A Renesas Electronics Corp. central processing unit (CPU) board and microcontrollers. Kiyoshi Ota | Bloomberg | Getty Images Japanese semiconductor firm Renesas Electronics said Thursday that it would acquire Sydney-listed software company Altium for 9.1 billion Australian dollars ($5.89 billion) in cash, as it seeks to streamline its electronics design […]
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Singapore trims 2023 economic growth to 1.1% as manufacturing sector contracts
A general view of the skyline of the Singapore Central Business District, the Marina Bay Sands, the ArtScience Museum and the seating platform at Marina Bay on August 1, 2015 in Singapore. Suhaimi Abdullah | Getty Images SINGAPORE — Singapore lowered its full-year growth for 2023, as official data on […]
TikTok, Facebook and YouTube sued by New York City for alleged harm to kids’ mental health
New York City Mayor Eric Adams said Wednesday that his administration has filed a lawsuit against the parent companies of TikTok, Instagram, Facebook, Snapchat and YouTube, alleging that their services are damaging to the mental health of young adults and children in the largest U.S. city. The city of New […]
SpaceX files to move incorporation site from Delaware to Texas
A SpaceX Falcon 9 rocket lifts off on the USSF-124 mission for the U.S. Space Force and Missile Defense Agency in Cape Canaveral, Florida, U.S., February 14, 2024. Joe Skipper | Reuters SpaceX has filed to change its incorporation location to Texas from Delaware, according to public filings with the […]
BRICS nations to see highest surge in millionaire count over the next decade — exceed the rise in G7 countries
(L to R) Brazil’s President Michel Temer, Russia’s President Vladimir Putin, China’s President Xi Jinping, South Africa’s President Jacob Zuma and India’s Prime Minister Narendra Modi pose for a group photo during the BRICS Summit on September 4, 2017. Wu Hong | Afp | Getty Images Millionaire population in the […]
AI is shaking up online dating with chatbots that are ‘flirty but not too flirty’
Vertigo3d | E+ | Getty Images Not so long ago, drafting a text message to your crush may have involved witty cues from a glossy magazine and the input of everyone in your group chat. As of Valentine’s Day 2024, the world of online romance looks very different. An increasing […]
Jim Cramer disputes five bearish market ‘scares’ after Wednesday’s rebound
CNBC’s Jim Cramer on Wednesday said investors shouldn’t be worried in this market, listing five bearish “scares” that he said are part of the normal market rhythm and shouldn’t worry Wall Street so much. “All I ask is that when these professional bears come on, could they just remember that […]
Twilio begins operational review of activist-targeted business unit
Jeff Lawson, (C) Founder, CEO, & Chairman of Communications software provider Twilio Inc., rings the opening bell to celebrate his company’s IPO at the New York Stock Exchange in New York City, June 23, 2016. Brendan McDermid | Reuters Twilio announced alongside its fiscal fourth quarter earnings on Wednesday it […]
After 8 months stuck in orbit, Varda’s drug spacecraft gets FAA approval to return
Varda’s first manufacturing satellite and reentry vehicle attached to a Rocket Lab Photon bus. Rocket Lab Space startup Varda received long-awaited approval from the Federal Aviation Administration to bring its first spacecraft back to earth after a stint manufacturing drugs in space. Varda’s small W-Series 1 capsule, or W-1, has […]
Nvidia passes Alphabet in market cap and is now the third most valuable U.S. company
NVIDIA’s CEO Jensen Huang attends a media roundtable meeting in Singapore December 6, 2023. Edgar Su | Reuters Nvidia surpassed Google parent Alphabet in market capitalization on Wednesday. It’s the latest example of how the artificial intelligence boom has sent the chipmaker’s stock soaring. Nvidia rose over 2% to close […]