In a statement chip supplier Marvell Technology Group Ltd said, it has agreed to acquire Inphi Corp in a cash and stock deal worth $10 billion aimed at broadening its footprint in the 5G network infrastructure and in the data centers space. While Marvell supplies chips that move data around on copper-based cables, its peer…
Risk consultants sees U.S. investors quietly exiting from their partnership/commitments with the affected Chinese companies. In a significant development, Goldman Sachs Group Inc has stated, it is in the process of reviewing its involvement in China’s Megvii Technology Ltd’s initial public offering (IPO) following the U.S. Commerce Department placing the artificial intelligence firm on an…
Given its wide ranging potential, Washington wants to develop and leverage the power of quantum computing which is currently in its infancy. On Monday, in efforts aimed at boosting efforts at quantum computing, the White House is set to hold a meeting with academic experts, U.S. government officials, and leading tech companies including Alphabet Inc,…
Citi’s digital gamble will have to be weighed against customer preferences of wanting to walk into a brick-and-mortar branch and interact with an actual human being regarding their investments. The bank is short on deposits and is betting on its tech know-how to bridge the deposit gap with its peers. Citigroup Inc, part of the…
Investors who are averse to investing in bitcoins have now the opportunity to tap the excitement surrounding the cryptocurrency by investing in ETS that invest on blockchain technology to cut costs. Investors looking to tap the excitement surrounding bitcoin technology are likely to get a new opportunity this week since from Wednesday, the shares they…
Although JPMorgan has left the consortium, it has cleverly distributed its bet in the blockchain technology. It has joined the Enterprise Ethereum Alliance and is an investor in blockchain startups Digital Asset Holdings and Axoni. It is also a participant in the Hyperledger Project, a cross-industry group led by the Linux Foundation. JPMorgan Chase &…
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