SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

(Reuters) -Semiconductor supplier Wolfspeed ( WOLF ) is preparing to file for bankruptcy within weeks, as it struggles to address its debt pile, the Wall Street Journal reported on Tuesday, citing sources familiar with the matter. Shares of the company fell over 57% in extended trading. Wolfspeed ( WOLF ) has been grappling with sluggish demand in industrial and automotive...

05:56 PM EDT, 05/20/2025 (MT Newswires) -- Texas Instruments ( TXN ) said late Tuesday that it has priced its offering of $550 million of 4.500% senior unsecured notes due May 23, 2030. The company said it also priced $650 million of 5.100% senior unsecured notes due May 23, 2035. Texas said it plans to use the proceeds for general...

05:30 PM EDT, 05/20/2025 (MT Newswires) -- POET Technologies ( POET ) said Tuesday it has increased its securities offering to $30 million following significant interest from a strategic investor. Late last month, it was offering 5 million units at $5.00 per unit to raise $25 million. Each unit comprises of one share and one warrant, with each warrant being...