Broadcom Inc. announced today that it would acquire all of VMware’s outstanding shares in a cash-and-stock deal valued at approximately $61 billion, based on Broadcom’s common stock closing price on…
Melvin Capital, formerly one of Wall Street’s most successful hedge funds before losing billions in the meme stock debacle, will close after being stung by the market fall, again and…
Netflix has allegedly fired off around 150 employees, the majority of whom are located in the company’s US headquarters. Slow growth and halted premium memberships have been a problem for…
China’s economic statistics for April were disappointing, highlighting the country’s substantial damage as a result of Covid lockdowns. Retail sales and industrial production in the world’s second-largest economy dropped dramatically,…
Inflation may have slowed somewhat in April from a 40-year high, the first deceleration after seven months of rising price hikes, following a year of skyrocketing prices for petrol, food,…
The US Food and Drug Administration announced Thursday that the emergency use of Johnson & Johnson Covid-19 vaccines will be limited to people who are 18 and older for whom…
Apple Inc. is a global technology firm headquartered in Cupertino, California, that specialises in consumer devices, software, and online services. Apple is the world’s most valuable firm, the fourth-largest personal…
Electric vehicles require a large number of pricey batteries, hence they have a tendency to be luxurious. All the elite car brands including Porsche, Mercedes-Benz, and Audi have all released…
On Monday morning, the company’s 11-member board were talking with Mr Elon Musk about his bid to purchase the giant social networking service and take it private. According to two…
French prosecutors sought international arrest warrants for Carlos Ghosn and four individuals they allege are linked to an auto dealer in Oman, charging they helped the fallen car titan syphon…