AMD shares are rising on a report the chip maker will collaborate with Intel to compete with Nvidia in the laptop chip market. The Wall Street Journal is reporting Monday morning that Intel and AMD will work together to launch a chip offering for thin and lightweight laptops that are capable of playing complex video-games. […]
Read moreSaudi Arabia‘s heir to the throne ordered the arrest of powerful royals and businessmen over the weekend, in a sudden move that is likely to significantly alter the mood among foreign investors. The major purge of the Kingdom’s elites was described as an anti-corruption drive by state officials, although outside observers suspected the exercise could […]
Read moreBroadcom on Monday made an unsolicited offer to buy Qualcomm, in a deal that that would be the largest technology acquisition ever. The $70 a share bid, equal to more than $130 billion, is comprised of $60 in cash and $10 per share in stock. It also include Broadcom’s willingness to have Qualcomm complete its […]
Read moreAs the U.S. stock market prepares for its “Trumpiversary” — the one-year mark of the 2016 presidential election and a 21 percent gain in the Standard & Poor’s 500 — pundits of both politics and business are asking the same question. Did investor confidence in President Donald Trump do this? One answer comes from international […]
Read moreChina and Australia’s regulators have agreed to partner up on financial technology (fintech), a move that will give them oversight on new trends in each other’s markets. The Australian Securities and Investment Commission (ASIC) and China Securities Regulatory Commission (CSRC) said Monday that they would cooperate on the sharing of information related to emerging themes […]
Read moreAmid another leak of documents revealing large-scale international tax avoidance, the secretary-general of the Organisation for Economic Co-operation and Development (OECD) said Monday that tax avoidance was fast becoming a thing of the past. “When we’re talking about the ‘Panama Papers’ or ‘Paradise Papers’ we’re talking about a legacy that is fast disappearing,” Angel Gurria […]
Read moreAmazon.com is cutting prices of products from third-party sellers on its website, moving beyond its more typical method of discounts on items it sells directly. The “discount provided by Amazon” applies to products including board games and technological gadgets offered by other merchants as the holiday season approaches. The retailer has been trying to compete […]
Read moreJapan could shoot down North Korean missiles with U.S. military technology, President Donald Trump has said. Trump said Japanese Prime Minister Shinzo Abe would be well-equipped for an attack from North Korea after buying equipment from the U.S. “He will shoot them out of the sky when he completes the purchase of lots of additional […]
Read moreFour years ago, well before the furor over allegations Moscow meddled in the 2016 election that put Donald Trump in the White House, at least 195 web addresses belonging to Trump, his family or his business empire were hijacked by hackers possibly operating out of Russia, The Associated Press has learned. The Trump Organization denied […]
Read moreAside from being a billionaire e-commerce entrepreneur and soon-to-be martial arts movie star, Alibaba founder Jack Ma can now add “recording artist” to his list of accomplishments. Ma posted the link to a duet he had recorded with Chinese pop singer Faye Wong on social media platform Weibo on Friday while he was in Kuala […]
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