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...Renesas recently bought Apple supplier Dialog for €4.9bn, having also sealed deals for US rival Integrated Device Technology for $7.2bn in 2019 and for US chipmaker Intersil for $3.2bn in 2017....
...Several banks, including Bank of America and Wells Fargo, offer AI-powered chatbots to help retail customers manage their finances....
...“Fabricating chips in America but then shipping them overseas to be packaged creates supply chain and national security risks that we just can’t accept,” the administration said, in a reference to US reliance...
...Renesas bought Apple supplier Dialog for €4.8bn ($5.6bn) in 2021 and splashed out over $10bn on both US rival Integrated Device Technology in 2019 and US chipmaker Intersil in 2017....
Americans account for 14% of users but their revenue contribution will be higher
...Many top wealth teams inside these banks — and UBS and Bank of America — have left in recent years to create their own independent firms....
...A version of this article was first published by Nikkei Asia on January 26. ©2024 Nikkei Inc. All rights reserved....
...Do we want the data from TikTok, children’s data, adults’ data . . . staying here in America or going to China?” Sullivan said....
And more on bad buybacks
And yet, we’re struggling to care
...The price/earnings (and often price/sales) ratios of these stocks can look high — but not as stretched as those of Big Technology shares in 2000....
...Foreign ministry spokesperson Wang Wenbin said on Thursday that the US had shown a “robber’s logic” towards the app, which has 170mn users in America....
...Lured by a new free trade zone and a busy shipping port in the Malacca Strait, Intel, alongside AMD, Renesas (formerly Hitachi), Keysight Technologies (formerly Hewlett-Packard) and several other tech multinationals...
...It was a strange comment because lawmakers have been explicit about their concerns that a Chinese company, ByteDance, owns what has become the social media site of choice for America’s teens and young adults...
...“Winner” indicates that the organisation won an FT Innovative Lawyers North America award for 2023. The full list of award winners is available here....
...A serious bill would also protect America’s children from social media....
Move comes after chief executive’s record pay package was voided by a Delaware judge
...A new satellite mission to track planet-warming emissions of methane gas is finally set to launch, now aided with artificial intelligence technology to help build a global map of oil and gas infrastructure...
...That has helped push its shares up another 49 per cent this year – yesterday supplanting Alphabet as America’s third most valuable company, Meanwhile, Tesla options trading volumes have stayed relatively...
...The company plans to sell 15.3mn shares at $31-$34 apiece, in a process being run by Morgan Stanley, Goldman Sachs, JPMorgan and Bank of America, according to a public filing....
Decision finds lawmakers over-reached with statewide prohibition on downloads
...The capital return announcement coincided with a wave of planned strikes by delivery workers in North America and the UK on Wednesday, as couriers for services including Uber, Just Eat Takeaway, Deliveroo...
...Allan Swan, president of Panasonic Energy of North America, told Nikkei on the sidelines of CES that the Tesla supplier still needs “more plants” to reach its goal of increasing annual production capacity...
US venture capitalists are sitting on a record amount of ‘dry powder’ as they avoid risky bets on fledgling companies
...What that change is driven by — technology? competitive dynamics? — is worth thinking about....
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