Infineon Acquires Marvell’s Automotive Ethernet Business for $2.5B in Cash

April 8, 2025 – Infineon Technologies and Marvell Technology Group Ltd. revealed yesterday that they have finalized an agreement under which Marvell will sell its automotive Ethernet technology business to Infineon for $2.5 billion. This transaction is subject to customary closing conditions and regulatory approvals, with an expected completion date within 2025. Marvell’s Brightlane automotive…

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Faraday Future Secures Nasdaq Listing Continuation: Must Fulfill Financial Report Submission and Share Price Criteria

June 28, 2024 –In a major development today, Faraday Future (FF) unveiled that it has received notification from Nasdaq, confirming the Hearings Panel’s approval for the company’s continued listing on the prestigious stock exchange. However, this approval is contingent upon FF adhering to strict compliance milestones, setting the stage for a crucial period of financial…

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Meta’s Bold Leap: Bringing Superintelligence Within Everyone’s Reach, Says Zuckerberg

July 31, 2025 – On Wednesday, Mark Zuckerberg, CEO of Meta, unveiled an ambitious vision for “personal superintelligence,” setting the company’s AI strategy apart from its rivals. In a statement, Zuckerberg highlighted that Meta’s AI systems have recently shown signs of self-improvement, suggesting that the development of superintelligence is now within reach. “Our goal is…

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First-Ever Collaboration: Samsung SDI’s EV Battery Deal with Hyundai, Starting 2026

October 23, 2023 – Samsung SDI, a South Korean battery manufacturer, announced on Monday that it will commence supplying electric vehicle (EV) batteries to Hyundai Motor starting in 2026, in a seven-year agreement marking the first-ever battery supply deal between the two companies. In a statement, Samsung SDI stated, “This latest supply agreement signifies the…

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