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Tag: industrial news

Broadcom’s $ 61 Billion VMware Buy Is a Bet on Unsexy Software
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Broadcom’s $ 61 Billion VMware Buy Is a Bet on Unsexy Software TOU

  • May 26, 2022
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  • By TOU
Broadcom's $ 61 Billion VMware Buy Is a Bet on Unsexy Software Broadcom Inc. AVGO 1.42% Chief Executive Hock Tan's $ 61 billion deal to buy VMware Inc. VMW 3.97% marks the biggest bet yet that the...
Posted in Techno
Elon Musk Plans to Rely More Heavily on Equity for Twitter Deal
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Elon Musk Plans to Rely More Heavily on Equity for Twitter Deal TOU

  • May 25, 2022
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  • By TOU
Elon Musk Plans to Rely More Heavily on Equity for Twitter Deal Elon Musk is committing more of his wealth to finance his $ 44 billion deal for Twitter Inc. TWTR 3.91% and seeking additional...
Posted in Techno
Buzz Update  Nvidia Reports Earnings Today.  Data Centers Could Be a Silver Lining. 
 TOU

Buzz Update Nvidia Reports Earnings Today. Data Centers Could Be a Silver Lining. TOU

  • May 25, 2022
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  • By TOU
Nvidia Reports Earnings Today. Data Centers Could Be a Silver Lining. Text size Nvidia recently said it was slowing down the pace of its hiring. Dreamstime Nvidia reports earnings after the close on...
Posted in Business
Foxconn Megafactory Flop Forces Wisconsin Town to Recast Its Net
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Foxconn Megafactory Flop Forces Wisconsin Town to Recast Its Net TOU

  • May 25, 2022
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  • By TOU
Foxconn Megafactory Flop Forces Wisconsin Town to Recast Its Net MOUNT PLEASANT, Wis. — Nearly five years after iPhone assembler Foxconn Technology Group unveiled plans for a factory that would...
Posted in Techno
WSJ News Exclusive |  Lyft to Pause Some Hiring and Trim Budgets, Citing Economic
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WSJ News Exclusive | Lyft to Pause Some Hiring and Trim Budgets, Citing Economic TOU

  • May 24, 2022
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  • By TOU
WSJ News Exclusive | Lyft to Pause Some Hiring and Trim Budgets, Citing Economic Lyft Inc. LYFT -17.27% will slow hiring, reduce the budgets of some of its departments and grant new stock options to...
Posted in Techno
Buzz Update  Good news for home buyers?  Fannie Mae chief economist says the US housing market has finally
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Buzz Update Good news for home buyers? Fannie Mae chief economist says the US housing market has finally TOU

  • May 24, 2022
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  • By TOU
Good news for home buyers? Fannie Mae chief economist says the US housing market has finally The inventory shortage, high prices and rising interest rates have finally bitten. Single-family home...
Posted in Business
Zoom Still Needs the Little People
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Zoom Still Needs the Little People TOU

  • May 24, 2022
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  • By TOU
Zoom Still Needs the Little People Zoom's revenue growth from online customers has been slowing notably over the last few quarters. Photo: Justin Sullivan / Getty Images The ironic challenge facing...
Posted in Techno
Walmart Expanding Drone Delivery Network to Six States 
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Walmart Expanding Drone Delivery Network to Six States TOU

  • May 24, 2022
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  • By TOU
Walmart Expanding Drone Delivery Network to Six States Walmart Inc. WMT -0.91% is expanding its drone delivery operations to some 4 million households in six states, as the big-box retailer looks to...
Posted in Techno
Snap Issues Profit Warning on Economic Conditions Including Inflation
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Snap Issues Profit Warning on Economic Conditions Including Inflation TOU

  • May 23, 2022
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  • By TOU
Snap Issues Profit Warning on Economic Conditions Including Inflation Snap Inc. SNAP -3.40% issued a profit warning Monday and said it planned to slow hiring and spending, adding to adjustments...
Posted in Techno
Airbnb to Quit China Business as Harsh Lockdowns, Competition Weigh on Demand 
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Airbnb to Quit China Business as Harsh Lockdowns, Competition Weigh on Demand TOU

  • May 23, 2022
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  • By TOU
Airbnb to Quit China Business as Harsh Lockdowns, Competition Weigh on Demand Airbnb Inc. ABNB 0.65% plans to close its domestic business in China after harsh Covid-19 lockdowns compounded the pain...
Posted in Techno
Activision Blizzard Employees Vote to Form the Videogame Company’s First Union
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Activision Blizzard Employees Vote to Form the Videogame Company’s First Union TOU

  • May 23, 2022
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  • By TOU
Activision Blizzard Employees Vote to Form the Videogame Company's First Union A small number of workers at one of Activision Blizzard Inc.'s studios has voted in favor of unionizing with the...
Posted in Techno
Didi Says It Will Proceed With Delisting From NYSE
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Didi Says It Will Proceed With Delisting From NYSE TOU

  • May 23, 2022
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  • By TOU
Didi Says It Will Proceed With Delisting From NYSE Less than a year after Didi Global Inc. listed its shares in the US, the Chinese ride-hailing giant said its shareholders had approved its plan to...
Posted in Techno

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