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EU regulators to decide on $14 billion HP-Juniper deal by Aug. 1
EU regulators to decide on $14 billion HP-Juniper deal by Aug. 1
Jun 28, 2024
BRUSSELS (Reuters) - EU antitrust regulators will decide by Aug. 1 whether to clear Hewlett Packard Enterprise's ( HPE ) $14 billion acquisition of networking gear maker Juniper Networks ( JNPR ), a filing on the European Commission website showed on Friday. The deal announced in January would boost HPE's artificial intelligence (AI) products and double its networking business, underscoring...
EU regulators to decide on $14 bln HP-Juniper deal by Aug. 1
EU regulators to decide on $14 bln HP-Juniper deal by Aug. 1
Jun 28, 2024
BRUSSELS, June 28 (Reuters) - EU antitrust regulators will decide by Aug. 1 whether to clear Hewlett Packard Enterprise's ( HPE ) $14 billion acquisition of networking gear maker Juniper Networks ( JNPR ), a filing on the European Commission website showed on Friday. The deal announced in January would boost HPE's artificial intelligence (AI) products and double its networking...
Nokia taps AI boom with $2.3 billion Infinera purchase
Nokia taps AI boom with $2.3 billion Infinera purchase
Jun 28, 2024
By Supantha Mukherjee STOCKHOLM (Reuters) - Nokia's bid to buy U.S. optical networking gear maker Infinera ( INFN ) in a $2.3 billion deal puts the Finnish company on track to gain from the billions of dollars in investment pouring into data centres to cater to the rise of artificial intelligence. The deal would help Nokia to leapfrog Ciena and...
Apple's iPhone shipments in China surge 40% in May amid aggressive discounting
Apple's iPhone shipments in China surge 40% in May amid aggressive discounting
Jun 28, 2024
BEIJING, June 28 (Reuters) - Apple's ( AAPL ) smartphone shipments in China rose nearly 40% in May from a year earlier, extending a rebound seen in April, data from a research firm affiliated with the Chinese government showed on Friday. Shipments of foreign-branded phones in China increased by 1.425 million in May to 5.028 million units from 3.603 million...
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Citigroup nears Mexican consumer bank spinoff, WSJ reports
Citigroup nears Mexican consumer bank spinoff, WSJ reports
Nov 29, 2024
Nov 29 (Reuters) - Citigroup ( C/PN ) is close to spinning off its Mexican consumer bank Banamex, an important part of CEO Jane Fraser's bank overhaul plan, the Wall Street Journal reported on Friday. Citigroup ( C/PN ) did not immediately respond to a Reuters request for comment. (Reporting by Pritam Biswas in Bengaluru; Editing by Abinaya Vijayaraghavan) ...
MicroStrategy Shares Jumps In Friday Pre-Market As Bitcoin Rebounds To $96,000: Consensus Price Target Reveals Over 15% Upside For MSTR
MicroStrategy Shares Jumps In Friday Pre-Market As Bitcoin Rebounds To $96,000: Consensus Price Target Reveals Over 15% Upside For MSTR
Nov 29, 2024
MicroStrategy Inc. ( MSTR ) experienced a notable 4.44% increase in its share price during pre-market trading on Friday as per Benzinga Pro. This rise aligns with Bitcoin‘s (CRYPTO: BTC) recovery from its recent dip. What Happened: Earlier this week, Bitcoin had dropped to $92,000 but was trading at $96,596.96 by 5:26 a.m. ET. The cryptocurrency’s resurgence seems to have positively...
Retailers ready Black Friday offers as they face shorter selling season, cautious shoppers
Retailers ready Black Friday offers as they face shorter selling season, cautious shoppers
Nov 29, 2024
* Retailers offer exclusive products and steep discounts * Shorter holiday season pressures retailers to maximize sales * Inflation affects spending habits, increasing demand for deals * Some U.S. stores to open as early as 5 a.m. on Black Friday (Adds details from Europe in paragraphs 3-6) By Siddharth Cavale, James Davey and Helen Reid NEW YORK/LONDON, Nov 29 (Reuters)...
TSMC founder Morris Chang offered top job to Jensen Huang, memoir shows
TSMC founder Morris Chang offered top job to Jensen Huang, memoir shows
Nov 29, 2024
TAIPEI (Reuters) - TSMC's founder Morris Chang asked Nvidia's ( NVDA ) Jensen Huang to consider becoming the chief executive of the Taiwanese chip giant more than a decade ago, but was turned down in just 10 minutes, Chang says in a new volume of autobiography. Huang, who has served as chief executive of the AI chipmaker since founding the...
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DeFi Sector Grapples with $187M Losses But Recovery Efforts Net Nearly $99M
DeFi Sector Grapples with $187M Losses But Recovery Efforts Net Nearly $99M
Apr 1, 2024
Amidst improved investor sentiment, blockchain security firm PeckShields report for March 2024 revealed a concerning surge in crypto hacks, with over 30 incidents causing approximately $187.29 million in losses. Despite these setbacks hindering progress in the DeFi sector, the community can find some solace in the recovery of almost $99 million during the same period. In fact, the latest figure...
Bitcoin Nosedives $3K in Latest Flush Out But Analysts Unfazed 
Bitcoin Nosedives $3K in Latest Flush Out But Analysts Unfazed 
Apr 1, 2024
Liquidations are mounting up as total market capitalization crashed more than 6% over the past few hours. This has resulted in around $200 billion exiting the space as it fell to around $2.5 trillion, according to CoinMarketCap. CoinGecko reports a slightly different figure, with the total cap dropping to around $2.6 trillion at the time of writing. However, it has...
Vitalik Buterin Doubles Down on Crucial Aspects for Ethereum’s Purge
Vitalik Buterin Doubles Down on Crucial Aspects for Ethereum’s Purge
Apr 1, 2024
Vitalik Buterin the co-founder of Ethereum shared insights on the next steps in the protocols simplification and easing the burden on node resources, also known as Purge. The Purge essentially aims to safeguard the protocol by optimizing data storage. At the same time, it also seeks to address design decisions that were made due to technology constraints in the past....
The Meme Coin Show Goes On as Degen Chain (DEGEN) Price Explodes
The Meme Coin Show Goes On as Degen Chain (DEGEN) Price Explodes
Apr 1, 2024
TL;DR The newly launched Degen Chain and its token DEGEN witnessed substantial growth, with the network registering significant transactional volume and user adoption. DEGEN-related meme coins have also saw the light of day, experiencing substantial price increases. The ever-evolving cryptocurrency sector recently witnessed the emergence of a new layer-3 blockchain network called Degen Chain. The latter is built on top...
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