All articles by Vishnu Priya N
Vishnu Priya N
WWT to snap up Canada-based Softchoice for $1.25bn
Following the deal closing, Softchoice shares will be delisted from the Toronto Stock Exchange.
Micron to invest $2.17bn to expand semiconductor facility in Virginia, US
The expansion aims to modernise the existing facility to produce state-of-the-present DRAM memories.
Albania to ban TikTok for one year after teenager’s death
The ban, aimed at making schools safer, will take effect early next year.
US plans to blacklist Sophgo over TSMC chip in Huawei processor- reports
The move is said to be part of US efforts to restrict Chinese firms linked to Huawei, which has been on the US Entity List since 2019.
US awards $458m to SK Hynix for chip packaging plant
In addition to this funding, the CHIPS Programme Office will provide up to $500m in loans to SK Hynix.
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Health tech company ŌURA secures $200m in Series D funding
The capital injection will aid ŌURA to expand its product offerings.
Apple explores AI integration with Tencent and ByteDance
Sources indicate that Apple’s discussions are in the early stages.
US probing router maker TP-Link over security concerns
The Commerce Department issued a subpoena to the China-founded company seeking details about its company structure.
AI startup Perplexity reportedly raises $500m at $9bn valuation
Institutional venture partners led the financing round, which was completed earlier in December.
Oman Investment Authority buys stake in US AI company xAI
This investment is part of Oman’s strategy to develop an advanced AI system.