The below is the official press release: NEW YORK – Verizon (NYSE: VZ) announced today that it has entered into an agreement with America Movil to acquire Tracfone, the leading pre-paid and value mobile provider in the U.S. The acquisition expands Verizon’s portfolio into the value segment, bringing enhanced access to its industry-leading wireless network […]
The company that owns TikTok, ByteDance, has announced that it has refused Microsoft’s offer in favor for Oracle. Microsoft has issued a statement via a blog post which reads, in part: ByteDance let us know today they would not be selling TikTok’s US operations to Microsoft. We are confident our proposal would have been good […]
The below is the official press release: NVIDIA to Acquire Arm for $40 Billion, Creating World’s Premier Computing Company for the Age of AI Sunday, September 13, 2020 • NVIDIA to Acquire Arm for $40 Billion, Creating World’s Premier Computing Company for the Age of AI • Unites NVIDIA’s leadership in artificial intelligence with Arm’s vast computing […]
By: Laila Husain of the fool.com: Jeff Bezos just shocked Amazon investors to the core with this dire statement:“I predict one day, Amazon will fail.”In a recent interview, Bezos explained that he believes “Amazon will be disrupted one day” and eventually “will go bankrupt.”What might be even more alarming is that Bezos has been dumping […]
