The Straits Times Business News December 13, 2022 8:33 AMSAN FRANCISCO – In a bid to win regulatory approval for its US$69 billion (S$93 billion) purchase of Activision Blizzard, Microsoft has offered rival Sony Group the right to sell Activision blockbuster Call Of Duty as part of its gaming subscription service. Go to Source December […]Continue reading
The Straits Times Business News October 26, 2022 7:22 AMSAN FRANCISCO – Texas Instruments, whose chips go into everything from home appliances to missiles, dropped as much as 6.1 per cent in late trading on Tuesday after its quarterly forecast signaled that the semiconductor industry’s slump is spreading beyond computing and phones. Go to Source […]Continue reading
The Straits Times Business News August 16, 2022 11:04 AMSAN FRANCISCO (BLOOMBERG) – Even in an industry famous for its roller-coaster cycles, chipmakers are bracing for a particularly severe shift in coming months, when a record-setting sales surge is threatening to give way to the worst decline in a decade or more. Go to Source […]Continue reading
The Straits Times Business News March 03, 2022 8:15 AMSAN FRANCISCO (AFP) – E-commerce titan Amazon on Wednesday (March 2) confirmed plans to close its bricks-and-mortar bookstores and pop-up shops in order to focus on the Whole Foods grocery chain and retail outlets featuring its latest auto-checkout technology. Go to Source March 3, 2022 – […]Continue reading
The Straits Times Business News December 02, 2021 7:40 AMSAN FRANCISCO (BLOOMBERG, REUTERS) – Square is changing its corporate name to Block as it looks to expand beyond its payment business and into new technologies like blockchain. Go to Source December 2, 2021 – 3:09 am / Twitter: @hoffeldtcom
The Straits Times Business News September 16, 2021 8:26 AMSAN FRANCISCO (BLOOMBERG) – Technology consulting firm Thoughtworks Holding climbed as much as 40 per cent in its trading debut after raising US$773 million (S$1.05 billion) in one of four large initial public offerings (IPOs) priced above their marketed ranges. Go to Source September 16, 2021 […]Continue reading
The Straits Times Business News August 05, 2021 8:32 AMSAN FRANCISCO (BLOOMBERG) – Uber Technologies spent heavily to lure drivers back in the second quarter, which resulted in a wider loss than expected and raises doubts about the reliability of its labour model long-term. Its shares declined 8 per cent in extended trading on Wednesday […]Continue reading
