Skyworks Solutions, which supplies radio frequency chips to Apple and other smartphone makers, has agreed to merge with rival ...
Livestream shopping app Whatnot announced a $225 million fundraising Tuesday at a valuation of $11.5 billion, more than double the level at which it last raised. The round was led by existing ...
Skyworks Solutions, which supplies radio frequency chips to Apple and other smartphone makers, is acquiring its main rival Qorvo for $10.6 billion in a combination of cash and stock. The news, ...
Microsoft will get a 27% stake in OpenAI valued at $135 billion and will retain the rights to use the startup’s intellectual property through 2032, the companies announced on Tuesday. Microsoft will ...
Amazon is cutting around 14,000 corporate jobs, human resources executive Beth Galetti wrote in a memo published by Amazon Tuesday. The job cuts are aimed at “further reducing bureaucracy, removing ...
Seres Group, a major electric vehicle maker in China, is looking to raise $1.7 billion in a Hong Kong listing, according to the company’s filing with the city’s stock exchange. The Hong Kong listing ...
When OpenAI released its Sora video app last month, it seemed like an attempt to develop a TikTok-like viral video service with artificial intelligence at its core. And in some ways, usage of Sora has ...
Online education firm Chegg is laying off 388 employees—around 45% of its workforce—due to the “new realities of AI,” which includes reduced website traffic and revenue stemming from Google’s ...
It took a year and some financial acrobatics, but Meta Platformsand a small army of bankers and lawyers were able to secure funding for a$27 billiondata center project withoutdoing any immediate ...
Amazon is preparing to cut as many as 30,000 corporate jobs beginning this week, Reuters reported Monday. The cuts are meant to help compensate for overhiring during the pandemic and to cut expenses, ...
Shares in Qualcomm soared more than 12% after the semiconductor company said it would make artificial-intelligence chips and struck a deal to provide them to Saudi Arabia’s Humain. The announcement on ...
Forge Global, a publicly traded platform for trading stakes in privately held startups, is exploring a sale, the Financial Times reported. Shares of Forge Global jumped more than 13% on Monday. The ...