Tech News - The Who Dat Daily - Page 166

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Debt investors offloading exposure to software companies is latest sign of pain

Investors are offloading software loans in debt vehicles at a discount, in the latest sign of pain in the software industry,...

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Microsoft unifies Copilot commercial and consumer product teams in unit rejig

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Qualcomm unveils $20 billion stock buyback program

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/ 3 months ago

Nvidia takes $5 billion stake in Intel under September agreement

Nvidia has purchased Intel shares worth $5 billion, the American semiconductor firm said in a filing on Monday, carrying out a...

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/ 3 months ago

Two Chinese flagship ETFs launch in Thailand as China lures foreign investors

China Asset Management Co. (ChinaAMC), the country’s biggest provider of exchange-traded funds, said on Monday it launched two flagship ETFs in...

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/ 3 months ago

Russian billionaire Potanin acquires minority stake in cloud provider Selectel

Russian billionaire Vladimir Potanin has acquired a 25% stake in a top IT infrastructure provider through companies he controls, one of...

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/ 3 months ago

South Korea’s L&F says value of battery material supply deal with Tesla cut to $7,386

South Korean battery material maker L&F said on Monday the value of its 2023 supply deal with Tesla has shrunk to...

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/ 3 months ago

SoftBank nears deal for data center investment firm DigitalBridge, Bloomberg News reports

SoftBank is in advanced talks to acquire DigitalBridge , Bloomberg News reported on Monday, citing people familiar with the matter.Read More

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/ 3 months ago

China’s LandSpace gears up to take on Elon Musk and SpaceX

China’s rocket startup LandSpace has made no secret about drawing inspiration from Elon Musk’s SpaceX.Read More

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/ 3 months ago

Coupang announces $1.18 billion compensation to South Korea users for data leak

South Korean e-commerce company Coupang announced on Monday a compensation package of 1.69 trillion won ($1.18 billion) to holders of 33.7...

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/ 3 months ago

Louis Gerstner, former IBM CEO who revitalized ‘Big Blue,’ dies at 83

Louis Gerstner, the former CEO and chairman of IBM , died on Saturday, aged 83.Read More

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/ 3 months ago

Israel’s tech sector says more staff seek relocation abroad-report

Requests among staff at multinational companies operating in Israel rose in reaction to Israel’s war against Hamas, the report said.Read More

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/ 3 months ago

Amazon halts plans for drone delivery in Italy

Amazon said on Sunday it has decided not to pursue plans to deliver goods by drone in Italy, saying that while...

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