A few weeks ago, we reported that there were strong rumors that Qualcomm, the processor chip maker that powers a large number of smart devices in the...
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Intel is now seen to have sold its stake in the world's leading chip design firm, Arm Holdings. This sale is seen as one of the steps taken by Intel as a restructuring of their company, and also increases cash flow.The sale of the stake in Arm led to $147 million in funding to Intel. Intel has recently been seen experiencing a high financial burden, in addition to their products that face competition in the era of mobile devices and AI today.Previously, Intel had also cut 15,000 employees at their company, and aimed to reduce costs by around $10 billion. Intel is said to have liabilities of around $32 billion as of June 2024.
A few weeks ago, we reported that there were strong rumors that Qualcomm, the processor chip maker that powers a large number of smart devices in the...
Head of the Clico Policyholders Group Peter Permell is cautioning anyone interested in acquiring government’s shareholding in Clico, that if they...
Lists of most influential people are never comprehensive, but they operate to bring a few key players into the light. Here we’ve compiled a list...
Samsung Electronics is a giant global technology conglomerate that is not only famous for their electronic products, but also for developing various...
Naija247news gathered that South African grocery retailer Pick n Pay is set to exit the Nigerian market by selling its 51 percent stake in a joint...
Last week, Halifax-based G2S2 Capital Inc. announced that it had acquired Bow Valley Square, a landmark office complex in downtown Calgary that spans...
A primary asset of a Bermuda investment holding company is selling its majority stake in the largest integrated port and maritime logistics operator...
A primary asset of a Bermuda investment holding company is selling its majority stake in the largest integrated port and maritime logistics operator...
Petronas is now reportedly considering selling a minority stake in Gentari Sdn Bhd, a company that focuses on sustainable energy. The funds and...
Perplexity, one of the companies focusing on artificial intelligence generation, and positioning the company as a provider of search engines powered...