Finance
Qualcomm Accuses Arm of Monopoly Practices Across Three Continents, Chip Architecture Licensing Model at Risk of Overhaul
March 26, 2025 – UK-based chip design firm Arm, since its acquisition by SoftBank, has gradually shifted its business model from a provider of basic architectures to a full-fledged chip designer. Bloomberg, citing sources familiar with the matter today, reports that Qualcomm has submitted confidential documents to the European Commission, the U.S. Federal Trade Commission…
SoftBank Speeds Up AI Innovation with $6.5 Billion Cash Acquisition of Ampere
March 20, 2025 – In a recent announcement, SoftBank Group has revealed a deal with US-based chip design firm Ampere, where the Japanese conglomerate will acquire 100% ownership of Ampere through a wholly-owned subsidiary in an all-cash transaction valued at $6.5 billion. Under the terms of the agreement, Ampere will continue to operate as a…
Google’s Biggest Acquisition Yet: $32 Billion Cash for Cloud Security Firm Wiz
March 19, 2025 – In a major move today, Google announced its acquisition of New York-headquartered cloud security startup Wiz for a whopping $32 billion in an all-cash deal, subject to potential adjustments upon final settlement. Upon completion, Wiz will be integrated into Google Cloud. This acquisition marks Google Cloud’s strategic investment in two rapidly…
Apple Faces Tougher Scrutiny in Germany as Court Dismisses Appeal
March 19, 2025 – Apple Inc. suffered a setback this Tuesday as the German Federal Supreme Court dismissed its appeal against the country’s antitrust authority, paving the way for tighter regulatory scrutiny of the tech giant in Germany. The ruling upholds the decision by the German Cartel Office in 2023, which designated Apple as a…
Adobe Stock Hits Lowest Since May 2023 Amid AI Monetization Doubts
March 14, 2025 – Adobe’s shares dropped by 8.6% today, reaching their lowest level since May 2023. This decline followed the company’s announcement on Wednesday of its second-quarter revenue guidance, which is expected to range between 5.77billionto5.82 billion, aligning with market expectations. According to Reuters, Adobe is confronting fierce competition from startups while making slow…
Buffett’s 2025 Letter: A Lifetime of Reliance on Stocks without Special Talents
February 23, 2025 – Berkshire Hathaway, the company owned byWarren Buffett, released its annual letter to shareholders yesterday evening. In the letter, Buffett revealed that Berkshire’s performance in 2024 exceeded expectations, with operating earnings reaching $47.4 billion and a stock market return of 25.5%, surpassing the S&P 500’s gain of 25%. Over the long term,…
Sony PlayStation to Boost Family Game Offerings Following “Cosmic Robots” Triumph
February 14, 2025 – Following the success of “Cosmic Robots” being named the Best Platform Game of the Year, PlayStation has announced plans to introduce more family-friendly titles. According to a report by VGC, Sony’s President, Yuji Hirota, mentioned during yesterday’s earnings call that the accolades recently received by the platform game, developed by Team…
Samsung Implements New Strategy: Linking Employee Bonuses to Stock Performance
January 20, 2025 – Samsung Electronics, the South Korean technology giant, is navigating through one of the most challenging periods in its history. The company has seen a significant decline in its share price over the past six months, primarily due to issues within its memory and semiconductor chip business. In response to this predicament,…
TikTok’s CEO Vows to Secure Platform’s Flourishing, Expresses Appreciation to Trump
January 18, 2025 – In a video message released on TikTok just four hours ago, the platform’s CEO, Shou Zi Chew, assured the public that he would leave no stone unturned to ensure TikTok’s continued prosperity. On Friday local time, the U.S. Supreme Court handed down a ruling declaring the “ban if not sold” law…
TikTok’s Fate in US Sealed as Supreme Court Supports Ban
January 18, 2025 – The United States Supreme Court has ruled in favor of maintaining the ban on short-video social media platform TikTok, setting the stage for the app’s potential removal from US markets as early as January 19th. In a unanimous decision, the Supreme Court stated that the provisionss at issue do not violate…