US chipmaker Qualcomm Inc. has reached an agreement to acquire UK-based semiconductor company Alphawave IP Group Plc for approximately $2.4 billion in cash, marking a significant step in its strategy to expand into artificial intelligence and high-speed data infrastructure.The proposed acquisition values Alphawave at 183 pence per share, according to…
Blockchain Group, a Paris-based crypto company, is making a major move in the European digital asset space by announcing plans to raise €300 million ($340 million) to significantly expand its Bitcoin treasury. The Blockchain Group@_ALTBG·Follow🟠 The Blockchain Group Launches a €300 Million “ATM-type” Capital Increases Program with TOBAM⚡️ Full Press…
In a move aimed at bolstering marine conservation efforts, the British government announced on Monday its intention to broaden the prohibition on bottom trawling, a destructive fishing practice that severely impacts seabed ecosystems. The move gets public supportThis decision comes amid growing concern over the health of the world’s oceans, with…
China’s exports grew 4.8% year-on-year in May, but the headline figure masks a deeper slump in shipments to the United States, which plunged by 34.5% — the steepest fall since the early days of the pandemic in February 2020. The latest trade data released by China’s General Administration of Customs…
Warner Bros. Discovery Inc. will divide into two publicly traded companies by mid-2025, a sweeping move aimed at adapting to shifting viewer preferences and the financial pressures of the streaming era. The company will separate its streaming and studio operations from its traditional television network assets, it announced Monday.The new…
Apple is expected to take a bold leap forward in software innovation during its Worldwide Developers Conference (WWDC) on Monday, 9 June. Central to the announcements will be a significant rebranding of its operating system, jumping from iOS 18 straight to iOS 26, as per media reports.This dramatic renumbering signals…
Procter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program. The layoffs by the consumer goods giant come as President Donald Trump’s tariffs have led a range of companies to hike prices to offset higher costs. The trade tensions…
One day after seeing their largest-ever one-day drop, Tesla shares recovered some losses Friday as the spat between CEO Elon Musk and President Donald Trump that exploded into public view Thursday took appeared to take a breather heading into the weekend. Shares in the electronic vehicle maker gained as much…
Latin America’s crypto scene continues to evolve, with new products and regional expansions highlighting its rapid growth.This week’s most notable news is that Tether announced a partnership with Orionx to boost the use of Stablecoins in the region. On the other hand, World and Rappi teamed up to enhance digital ID verification…
Stitch Fix stock price has jumped in the past few weeks as investors bought the dip despite its business facing major challenges. SFIX shares will be in the spotlight on Tuesday when the company publishes its financial results.Stitch Fix business has faced major challengesStitch Fix is an e-commerce company that…