter US export regulations that restricted sales of Nvidia’s older, more advanced AI processors. Nvidia announced that it would offer computer chips…
There is a greater need for lift upgrades right now since many lift systems constructed during Japan’s construction boom are nearing the end of their operational lives. A little-known elevator…
Goldman Sachs increased its prediction for the index’s six-month return from its previous estimate of 6,100 to +6%, predicting a year-end level of 6,600. Goldman Sachs has increased its three-,…
The US administration has put strict barriers on China’s funds, keeping CIC off a list of foreign investors and limiting Chinese investment in technology, energy, and healthcare. For many years,…
In a country like Malaysia, with more cars than people, this proposal raises worries among residents that it will trigger inflation if consumers are forced to pay the market price…