Tag:Business - Page 3

Microsoft posts record $51.7 billion Q2 revenue

Strong growth across all major product groups, with cloud continuing to lead the way.
Parm Mann -

Nvidia’s $40 billion Arm acquisition in doubt

Company concedes transaction unlikely to close as current owner reconsiders IPO.
Parm Mann -

Intel announces $20 billion Ohio chipmaking mega-site

Two new Midwest factories to help quell semiconductor shortages.
Parm Mann -

Netflix stock drops by 20 per cent over subscriber fears

Misses subscriber growth by 202,000 in Q4 2021; stock tumbles.
Tarinder Sandhu -

Microsoft announces $68.7 billion acquisition of Activision Blizzard

Huge announcement viewed as yet another string in the Xbox Game Pass bow.
Parm Mann -

Physical media moves closer to extinction as Tesco pulls plug on CDs and DVDs

Reports suggest that CDs and DVDs could be removed from store shelves as soon as next month.
Parm Mann -

PC market boom continues with highest level of shipments since 2012

348.8 million PCs were shipped in 2021, signalling 15 per cent year-on-year growth.
Parm Mann -

SK hynix will rebrand acquired Intel SSD business as Solidigm

The new brand name just trips off the tongue, doesn't it?
Mark Tyson -

Intel to invest $9 billion for advanced packaging plant in Italy

Intel's Italian plant could be powered by renewable energy.
Mark Tyson -
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