In a blockbuster deal that’s capturing attention across the global tech and semiconductor industries, Texas Instruments (TI) has agreed to acquire Silicon Laboratories (Silicon Labs) in a transaction valued at approximately $7.5 billion. The all-cash purchase — TI’s largest since its 2011 acquisition of National Semiconductor — signifies a major strategic push into the rapidly … Continue reading Texas Instruments Makes Its Boldest Move in Over a Decade With $7.5B Silicon Labs Acquisition
European and U.S. software stocks struggled to find support on Wednesday as a sector-wide selloff spread to Asia, fuelled by mounting worries that advances in artificial intelligence could upend companies' business models. European data analytics, professional services and software stocks fell for a second day in volatile trade, mirroring losses in global peers after Anthropic's … Continue reading AI Shockwaves: How Anthropic’s Latest Move Triggered a Global Software Sell-Off
China's President Xi Jinping and Russian leader Vladimir Putin hailed their countries' "stabilising" economic, political and security alliance in the face of "turbulent" times globally, as they spoke via video call on Wednesday (Feb 4). Moscow and Beijing have sought to present a united front against the West, with ties deepening since Russia's 2022 Ukraine … Continue reading Xi Jinping, Vladimir Putin celebrate strong China-Russia relations
Asia-Pacific airlines are well-positioned for continued growth despite geopolitical tensions, trade frictions and rising operating costs, said the outgoing director general of the Association of Asia Pacific Airlines (AAPA). The bright outlook is supported by resilient economic conditions and sustained demand for air travel across the region, Mr Subhas Menon told CNA on the sidelines … Continue reading Asia-Pacific airlines inspired to achieve more despite global challenges
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