Pixelworks, Inc. ( PXLW ) shares are trading lower after the company’s soft second-quarter guidance. Revenue for the first quarter increased 61% Y/Y to $16.05 million, marginally beating the consensus of $16.00 million, driven by strong growth in mobile revenue. Mobile revenue grew almost 3x Y/Y to $9.8 million, reflecting increased shipments of X-series visual processors for smartphones and an expanded number of TrueCut Motion engagements. Adjusted gross profit margin stood...

May 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 11.45 GMT on Wednesday: ** A consortium led by Malaysia's sovereign wealth fund and pension fund provider announced a conditional offer to take Malaysia Airports Holdings Berhad (MAHB) private, in a deal worth about $3.9 billion. ** Entrepreneur and former Los Angeles Dodgers owner Frank McCourt...

07:52 AM EDT, 05/15/2024 (MT Newswires) -- Entrepreneur Frank McCourt said Wednesday that his nonprofit Project Liberty initiative is organizing an investor group to acquire social media platform TikTok in the United States. Project Liberty will work with investment bank Guggenheim Securities, law firm Kirkland & Ellis, as well as technologists, academics, community leaders, parents and engaged citizens, McCourt said....

07:52 AM EDT, 05/15/2024 (MT Newswires) -- Gregory Bailey, Director, on May 13, 2024, executed a purchase for 15,000 shares in Biohaven ( BHVN ) for $512,877. Following the Form 4 filing with the SEC, Bailey has control over a total of 1,615,071 shares of the company, with 1,615,071 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1935979/000156218024004045/xslF345X03/primarydocument.xml Price: 37.65, Change: +0.41, Percent...