Advanced Micro Devices Inc. set to buy chip and software startup Pensando Systems Inc. for $1.9 billion, shortly after closing its biggest-ever transaction with Xiling inc The proposed deal, which AMD disclosed, would add
According to the Federal Reserve, the wealth of America’s wealthiest people or the prolific CEO’s; Warren Buffett, Elon Musk and Jeff Bezos, increased by a total of $6.5 trillion last year, mainly driven
Credit Suisse,not fully complied on Russia sanction!! The assumption prompted the House Oversight Committee to seek documents related to the bank’s compliance with sanctions over Russia’s invasion of Ukraine. In a letter to
Tesla CEO Elon Musk has taken a big stake in social media company Twitter, a regulatory filing released Monday showed. Musk owns 73,486,938 shares of Twitter, which represents a 9.2% stake in the
TheJournalbiz Editorial Contributing authors: arsim@thejournalbiz.com tracy@thejournalbiz.com arben@thejournalbiz.com Today, six years ago Tesla’s Model 3 hit the global market, and Elon Musk claimed via a tweet that the greenest friendly and powerful car is
Oracle Corp. is making broader shift into the cloud-software market, as it steers longtime enterprise customers out of the in-house databases that made Oracle an information-technology powerhouse, industry analysts said. Oracle stated that
As Western tech companies halt sales to Russia following its invasion of Ukraine, Chinese rivals have an opportunity to capitalize on their departure! Companies that have suspended sales to Russia include smartphone makers
The U.S. included 100 killer drones in a donation-weapons package for Ukraine, that the President Joe Biden approved earlier this month, U.S. officials confirmed. Celeste Wallander, assistant secretary of Defense for international security
Qualcomm Inc., best known as a supplier of chips for smartphones, is setting aside $100 million to invest in companies that develop new technologies for the metaverse, a virtual world where people can
Sony Group Corp.’s video game unit is bolstering its subscription options, part of an industry-wide trend to lock in players to specific hardware, franchises and apps. Starting in June, Sony says it will
