No Deal: Intel Drops Tower Semiconductor Purchase, Pays $353 Million Split Fee

August 16, 2023 – In a surprising turn of events, Intel Corporation has officially withdrawn from its previously announced acquisition of Tower Semiconductor. This decision comes after months of negotiations and speculations, marking a significant shift in Intel’s strategic direction. Initially revealed in February 2022, Intel’s ambitious plan to acquire Tower Semiconductor for a staggering…

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iPhone 16 Pro Storage Upgrade: 256GB and Beyond

April 24, 2024 – Although Apple traditionally unveils its new iPhones in September, the designs and specifications of the devices are often finalized and undergo trial production several months prior. Recently, details surrounding the upcoming iPhone 16 have begun to emerge. Reports indicate that the iPhone 16 Pro will feature a significant upgrade in its…

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