July 16, 2023
Broadcom’s $61 Billion Acquisition of VMware Approved by EU, Ushering in New Era of Innovation
After months of scrutiny and antitrust investigations, US semiconductor giant Broadcom has received the long-awaited approval from the European Union to acquire leading virtualization technology developer VMware for an astounding $61 billion. The deal, financed by a 50/50...
July 14, 2023
London trial sheds light on teen hacking attacks
In a gripping trial unfolding in London, two teenagers, 18-year-old Arion Courtay and a 17-year-old whose identity remains undisclosed, stand accused of hacking into several prominent companies, including NVIDIA, Rockstar, and Uber. The charges against them encompass serious...
July 11, 2023
Israel’s Tech Industry Set to Soar as Intel Pours $25 Billion into New Semiconductor Factory
Intel announced its plans to build semiconductor fabs in Germany, Israel and Poland, sending shockwaves throughout the technology industry. The investment in Germany will be $33 billion, Israel $25 billion, and Poland $5 billion. Intel’s ambitious endeavor is designed...
July 9, 2023
Breaking Boundaries: Apple’s Shares Soar, Propelling the Tech Giant to New Heights
In a stunning comeback, Apple Inc. reached an important milestone, rising to an all-time high for the first time in a year. The achievement demonstrates how the tech giant has regained its dominance in the industry, according to a Bloomberg report.
Apple stock rose...
July 8, 2023
iRobot Acquisition: Amazon’s Promise of Innovation and Lower Prices Challenged by European Commission
The European Commission has expressed concern over Amazon’s acquisition of iRobot, fearing that the deal could limit competition in the robot vacuum cleaner market and strengthen Amazon’s position as a dominant service provider in online markets. The EU regulator...